Writer: Howard Stutz
Nasdaq halts Full House when volume soars following hedge fund tout
The Nasdaq halted trading in regional casino operator Full House Resorts for a short time Monday after the stock price jumped almost 20%... more
IGT sports wagering technology now utilized in 11 states with ‘with opportunities for expansion’
Financially, sports betting has yet to move the needle on International Game Technology’s balance sheet. For now, the focus is on expanding... more
Illinois slot machine provider completes merger, looks to grow in the market
Illinois video gaming terminal provider Accel Entertainment completed its merger with TPG Pace Holdings Corp. Thursday, gaining a listing... more
VICI increases notes offering $2.25B to help pay for ‘previously announced’ deals
Real estate investment trust VICI Properties increased its previously announced notes offering Thursday from $1.75 billion to $2.25... more
William Hill US to acquire rival CG Technology’s sportsbook operations in Nevada and The Bahamas
William Hill US said Wednesday it is acquiring the sportsbook assets managed by rival CG Technology in Nevada and The Bahamas, ending the... more
MGM Growth stock offering could lead to sale-leaseback of MGM Grand LV, Mandalay Bay
MGM Growth Properties announced a stock sale Wednesday the proceeds of which could fund a sale-leaseback of the MGM Grand Las Vegas and... more
Gaming companies find support as debt and leverage reduction take center stage
Literally two minutes after MGM Resorts International announced Monday that it had closed the $4.25 billion sale and leaseback of the... more
Off-the-board: California sports betting proposal won’t allow wagers on in-state schools
New Jersey doesn’t allow its sports books to accept wagers on games involving Rutgers, Seton Hall, Princeton or any of the state’s other... more
MGM, Blackstone complete $4.25B sale-leaseback of Bellagio
MGM Resorts International and real estate giant Blackstone closes the companies’ $4.25 billion sale and leaseback of the Bellagio Monday,... more
Analysts say lack of mobile could hinder California sports betting push, but tribes disagree
It’s a near certainty that Californians will get to vote next year on legalizing sports betting in the Golden State, which could be worth... more
