4507 stories by Todd Shriber
Rush Street Interactive Probably Not Near-Term Takeover Target, Says Analyst
High-flying Rush Street Interactive (NYSE: RSI) probably won’t command $1.5 billion in a takeover offer over the near term. That’s the take of Susquehanna analyst Joseph Stauff who, in a new report to clients on Monday, downgraded shares of the online sportsbook...
Golden Entertainment Joins List of Casino Dividend Payers
Golden Entertainment (NASDAQ: GDEN) is now among the group casino operators paying investors a quarterly dividend. In conjunction with its fourth-quarter earnings report on Thursday, the Strat operator announced that it initiated a quarterly dividend of 25 cents a share. The distribution...
Long Island Casino Spat Intensifies as Blakeman Hits Hofstra with Collusion Claims
The divide between supporters of a Long Island casino plan and opposition groups, including Hofstra University, widened this week as Nassau County Executive Bruce Blakeman (R) continued to claim the college is colluding with a group angling for a Queens casino permit...
Boyd Gaming Boosts Quarterly Dividend 6 Percent
Boyd Gaming (NYSE: BYD) announced Thursday that it's increasing its quarterly dividend by 6.3%, rising to 17 cents a share from 16 cents. The payout hike implies a forward dividend yield of 1.06%, up from the current level of 0.99%, based on...
IGT Global Gaming, PlayDigital Combining with Everi in $6.2B Deal
International Game Technology (NYSE: IGT) announced a long-awaited move for its global gaming and PlayDigital units, telling investors Thursday that those businesses will merge with Everi (NYSE: EVRI) in a $6.2 billion deal. Under the terms of the transaction, IGT investors will...
Melco Resorts One of 10 Best Stocks Under $10, Says Morningstar
For less than the price of a Big Mac in some parts of the U.S., an investor can acquire two shares of Melco Resorts & Entertainment (NASDAQ: MLCO). That's to say, by price tag, the casino operator is cheap. So cheap that...
Wynn Resorts Stock Has Look of Value Play, Says JPMorgan Analyst
Shares of Wynn Resorts (NASDAQ: WYNN) are higher by 12.8% year to date, an advantage of more than 600 basis points over the S&P 500. But that doesn’t mean the gaming stock lacks value traits. In fact, at least one analyst views...
Light & Wonder Good News Mostly Priced In, Say Analysts
Late Tuesday, gaming device manufacturer Light &Wonder (NASDAQ: LNW) delivered solid fourth-quarter results. But some analysts believe most of the good news is already factored into the shares. With the stock up 17.4% year-to-date and 57.5% over the past 12 months, it’s...
DraftKings’ Q1 Boosted by Super Bowl Parlays, Prop Bets, Says Analyst
Most sportsbook operators were pinched by the Super Bowl because the underdog Kansas City Chiefs won outright. But DraftKings’ (NASDAQ: DKNG) first-quarter earnings might prove sturdy due to the operator winning on parlays and some popular proposition wagers. Following a meeting with...
Century Casinos Stock Rebound Could Take Time to Materialize
It could take a while for Century Casinos (NASDAQ: CNTY) to reclaim lost glory but the sell-off that’s seen the stock shed more than two-thirds of its value over the past year is too punitive. That’s the take of Stifel analyst Jeffrey...
