gaming

“Apex Legends” helped Electronic Arts Inc. (NASDAQ: EA) to a strong fourth quarter that beat expectations, but it was a bullish 2020 outlook from the company that's keeping investors and sell-side analysts in the game. Strength from "Apex" and the company’s...

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...

D.A. Davidson remains bullish on Turtle Beach Corp. (NASDAQ: HEAR), which announced last week that it sold its 30 millionth gaming headset. — more than 12 million more than its largest competitor. The Analyst D.A. Davidson’s Tom Forte reiterated a Buy rating on Turtle Beach with a $23...

Shares of Nvidia Corporation (NASDAQ: NVDA) are trading at around 33.3 times Piper Jaffray's 2020 estimated non-GAAP EPS, which undervalues the company given multiple catalysts ahead. The Analyst Piper Jaffray's Harsh Kumar initiated coverage of Nvidia with an Overweight rating and $200...

In 2018, The Information reported that Snap Inc (NYSE: SNAP) was looking into launching a gaming platform through its Snapchat app. Snap has showed growing interest in the segment and rolled out a few lightweight augmented reality games on its platform last year.  What...

Blockbuster video game “Fortnite” generated $3 billion in profits for game developer Epic Games in 2018, so video game investors have all the motivation in the world to determine which game is going to be the next sensation. Popular professional esports players and video game streamers...

Activist investor Carl Icahn and gaming operator Caesars Entertainment Corporation (NASDAQ: CZR) reached an agreement Friday on the composition of the casino operator's board of directors. What Happened Icahn confirmed a 9.8-percent stake in Caesars in February and demanded the...

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...

Esports fans will soon have an avenue for making a pure-play bet on the biggest trend in gaming, with Super League Gaming, Inc. announcing the terms of its upcoming IPO on the Nasdaq under the ticker SLGG. Super League Gaming, which operates a cloud-based esports platform,...

Tencent Holdings (OTC: TCEHY) is in talks to bring Electronic Arts Inc. (NASDAQ: EA)’s new U.S. hit "Apex Legends" to China, the South China Morning Post reported Friday. Apex Legends has debuted with huge numbers of players and considerable fanfare in the gaming world and is...

Gaming has evolved into the world's favorite form of entertainment, edging out the likes of television, films and digital music, according to Oppenheimer Funds. This has relevance for multiple stakeholders such as game developers, gaming device manufacturers and chipmakers.  Among...

Gaming headset manufacturer Turtle Beach Corp (NASDAQ: HEAR) pre-announced its Q4 results Thursday that include above-consensus sales, adjusted EBITDA and EPS. The Analyst D.A. Davidson analyst Tom Forte reiterated a Buy rating on Turtle Beach and lowered the price target from $30 to $26...

Electronic Arts Inc. (NASDAQ: EA) continued to recover Friday after the firm reported a third-quarter sales miss and lowered its annual guidance earlier this week. While the performance led many investors to pause, one analyst stayed in the game. The Analyst  BMO Capital Markets analyst...

Take-Two Interactive Software, Inc (NASDAQ: TTWO), the company behind the popular Old West game "Red Dead Redemption 2," isn’t likely to ride off into the sunset, notwithstanding weakened guidance, according to sell-side analysts.  Take-Two shares bounced back somewhat...