casino stocks

Casino operator Las Vegas Sands Corp (NYSE:LVS) beat analyst estimates with fourth-quarter financial results reported Wednesday after market close. Here are the key highlights. • Why is LVS stock dropping? Las Vegas Sands Q4 Results Las Vegas Sands reported fourth-quarter revenue of $3.649...

Residents and tourists to New York City could soon have three casinos to visit. The new casinos would add to the state's increased interest in casinos and sports betting, which includes the launch of online sports betting in the state back in January 2022. • BALY is in a favorable position...

Casino and sports betting company MGM Resorts International (NYSE:MGM) reported third-quarter financial results after market close Wednesday. Here are the key highlights. Q3 Results: MGM Resorts reported third-quarter revenue of $4.25 billion, up 2% year-over-year. The revenue beat a Street...

PENN Entertainment (NASDAQ:PENN) received a Wall Street upgrade Friday on a positive outlook for both its casino and sports betting segments. The PENN Analyst: JPMorgan analyst Joseph Greff upgraded shares of Penn from Neutral to Overweight and raised the price target from $19 to $27. Read Also:...

PENN Entertainment (NASDAQ:PENN) analysts highlight the ESPN Bet and Interactive segment as items to watch after the company missed third-quarter estimates for revenue and earnings per share. The PENN Analysts: Needham analyst Bernie McTernan reiterated a Buy rating on Penn Entertainment with a...

The stock market indexes have enjoyed record highs in recent years with the S&P 500 outperforming other years with President Joe Biden leading the country for the last nearly four years. Not all stocks went up with Biden in office and investors may want to take a look back at the...

Las Vegas Sands Corp (NYSE:LVS) receives praise from analysts for its strong position in Macau and the recovery of the region after missing third-quarter earnings per share and revenue estimates. The Las Vegas Sands Analysts: Morgan Stanley analyst Stephen Grambling maintained an Overweight...

The outlook for growth in 2024 for casino companies could be one key area to watch in the gaming space along with a favorable backdrop for online sports betting companies, an analyst said. What Happened: JMP Securities analyst Jordan Bender shared the takeaways from the Global Gaming Expo in a new...

Horse racetrack owner Churchill Downs Inc (NASDAQ:CHDN) gets an upgrade from an analyst ahead of the opening of a new gaming resort in Northern Virginia and its ownership of the Kentucky Derby race. The Churchill Downs Analyst: Bank of America analyst Shaun C. Kelley upgraded Churchill Downs stock...

Less than a month after a report that Boyd Gaming (NYSE:BYD) was considering a buyout of casino and sports betting operator Penn Entertainment (NASDAQ:PENN), a new bidder has emerged. What Happened: FanDuel’s parent company, Flutter Entertainment (NYSE:FLUT), is considering teaming up with...

Shares of PENN Entertainment (NASDAQ:PENN) traded higher on Thursday with a report linking the company to an acquisition that could change the casino sector. What Happened: Penn Entertainment has been approached by Boyd Gaming (NYSE:BYD) according to a new report from Reuters. The report comes as...

Casino and sports betting company PENN Entertainment (NASDAQ:PENN) reported first-quarter financial results that came in lower than analysts' estimates. Here's what analysts are saying after the report. Needham analyst Bernie McTernan has a Buy rating and lowers the price target from $32 to $26....

Analysts upgraded sports betting and casino operator PENN Entertainment (NASDAQ:PENN) based on the valuation of sportsbook ESPN Bet. The PENN Analyst: Truist analyst Barry Jonas upgrades Penn Entertainment from Hold to Buy and has a price target of $23. The Analyst Takeaways: Penn Entertainment...

Casino and sports betting company PENN Entertainment Inc (NASDAQ:PENN) reported fourth-quarter financial results before market open Thursday. Here's a look at what analysts are saying after the report and the future growth of ESPN Bet. The Penn Analysts: Macquarie analyst Chad Beynon had an...

Casino and sports betting company PENN Entertainment (NASDAQ:PENN) reported fourth-quarter financial results Thursday before the market open. Here are the key highlights, including the early impact of ESPN Bet. What Happened: Penn reported fourth-quarter revenue of $1.4 billion, which missed a...