Casinos & Hotels

Why Investing in Cruise Lines Finally May Be Safe Again

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?

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

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?

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?

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

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

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

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

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

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?

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

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?

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

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

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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