Casinos & Hotels

Why Investing in Cruise Lines Finally May Be Safe Again

Posted: October 17, 2019 at 1:11 pm

Anytime the fears of a recession or economic slowdown come into play, leisure and travel stocks tend to get hit hard. The higher-ticket travel oufits, such as cruise lines, tend ...
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MGM Hits $5 Billion Jackpot From Vegas Casino Sales; More to Come?

Posted: October 16, 2019 at 11:35 am

MGM Resorts International (NYSE: MGM) late Tuesday announced the sale of Circus Circus Las Vegas property and the establishment of a joint venture with a subsidiary of Blackstone Group Inc. ...
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Will TSG and Flutter Get Lucky Creating the World’s Biggest Online Betting Site

Posted: October 2, 2019 at 11:25 am

The Stars Group Inc. (NASDAQ: TSG) shares exploded on Wednesday after the firm announced that it will be acquired by Flutter Entertainment in an all-share combination. This deal will form ...
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Is SeaWorld in Trouble After This CEO Departure?

Posted: September 17, 2019 at 1:25 pm

SeaWorld Entertainment Inc. (NYSE: SEAS) shares took a step back on Tuesday after the firm announced that there would be a big change in its executive leadership. Gustavo Antorcha has ...
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Are Peak Resorts Shareholders Getting Enough in the Buyout?

Posted: July 22, 2019 at 9:20 am

Peak Resorts Inc. (NASDAQ: SKIS) shares more than doubled early on Monday after the firm announced that Vail Resorts Inc. (NYSE: MTN) would acquire it. This is an all-cash transaction ...
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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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Fox Bets Big on Stars Group Partnership

Posted: June 1, 2019 at 9:31 am
Last updated: June 5, 2019 9:32 am

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 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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