Writer: David McKee
Analysts expect little change from Penn following ultimatum
Wall Street analysts were generally unruffled by the Donerail Group’s demand letter that Penn Entertainment put itself up for sale. Penn... more
Investor group blasts Penn strategy and CEO
Decrying “numerous failed investments and destruction of shareholder value,” the Donerail Group called out Penn Entertainment... more
Las Vegas: $100 million redo of Mandalay Bay Convention Center finished
MGM Resorts International on Thursday announced it has completed a $100 million makeover of the Mandalay Bay Convention Center. The remake... more
Analyst: Station, MGM both “positioned to outperform”
Training his crystal ball on the future of Las Vegas, Jefferies Equity Research analyst David Katz picked Station Casinos and MGM Resorts... more
New GM of Mississippi casino moves downriver to Natchez from Vicksburg
Eugene Gibson has been appointed general manager of Magnolia Bluffs Casino Hotel, a property of Saratoga Casino Holdings. The Natchez,... more
Arizona: Sportsbooks reinvest heavily in promotions in March
Sportsbook revenue in Arizona increased eight percent in March to $57.4 million. Handle was $758 million, an 18 percent surge, and hold was... more
Illinois tax boost takes immediate toll on DraftKings shares
According to J.P. Morgan analyst Joseph Greff, shares of DraftKings declined 11 percent in early trading Tuesday. He attributed the falloff... more
Analyst stays the course with FanDuel owner Flutter Entertainment
Refining his view of FanDuel’s corporate parent Flutter Entertainment, Jefferies Equity Research analyst James Wheatcroft launched a... more
MGM exceeds meal-donation target
Describing its goal as “ambitious,” MGM Resorts International announced Tuesday that it donated five million meals to the communities... more
Mississippi renews lottery contract with IGT for three years
International Game Technology (IGT) announced Tuesday that its subsidiary IGT Global Solutions Corp. extended its contract with the... more
