casino stocks

Casino and resort operator MGM Resorts International (NYSE:MGM) reported fourth-quarter financial results after the market close Tuesday. Here are the key highlights. What Happened: MGM Resorts reported fourth-quarter revenue of $4.38 billion, which was up 22% year-over-year. The revenue total beat...

Super Bowl LVIII will cost companies around $7 million for 30-second TV commercials. That’s a 185x jump from the original cost of $37,500 for an ad-spot during Super Bowl I in 1967m according to Bank of America chief strategist Michael Hartnett. To highlight how significant this price...

NBA team owner and entrepreneur Mark Cuban surprised many people when it was announced in November that he would be selling majority control of the Dallas Mavericks. The NBA has approved the sale. Here's what things look like moving forward. What Happened: Cuban, who has owned the Mavericks since...

Casino company Wynn Resorts (NASDAQ:WYNN) reported third quarter financial results after market close Thursday. Here are the key highlights. What Happened: Wynn Resorts reported third quarter operating revenue of $1.67 billion, which was up from a total of $889.7 million reported in the prior year'...

Casino and sports betting company PENN Entertainment (NASDAQ:PENN) announced third quarter financial results before the market opened Thursday. What Happened: Penn Entertainment reported third quarter revenue of $1.62 billion, which was down from last year's $1.625 billion. The revenue total came...

Renowned for owning the Churchill Downs racetrack and hosting the iconic Kentucky Derby annually, Churchill Downs Inc (NASDAQ: CHDN) also boasts an impressive portfolio of other horse racing and casino assets. Here's an analyst's take on the company's potential. The Churchill Downs...

With a United Auto Workers strike already throwing the Big Three Detroit automakers into disarray, Detroit is facing a second potential strike from another sector that represents a major revenue stream for the Motor City. Detroit Casino Workers Authorize Strike: Workers at the three...

In a recent cybersecurity breach, Caesars Entertainment Inc. (NYSE:CZR) reportedly paid millions to cyber attackers to prevent the leak of company data. The fallout of this incident has led to a substantial drop in the company’s share prices. What Happened: Caesars Entertainment ...

Sports betting and casino operator PENN Entertainment (NASDAQ: PENN) is set to report second quarter financial results before the market opens Wednesday. Here’s a look at the key estimates and details to watch. Earnings Estimates: PENN Entertainment is expected to report second quarter...

Casino and hospitality company MGM Resorts International (NYSE: MGM) reported second-quarter financial results after the market close Wednesday. Here are the key highlights. What Happened: MGM Resorts reported second-quarter revenue of $3.94 billion, which was up 21% year-over-year. The revenue...

Casino and resort operator Las Vegas Sands (NYSE: LVS) reported second-quarter financial results after the market close Wednesday. Here are the key highlights. What Happened: Las Vegas Sands reported second-quarter revenue of $2.54 billion, which was up over 100% year-over-year from $1.05 billion....

The founder of one of the most successful sports media companies of the last decade could be ready to call it quits. Here’s a look at where things stand between Penn Entertainment, Barstool Sports and Dave Portnoy. What Happened: The acquisition of Barstool Sports by Penn Entertainment (...

Sports betting company DraftKings Inc (NASDAQ: DKNG) recently reported first-quarter financial results. Now, an analyst is sizing up the earnings report from DraftKings and other operators in the sports betting space. The Analyst Ratings: Morgan Stanley analyst Stephen Grambling has an...

Casino company Wynn Resorts, Limited (NASDAQ: WYNN) reported first-quarter financial results after market close Tuesday. Here are the highlights. What Happened: Wynn Resorts reported first-quarter revenue of $1.42 billion, which was up 49% year-over-year. The revenue total beat a Street consensus...

 Casino resort operator and sports betting company MGM Resorts International (NYSE: MGM) reported first-quarter financial results after the market close Monday. Here are the key highlights. What Happened: MGM Resorts International reported first-quarter revenue of $3.87 billion, up 36% year-...