Writer: David McKee
Apollo buys IGT Gaming and Everi all at once
Although International Game Technology (IGT) had been scheduled to merge with Everi Holdings later this year, that transaction was... more
Illinois taxes on DraftKings outweigh Jackpocket boost, analyst says
Citing “myriad issues” impacting Wall Street estimates, Jefferies Equity Research analyst David Katz took what he said was an unusual... more
Bally’s accepts takeover bid from Standard General
Days before its second-quarter earnings release, Bally’s Corp. accepted a buyout offer from Chairman Soo Kim’s Standard General hedge... more
Analyst: Sports betting up significantly and growing
Gross gaming revenue for online sports betting (OSB) jumped 25 percent in Q2 of 2024, according to Jefferies Equity Research analyst James... more
Entain CEO appointment ‘positive,’ analyst says
In an announcement made over the weekend, Gavin Isaacs has been tapped as the new CEO of Entain. Interim CEO Stella David will transfer to... more
Gaming sector underperforming, Truist analyst says
In a wide-ranging preview of second-quarter earnings, Truist Securities analyst Barry Jonas opined that the casino sector “continues to... more
Marketer on the verge of Nasdaq delisting
Sports-betting affiliate SharpLink informed investors this morning that it was out of compliance for Nasdaq listing. According to Listing... more
American casinos: Foot traffic, revenue up year over year
In a Sunday investor note, Jefferies Equity Research analyst David Katz began by observing that foot traffic to American casinos is higher... more
Analysts applaud Bally’s deal
Both Jefferies Equity Research analyst David Katz and Truist Securities stock-cruncher Barry Jonas were full of praise for the transaction... more
Sports betting “an increasingly competitive space,” analyst says
In a Friday investor note, Truist Securities analyst Barry Jonas grappled with the issue of the pricing of online sports betting. Jonas... more
