Online Poker Giant Makes Sports Betting Gamble With $4.7 Billion Deal

Online poker giant Stars Group wagered big, agreeing to pay $4.7 billion for Sky Betting & Gaming. The post Online Poker Giant Makes Sports Betting Gamble With $4.7 Billion Deal appeared first on

Wynn Resorts Stock Is 2nd Casino Giant To Enter Buy Zone, But This Is Lacking

Wynn Resorts moved into buy range while Las Vegas Sands stock jumped Wednesday. Morgan Stanley made bullish comments on both Macau-heavy casino stocks. The post Wynn Resorts Stock Is 2nd Casino Giant

MGM Resorts International May Bet Big On Bid For Wynn Resorts

Wynn Resorts stock was active Friday amid reports MGM Resorts International is preparing a bid for its rival casino giant. The post MGM Resorts International May Bet Big On Bid For Wynn Resorts

Strong Macau Gaming Revenue Fails To Lift Casino Stocks, But These 2 Are Near Buy Points

Macau gaming revenue growth was strong in March, but casino stocks such as Las Vegas Sands and MGM Resorts still fell modestly. But Wynn Resorts and Melco Resorts & Entertainment remain close to

Wynn Resorts Up As Steve Wynn Cashes Out, Macau Player Antes Up

Steve Wynn will sell his remaining stake in Wynn Resorts after his exit over sexual misconduct allegations. A large casino operator in Asia will take a big stake.

Wynn Resorts May Soon Face This No-Wynn Situation

A filing Thursday with the Securities and Exchanges Commission reveals that Steve Wynn may sell some or all of his stake in the namesake casino operator.

Macau Gaming Revenue Growth Light; Wynn, Sands, Other Casino Giants Near Key Support

Gaming sales in Macau, the world's biggest market for the industry, rose 5.7% in February, missing expectations.

MGM Resorts, Boyd Gaming Miss Earnings Forecasts

MGM Resorts reported bottom line numbers early Tuesday that came up short of expectations. Boyd Gaming missed on earnings and revenue after the closing bell.

Macau Gaming Revenue Soars Most Since 2014; Casino Stocks Rally, Even This One

Macau gaming revenue surged 36% in January, lifting shares of big casino operators like Las Vegas Sands, Melco Resorts & Entertainment and Wynn Resorts.

Could Wynn Resorts Be Sold In Wake Of CEO's Sexual-Misconduct Allegations?

Shares of Wynn Resorts continued to dive on Monday following sexual-misconduct allegations last week against CEO Steve Wynn.

Wynn Dives As CEO Faces Sexual Misconduct Claims; Mass. Eyes Action

Shares of Wynn Resorts are falling in the wake of a Wall Street Journal report detailing allegations of sexual misconduct against the casino company's CEO, Steve Wynn.

Stocks Hit Highs As Netflix Soars On Subscribers, United Sinks Airlines, Biotech M&A Heats Up: Weekly Review

Stocks rallied to new highs. Netflix soared on earnings. Intel did well, but not all chips. United's expansion plan fare war fears. Apple and iPhone plays fell.

NBA Backs Nationwide Sports Betting — For This Price

The NBA is backing a state-by-state solution that would pave the way for nationwide sports betting.

Ford Mixed, Las Vegas Sands Beats, United Rental Profit Meets

Ford missed profit forecasts but beat on revenue late Wednesday, Las Vegas Sands topped estimates, and United Rentals matched earnings views.

Wynn Resorts Earnings Nearly Triple On Strong Macau Revenue

Wynn Resorts reported fourth-quarter earnings and sales that topped Wall Street forecasts, lifted by strong Macau results. Wynn and rival casino giants rallied.

S&P 500 Hits High, Apple Brings Back Cash, GE Mulls Split, ASML Leads Chip Rally: Weekly Review

Stocks rose modestly during the week as chip-gear makers and health insurers jumped. General Electric is mulling a breakup, while Apple is investing in the U.S.

Wynn, Sands, Other Casino Stocks Soar On Bullish Macau Gambling Forecast

Gambling revenue growth in Macau could have its best month since July, according to an analyst report, sending Las Vegas Sands and other casino stocks higher.

S&P 500 Soars, Intel Flawed, Tesla Stalled, Bitcoin Climbs: Weekly Review

Stocks soared to start 2018. Chips rallied even as Intel dove on a security flaw. Tesla production woes continued. Auto stocks rose despite weak December sales.

Casinos Hit By 'Luck Factor' As The House Doesn't Always Win

Wynn Resorts, Las Vegas Sands and Melco Crown are sliding Tuesday after Macau gaming revenue for the month of December unexpectedly fell short of estimates.

These 2 Stocks Reclaimed Buy Points; 3 Others Are Close

Sometimes a stock will break out but struggle to hold the buy point. Verizon and Delta Air Lines reclaimed entries Monday. Netflix, Citigroup, and MGM Resorts aren't far off.