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Macau Casino Chief Bullish On Chinese New Year; Gaming Stock Earnings Due

The CEO of Melco Resorts & Entertainment has said its Macau properties are already sold out for the looming Chinese New Year as he played down concerns about the casino... Read More The post Macau

What Investors Should Know About the Major Upheaval in the Gambling Industry

Changes to sports betting laws are shifting the ground beneath American gambling. Investors won’t want to get caught unaware.

Here's Why The DOJ Has An 'Uphill Battle' To Defend New Online Gambling Stance

The Department Of Justice could struggle to defend a new opinion that threatens the legality of online gambling, an analyst has said. The post Here's Why The DOJ Has An 'Uphill Battle' To Defend New

Stock Market Rally Extends On Fed Chairman Powell, Jobs; Apple, Tesla, Delta Disappoint; Bristol-Myers Buys Celgene: Weekly Review

Weekly Review: Stocks rose on a flexible Fed Chairman Powell and strong jobs report. That offset Delta Air and Apple warnings. Tesla deliveries disappointed. Bristol-Myers will buy Celgene. The post

Gaming Stocks Get Boost From Macau, But This Risk Looms

Gaming stocks Wynn Resorts, Las Vegas Sands, MGM Resorts and Melco Resorts & Entertainment got a boost after Macau gaming revenue came in above views. The post Gaming Stocks Get Boost From Macau,

Gone With The Wynn: Melco Earnings Miss After Wynn Warning On Macau, VIP Gambling

Melco earnings missed on a weak Macau after Wynn Resorts warned on Macau and high-end gamblers in key markets. Wynn, Melco and, other casino stocks fell. The post Gone With The Wynn: Melco Earnings

Casino Stocks Jump On China Hopes, Market Hails Caesars

Casino stocks surged Thursday after hints of economic stimulus from China raised hopes for a rebound in gambling mecca Macau, which saw revenue growth slump last month. The post Casino Stocks Jump On

Las Vegas Sands Misses As U.S. Casinos Weaken; Dividend Hiked

Las Vegas Sands earnings and revenue fell short Wall Street estimates, as U.S. and Singapore revenue fell, but the casino giant raised its dividend. The post Las Vegas Sands Misses As U.S. Casinos

Caesars Entertainment Falls On Report It'll Reject Buyout From Golden Nugget Owner

Casino stock Caesars Entertainment fell on reports that it'll reject a takeover bid from Golden Nugget owner Tilman Fertitta. The post Caesars Entertainment Falls On Report It'll Reject Buyout From

Caesars Stock Soars On Report Billion Dollar Buyer Wants Merger

Caesars Entertainment stock exploded on news that Billion Dollar Buyer star Tilman Fertitta has approached the company with a merger proposal. The post Caesars Stock Soars On Report Billion Dollar

These Casino Stocks Take Knee As NFL Asks Congress For Sports Betting Law

Casino stocks fell after the NFL called for federal legislation to regulate sports betting after the Supreme Court struck down a law that made it illegal. The post These Casino Stocks Take Knee As NFL

MGM Could Be Forced To Exit Huge Market As Hedge Fund Places $500 Million Bet

MGM Resorts stock rose on news Starboard Value has built a $500 million stake. The activist investor could try to force MGM Resorts to sell its Macau casinos. The post MGM Could Be Forced To Exit Huge

A Losing Proposition? Casino Stocks Fall Over Macau Slowdown Fears

Casino stocks Wynn Resorts, Las Vegas Sands, MGM Resorts and Melco Resorts & Entertainment fell on fears Macau could be hit by China's economic slowdown. The post A Losing Proposition? Casino

Can The Raiders Lift A Pricier Sin City Past Floyd Mayweather's Sucker Punch?

As Sin City changes, analysts are split on how casinos will recover from their hangover after last year's Mayweather-McGregor mega fight. The post Can The Raiders Lift A Pricier Sin City Past Floyd

This Casino Stock Ups Sports Betting Ante As U.K. Bookie Eyes Big U.S. Expansion

U.K. bookmaker William Hill is planning a major U.S. expansion after rival Paddy Power announced a sports betting partnership with Boyd Gaming. The post This Casino Stock Ups Sports Betting Ante As

Why Sin City Casinos Are Having A Come-To-Jesus Moment

MGM Resorts became the latest gambling giant to warn of waning demand at Las Vegas casinos, joining peers Wynn, Las Vegas Sands and Caesars. The post Why Sin City Casinos Are Having A Come-To-Jesus

Casino Stocks Bust On Caesars Entertainment Guidance, Big Wynn Miss, Macau Revenue

Casino stocks plunged as Caesars Entertainment gave weak guidance and Chinese gambling mecca Macau revenue came in light again. Wynn Resorts earnings missed badly after the close. The post Casino

This Casino Stock Has Become First Sports-Betting Partner Of A Major League

The NBA announced that MGM Resorts International will be the league's first official gaming partner, marking the first such deal with a U.S. pro-sports league. The post This Casino Stock Has Become

This Casino Giant Aims To Be 'Instant Leader' In Sports Betting With Big Deal

MGM Resorts International has become the latest casino stock to bet big on sports betting after entering a partnership with UK gaming giant GVC Holdings. The post This Casino Giant Aims To Be 'Instant

Facebook, Google, Amazon, Intel, Twitter Headline Huge Earnings Week: Weekly Review

Facebook and Twitter were among the many top stocks selling off in a huge week for earnings. Intel broke down. Google parent Alphabet and Chipotle rallied on earnings while Amazon edged higher. The