Casino operator Penn National has agreed to acquire rival Pinnacle Entertainment for $2.8 billion, including debt. The acquisition will lift Penn's total properties by 16 to 41 when the deal closes.
Five outstanding stocks for investors to add to portfolios for a gaming and lodging presence: BYD, PNK, ERI, RRR, MGM.
With bullish prospects for the crucial Las Vegas market, and positive outlooks on other markets around the country, the prospects for the gaming sector look good going forward.
Shares of publicly traded hotel companies fell following the deadly shooting in Las Vegas that left 59 people dead and about 500 injured.
The cruise industry seems to just keep growing and growing over time. Meanwhile, the hotel industry has enjoyed its waves of annual growth and is now facing challenges from the sharing economy where anyone…
One ticket. One very rich persons. Someone n California holds the Powerball ticket worth $447.8 million. The numbers on the ticket are 20, 26, 32, 38, 58. The Powerball is 3. The LA Times…
Many analysts have taken away their negative ratings over the past few months, but now Wynn Resorts has a new street-high analyst target from Argus.
Despite recovering handily from the lows of 2015 and early 2016, shares of Wynn Resorts remain only about half of their peak value from back in 2014. Now Wynn has a new street-high analyst…
Practically all the analysts covering Carnival hiked their price targets after its earnings report on Tuesday.
Royal Caribbean Cruises Ltd. (NYSE: RCL) released its fourth-quarter earnings report before the markets opened on Thursday. The company said that it had $1.23 in earninngs per share (EPS) and $1.91 billion in revenue,…
ClubCorp has confirmed the potential sale rumors, announcing that its board of directors has established a strategic review committee to evaluating alternatives in an effort to further enhance shareholder value.
Janney Capital believes these hotels are attractive in the later stages of the lodging cycle, given their high margins, consistent cash flows and potential for revenue per available room outperformance.
Two cruise line operators recently announced Cuban government approval to begin trips to the island nation, but they all say that the initial benefit from opening up travel to Cuba is likely to be…
The Wall Street Journal reported this week that the lower house of Japan's Parliament passed a bill opening the way for casinos and sent it to the upper house for review.
Who runs Trump's empire if he wins the presidency? There are three options, according to expert analysis or media reporting.
