Dara O’Kearney: Memories From the European Deepstack
The Deepstack is back Well, it’s that time of year again. And what time is that exactly, I’m sure you’re wondering. It’s not Christmas, that much we know. Or even New Year. In poker terms, the World Series of POke is a long way off. It’s not Irish Open time. So what on earth is […]
VICI Could Eye Acquisition of Caesars Forum, Says Analyst
VICI Properties (NYSE: VICI) could consider purchasing the Caesars Forum convention center on the Las Vegas Strip, which the real estate investment trust (REIT) has an option to buy. The Caesars Forum convention center on the Las Vegas Strip. VICI Properties could consider buying the venue, says an analyst. (Image: Network in Vegas) That’s the […]
Century Casinos Stock Story Requires Patience
Following a rough 2024, shares of Century Casinos (NASDAQ: CNTY) are off nearly 7% to start 2025, potentially indicating the stock’s redemption story will require patience from investors. The Century Casino in Central City, Colo. An analyst said the stock could require patience before it rebounds. (Image: Century Casinos) In a note out after the […]
Melco Should Consider Selling Cyprus, Philippines Casinos, Says Analyst
Melco Resorts & Entertainment (NASDAQ: MLCO) should consider selling its casino hotels in Cyprus and Manila so it can fund a full acquisition of Studio City International (NYSE: MSC) and focus on its Thailand ambitions, according to an analyst. Melco Resorts CEO Lawrence Ho speaks in Macau in 2018. An analyst said the company should […]
MGM Could Make Another Run at Entain’s BetMGM Stake
It’s been four years since MGM Resorts International (NYSE: MGM) offered to acquire BetMGM partner Entain Plc (OTC:GMVHY). At least one analyst believes it’s possible the casino giant could revisit such a proposal this year. The BetMGM logo. An analyst said MGM could consider another takeover offer for BetMGM partner Entain. (Image: NY Sports Day) […]
Penn Could Mull Tech Buy to Bolster ESPN Bet
Penn Entertainment (NASDAQ: PENN) could consider a technology-related acquisition this year in an effort to prop up its ESPN Bet online sports betting unit. An image from an ESPN Bet tutorial. Parent company Penn Entertainment could consider a tech acquisition. (Image: YouTube) That’s the take of Eilers & Krejcik Gaming (EKG), which said in a […]
Wynn Praised for Strategy of Crown London Buy
Last week, Wynn Resorts (NASDAQ: WYNN) announced the acquisition of the Crown London, a small, private casino in the Mayfair District, and while it’s not the typical property-level purchase executed by a US gaming value, the deal has merit. The Crown London, a private casino. An analyst praised Wynn Resorts’ purchase of the venue. (Image: […]
Wynn Buying Crown London Casino from Crown Resorts
Wynn Resorts (NASDAQ: WYNN) announced late Thursday that it’s purchasing the famed Crown London casino from current operator Crown Resorts. The Crown London, a private casino. Wynn Resorts is buying the venue for an undisclosed price. (Image: Crown London) Financial terms of the transaction, which is expected to close in the second half of this […]
Golden Entertainment Real Estate Sale Could Lift Stock, Says Analyst
Shares of Golden Entertainment (NASDAQ: GDEN) could be galvanized this year if the casino operator decides to sell some or all of its real estate holdings. Golden Entertainment’s corporate logo. The company could explore real estate sales this year, said an analyst. (Image: PR Newswire) That’s the view of Deutsche Bank analyst Carlo Santarelli, who […]
Caesars ‘Sell’ Rating Reiterated by CFRA, More Asset Sales Possible
Shares of Caesars Entertainment (NASDAQ: CZR) started 2025 on a downbeat note, shedding 2.48% on above-average volume on the first trading day of the year after a research firm “reiterated” a sell rating on the stock while cutting its price target. Caesars Palace Las Vegas. The operator could sell assets this year to reduce, said […]
