GAMBLING

  • Wynn Can Self-Fund UAE Casino Resort, Says Analyst

    Posted on: June 19, 2024, 03:57h.  Last updated on: June 19, 2024, 03:57h. Wynn Resorts (NASDAQ: WYNN) has the capability to self-fund its portion of the Wynn Al Marjan Island integrated resort in Ras Al Khaimah, United Arab Emirates (UAE). A rendering of Wynn Al Marjan Island. Wynn can self-fund its $900 million contribution to the project, according to a…

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  • Penn Entertainment Strategic Review Unlikely, Says Analyst

    Posted on: June 16, 2024, 02:58h.  Last updated on: June 16, 2024, 02:58h. Shares of Penn Entertainment (NASDAQ: PENN) slumped Friday after a sell-side analyst said the regional casino operator is unlikely to commence a strategic review over the near-term, potentially dashing hopes the company is a takeover target. Penn Entertainment’s logo. An analyst said the operator is unlikely to…

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  • Genting Bullish on New York, RWNY Casino License Prospects

    Posted on: June 13, 2024, 03:59h.  Last updated on: June 13, 2024, 03:59h. At its annual meeting this week, Genting Malaysia Bhd sound an optimistic tone on its operations in New York, including the prospects for Resorts World New York landing one of the three downstate casino licenses the state has yet to award. Resorts World New York in Queens.…

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  • DraftKings Named Top Gaming Idea by Morgan Stanley

    Posted on: June 10, 2024, 03:22h.  Last updated on: June 10, 2024, 03:22h. Shares of DraftKings (NASDAQ: DKNG) got a much needed jolt Monday after Morgan Stanley anointed the stock one of its top ideas in the gaming and lodging space. An image from a DraftKings office. Morgan Stanley called the stock a top gaming/lodging idea. (Image: Bloomberg) In a…

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  • Most Valuable Las Vegas Casino Chips

    Posted on: June 7, 2024, 03:17h.  Last updated on: June 7, 2024, 03:17h. When Las Vegas casinos close, their chips lose their cash value. But their collectible value often increases. That’s why plain old $25 chips from the Tropicana are selling for $50 on eBay right now. This uncirculated box of 100 $1 casino chips from the defunct Sands Hotel…

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  • FanDuel Could Buy Naming Rights For Diamond Sports Networks

    Posted on: June 4, 2024, 03:53h.  Last updated on: June 4, 2024, 03:53h. FanDuel is reportedly nearing an agreement to replace Bally’s (NYSE: BALY) as the sponsor of 18 regional sports networks (RSNs) controlled by bankrupt Diamond Sports Group. A map of Bally’s regional sports networks (RSNs). FanDuel is reportedly in talks with Diamond Sports to acquire the naming rights…

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  • VEGAS MUSIC ROUNDUP: J. Lo Cancels Tour & Lies About Why, Minaj Pt. 2

    Posted on: May 31, 2024, 05:04h.  Last updated on: May 31, 2024, 06:05h. Jennifer Lopez has canceled her upcoming summer concert tour of the US. Promoter Live Nation issued a press release Friday explaining that the pop superstar is “taking time off to be with her children, family, and close friends.” If that explanation sounds familiar, it’s the same lie…

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  • Macau Fraudsters Bilked Casino for $580K with Baccarat Cold Decks

    Posted on: May 29, 2024, 03:41h.  Last updated on: May 29, 2024, 03:41h. Five employees of an unnamed casino on Macau’s Cotai Strip are accused of orchestrating a scam involving stacked baccarat decks that bilked the venue out of HKD4.54 million (US$581,498). A baccarat game underway in Macau, pictured. The gang conspired with casino employees to access new decks of…

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  • FanDuel Founders’ $120M Suit Over Flutter Deal Revived

    Posted on: May 26, 2024, 12:59h.  Last updated on: May 26, 2024, 01:05h. The New York State Court of Appeals has revived a lawsuit brought by FanDuel’s founders against a powerful group of current shareholders. Lesley and Nigel Eccles, the husband-and-wife team that founded FanDuel in Edinburgh over 15 years ago. They and other shareholders claim they were deliberately left…

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  • Donald Trump Jr. Shines Light on Alabama Gaming Deadlock

    Posted on: May 4, 2024, 10:41h.  Last updated on: May 4, 2024, 10:41h. Donald Trump Jr. is headed to Alabama next week to rally on behalf of his father’s 2024 campaign. Before departing for the Cotton State, the former president’s eldest son took to X to weigh in on efforts to allow Alabamans to have a say on whether to…

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