casinos

The Nevada Gaming Control Board on Thursday released its monthly report on gaming revenue for Las Vegas. What Happened Nevada's non-restricted gaming licensees reported a total “gaming win” of $1.022 billion in March, down 0.1 percent year-over-year. For the current fiscal year,...

VICI Properties Inc. (NYSE: VICI) has partnered with Hard Rock International to complete a $745-million buyout of JACK Cincinnati Casino. What Happened VICI announced Friday that it will acquire 100 percent of the land and real estate assets of JACK Cincinnati for $558 million. As part of the deal...

Wynn Resorts, Limited (NASDAQ: WYNN) traded higher by more than 7 percent Monday after March gaming revenue in Macau was better than feared. Technical traders will be watching Monday’s close closely to see if Wynn can break above a key technical resistance level for the first time since June...

The Nevada Gaming Control Board on Thursday released its report on gaming revenue for the Las Vegas area in February. What Happened Nevada's non-restricted gaming licensees reported a total “gaming win” of $1.011 billion in February, a 0.6-percent year-over-year decrease. Statewide...

The Nevada Gaming Control Board on Thursday released its report on gaming revenue for the Las Vegas area in January. What Happened Nevada's non-restricted gaming licensees reported a total “gaming win” of $984.5 million in January, a 3-percent year-over-year decrease. Statewide...

Atlantic City casino wins were up more than 9 percent in January year-over-year, according to new state figures, but the real jackpot in the state may have come courtesy of online sports betting. New Sports Revenue  In a look at the latest state numbers from New Jersey on gaming revenues...

Casino stocks are off to a hot start in 2019. While Credit Suisse analyst Cameron McKnight said the outlook for Las Vegas is bullish, the analyst said in a Friday note that the Macau market may be much more difficult in coming quarters. Las Vegas Booming McKnight said he is positive on the U.S...

Notable short seller Jim Chanos, the founder and President of Kynikos Associates, told CNBC's Sara Eisen in an interview Thursday he has been short casino operators Las Vegas Sands Corp. (NYSE: LVS) and Wynn Resorts, Limited (NASDAQ: WYNN) since the summer. What Happened Speaking to CNBC's...

Shares of Gaming Partners International Corp. (NASDAQ: GPIC), a supplier of gaming table equipment to casinos worldwide, rose 70 percent after the company agreed to sell itself to Angel Holdings, a supplier of casino playing cards and table game equipment. What Happened As part of a merger...

Penn National Gaming, Inc (NASDAQ: PENN) has acquired operating rights to the Greektown Casino in downtown Detroit as part of a $1-billion sale of the property. What Happened Dan Gilbert, the founder and chairman of Quicken Loans, agreed to sell Greektown Casino for $1 billion. The property...

Wynn Resorts, Limited (NASDAQ: WYNN) shares were getting pummeled one day after the casino operator's mixed third-quarter earnings report. The casino operator reported Q3 earnings of $1.68 per share, missing estimates by a penny. Sales came in at $1.71 billion, beating estimates by $...

Casino stocks traded notably higher Thursday in reaction to encouraging data from Macau, considered to be the gaming capital of the world. What Happened Casinos operating in the Chinese hub of Macau recorded their best monthly revenue in four years, Reuters reported. As a whole, revenue for the...

Gaming operator Caesars Entertainment Corporation (NASDAQ: CZR) boasts multiple upside catalysts that imply the stock is undervalued, according to Morgan Stanley. The Analyst Morgan Stanley's Thomas Allen initiated coverage of Caesars Entertainment with an Overweight rating and $...

Tilman Fertitta, the billionaire casino operator, is reportedly looking to buy Caesars Entertainment Corporation (NASDAQ: CZR). What Happened Fertitta, the owner of the Golden Nugget Casinos along with the NBA's Houston Rockets and restaurant company Landry's, is prepared to offer $13 per...

Casino stocks were trading nearly flat to lower Thursday morning after the Nevada Gaming Control Board released August revenue data. What Happened Gaming licensees reported total win of $912,980,589 in August, which represents a 7.74-percent decrease from the same month one year ago,...