Gambling
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MGM Resorts Stock Can Bounce Back, Say Analysts
[ad_1] Posted on: April 15, 2024, 06:29h. Last updated on: April 15, 2024, 06:29h. MGM Resorts International (NYSE: MGM) stock is struggling. Shares of the casino operator are lower by 4.10% year-to-date, badly lagging the S&P 500, and things have been worse in recent days as highlighted by a 7.45% decline over the past week. The Cosmopolitan Las Vegas. Analysts…
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Atlantic City Casino Profits Slide in 2023, Report Adds to Concerns
[ad_1] Posted on: April 8, 2024, 05:12h. Last updated on: April 8, 2024, 05:12h. Atlantic City casinos managed to increase their net revenue last year, but the higher income wasn’t enough to offset increased overhead. That led to year-over-year profit declines. An aerial view of the Atlantic City skyline, with the town’s six casinos standing tall on the Boardwalk and…
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ESPN Anchor Rece Davis Backtracks Sports Betting Comment
[ad_1] Posted on: March 25, 2024, 05:27h. Last updated on: March 25, 2024, 05:27h. Rece Davis, a lead sports anchor on ESPN and ABC, is backtracking sports betting comments he made on Sunday ahead of top-seeded UConn’s second-round March Madness matchup against No. 9 Northwestern. ESPN’s Rece Davis is walking back comments he made in jest about sports betting being…
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DraftKings CFO Jason Park Moving To New Role At Gaming Firm
[ad_1] Posted on: March 18, 2024, 05:34h. Last updated on: March 18, 2024, 05:34h. DraftKings (NASDAQ: DKNG) announced today that CFO Jason Park is moving to another role within the gaming company and that Senior Vice President of Finance and Analytics Alan Ellingson, will assume the top financial job at the firm on May 1. Soon-to-be former DraftKings CFO Jason…
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Caesars Sportsbook launches mobile sports wagering across North Carolina
[ad_1] Caesars Sportsbook is now accepting mobile sports wagers across North Carolina. The company was among the eight sportsbooks that secured licenses from state regulators ahead of the online betting market launch on Monday. Sports bettors 21 and older across the state can now place bets with the Caesars Sportsbook app on mobile or via desktop. The development follows news…
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Caesars Insiders See Value In Stock
[ad_1] Posted on: March 4, 2024, 03:04h. Last updated on: March 4, 2024, 03:42h. Shares of Caesars Entertainment (NASDAQ: CZR) are down 19.6% over the past year, which is disappointing when considering the S&P 500 is higher by 29.2% over the same stretch. Pedestrians walk the Las Vegas Strip near Caesars Entertainment’s Paris. Company insiders are buying the stock. (Image:…
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Golden Nugget Atlantic City Begins Multimillion-Dollar Renovation
[ad_1] Posted on: February 26, 2024, 03:40h. Last updated on: February 26, 2024, 03:40h. Golden Nugget Atlantic City is embarking on a multimillion-dollar renovation of the Marina District property. Golden Nugget Atlantic City is updating its 700 hotel guestrooms to mimic the room pictured. Officials with the Marina District casino resort say the room makeovers will be done by May…
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Casino Revenue Cools Across County, Declines Felt Nationwide
[ad_1] Posted on: February 19, 2024, 03:48h. Last updated on: February 19, 2024, 03:48h. While Nevada and Las Vegas maintained the strong 2023 casino revenue momentum into 2024, regional gaming properties across the country saw gross gaming revenue (GGR) decline to begin the new year. A rather empty casino floor is seen at Resorts World Catskills in Upstate New York.…
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Hawaii online sports betting edges closer to reality as House Committee advances legislation
[ad_1] The prospect of online sports betting in Hawaii has moved a step closer to realization with a crucial development. On Wednesday, the House of Representatives Committee on Economic Development gave its approval to House Bill 2765. The bill, designed to oversee online sports betting in Hawaii, received the green light alongside essential amendments. Sponsored by Rep. Daniel Holt, the…
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New UK Lottery Operator Allwyn Won’t Hit Short-Term Targets on Donations
[ad_1] Posted on: February 5, 2024, 03:56h. Last updated on: February 5, 2024, 04:05h. Allwyn Entertainment officially took over the reins as the UK’s new lottery operator last week and has already admitted that it won’t hit its promised targets on donations to good causes – in the short term, at least. The UK National Lottery logo adorning a store…
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