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DraftKings Best Online Betting Stock to Own into Football Season, Says Analyst
DraftKings (NASDAQ: DKNG) is the best online betting stock to own into football season, according to an analyst that covers the company. In a note to clients today, Macquarie analyst Chad Beynon...
Atlantic City Casino Revenue Rises, Inflation Crumbles Operating Profits
The nine casinos in Atlantic City increased revenue during the second quarter of 2024 but the added funds weren't nearly enough to offset higher operating costs. The New Jersey Division of Gaming...
VEGAS MYTHS RE-BUSTED: The Strip Tried Appealing to Families and Failed
EDITOR’S NOTE:?“Vegas Myths Busted” publishes new entries every Monday, with a bonus Flashback Friday edition. Today’s entry in our ongoing series originally ran Feb. 17, 2023. In one of the Las Vegas...
Entain Shareholders Sue Over $760M Turkish Bribery Fine
A group of investors in UK-based online gambling giant Entain (OTC: GMVHF) have filed a class-action lawsuit that seeks compensation for damage done to the company’s share price by a bribery probe...
Genting NY Casino Bid Could Be Hindered by Las Vegas Controversy, Says CIMB
Genting Bhd’s effort to procure one of the three downstate casino licenses in New York could be damaged by potential regulatory discipline the operator faces in Nevada, according to CIMB Securities. Last...
Genting to Support Resorts World Las Vegas Under Almost All Circumstances, Says S&P
With Resorts World Las Vegas (RWLV) staring at what could be a hefty fine from Nevada regulators, owner Genting Bhd is likely to continue its financial support of its lone Strip property...
Venetian, Palazzo Hospitality Workers Announce First Tentative Contract
Hospitality workers at The Venetian and Palazzo in Las Vegas broke out in celebration Tuesday after word came they had achieved their first-ever union contract. Members of the Culinary Union applauded and...
Hard Rock Bet Rolls With Post Malone for Sports Betting Commercial
Hard Rock Bet, the retail and online sportsbook brand of Hard Rock casinos, rolled out its latest advertising campaign Monday morning titled "Roll With Us," featuring rapper Post Malone. Officials with Hard...
Nevada Unemployment Rate Remains Considerably Higher Than National Average
The unemployment rate in Nevada ticked upward to 5.4% in July, marking the second unemployment rate hike in a row. Nevada's Department of Employment, Training, and Rehabilitation (DETR) reports that the state's...
Atlantic City Casinos Report Slow Summer, No Gaming Fireworks in July
Atlantic City is a seasonal beach town where its nine casinos rely heavily on the traditionally busy summer months where New Jerseyans, New Yorkers, and Pennsylvanians flock down the shore. 2024 isn't...