Casinos & Hotels

Why the Cuba Ban Impact Looks Overdone in Cruise Line Stocks

Posted: June 24, 2019 at 12:30 pm

Back in 2015, the Obama administration opened up travel to Cuba, although there were some stipulations that came along with it. Americans had to declare one of a dozen or ...
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Eldorado Rakes in Caesars for $17 Billion

Posted: June 24, 2019 at 8:20 am

In a deal that surprised no one, Eldorado Resorts Inc. (NYSEARCA: ERI) and Caesars Entertainment Corp. (NASDAQ: CZR) on Monday morning announced a definitive merger agreement under which Eldorado will ...
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What to Expect When Dave & Buster’s Reports After the Close

Posted: June 11, 2019 at 12:50 pm

Dave & Buster’s Entertainment Inc. (NASDAQ: PLAY) is scheduled to release its most recent quarterly results after the markets close on Tuesday. The consensus estimates are calling for $1.12 in ...
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Caesars, Eldorado Tie-Up Brings New Money to the Table

Posted: June 7, 2019 at 2:05 pm

On Thursday, The Wall Street Journal reported that Caesars Entertainment Corp. (NASDAQ: CZR) and Eldorado Resorts Inc. (NYSEARCA: ERI) are near an agreement that would see Eldorado acquire the larger ...
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Is SeaWorld on the Rise?

Posted: May 28, 2019 at 12:55 pm

SeaWorld Entertainment Inc. (NYSE: SEAS) shares jumped on Tuesday after the firm announced a series of share repurchases. Ultimately, this would lead to Hill Path Capital increasing its stake in ...
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Fox Bets Big on Stars Group Partnership

Posted: May 9, 2019 at 12:40 pm

Stars Group Inc. (NASDAQ: TSG) is pursuing a new partnership that includes joint development of a sports-gambling app with Fox Branding. Stars and Fox essentially signed a 25-year deal in ...
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Is Dave & Buster’s Q4 Proving a Return to Its Popularity?

Posted: April 3, 2019 at 12:30 pm

When Dave & Buster’s Entertainment Inc. (NASDAQ: PLAY) released its fiscal fourth-quarter financial results after the markets closed on Tuesday, the company said that it had $0.75 in earnings per ...
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Outlook Sinks Carnival Despite Q1 Earnings Beat

Posted: March 26, 2019 at 11:30 am

When Carnival Corp. (NYSE: CCL) released its fiscal first-quarter financial results before the markets opened on Tuesday, the cruise ship operator said that it had $0.49 in earnings per share ...
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March Madness Means Big Sports Betting: 4 Top Casino Stocks to Buy

Posted: March 25, 2019 at 8:00 am

If there is any time during the year where productivity in the workplace drops, it's during the annual NCAA Men's Basketball tournament. Almost everybody from teenagers to grandparents play in ...
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Why Goldman Sachs Is More Bullish on Carnival

Posted: March 13, 2019 at 12:15 pm

Carnival Corp. (NYSE: CCL) was featured in Wednesday's top analyst upgrades and downgrades as Goldman Sachs raised its rating on the shares to Buy from Neutral. While the $65 price ...
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Why Argus Sees IGT Shares Down Too Much and Too Fast

Posted: March 12, 2019 at 2:28 pm

Shares of International Game Technology PLC (NYSE: IGT) have sold off handily over the last week, but the independent research firm Argus belies the drop has been too far too ...
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How Carl Icahn and Friends Want to Boost the Shares of Caesars

Posted: February 19, 2019 at 2:59 pm

It's official: Carl Icahn wants a strategic review and an ultimate sale of Caesars Entertainment Corp. (NASDAQ: CZR). After reports were out the prior week about the activist investor and ...
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Stifel Out With Top Gaming and Leisure Picks for 2019

Posted: January 14, 2019 at 7:36 am

There is one good thing about an aging U.S. population for many top companies. While some are indeed working longer, tens of thousands of baby boomers hang it up for ...
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Gateway Casinos Adds More Underwriters to IPO

Posted: December 19, 2018 at 8:50 am

Gateway Casinos & Entertainment has registered an amended F-1 form with the U.S. Securities and Exchange Commission (SEC) in regards to its initial public offering. No pricing details were given ...
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Why Dave and Buster’s Is Wednesday’s Big Earnings Loser

Posted: December 12, 2018 at 10:45 am

When Dave & Buster’s Entertainment Inc. (NASDAQ: PLAY) released its fiscal third-quarter financial results after the markets closed on Tuesday, the company said that it had $0.30 in earnings per ...
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