Casinos & Hotels
Online sports betting firm DraftKings has priced a follow-on stock offering at $52, a discount of more than 8% to the stock's closing price on Tuesday.
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DraftKings Inc. (NASDAQ: DKNG) shares slid on Monday after it was announced that the online gaming firm would be conducting a secondary offering. Now seems to be as good a time as any, considering...
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Many companies are punished when they announce secondary stock offerings after their shares already have surged. Penn National Gaming recently closed on its public secondary offering.
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As more states loosen gambling restrictions, Argus expects DraftKings to benefit from its market leadership.
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Yet, despite a shutdown over the pandemic, one firm has decided to upgrade the major cruise lines, even without them generating a penny of revenues yet.
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Scientific Games was one of Monday’s big winners after the company announced that it had reached an agreement with a credentialed gaming industry investor to buy a significant stake in the company.
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NBA Hall of Fame inductee Michael Jordan will be joining DraftKings as a special advisor to the board of directors.
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COVID-19 has wreaked absolute havoc on many industries but hotels seem to be getting some of the worst of it. A new national report from Trepp, a data analytics firm, the demonstrated that the hotel...
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DraftKings shares retreated after it reported second-quarter financial results before the markets opened on Friday.
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Royal Caribbean Cruises reported mixed quarterly results before the markets opened on Monday, but shares traded higher.
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Cruise operator Norwegian Cruise Line reported worse than expected second-quarter results Thursday morning. An industry group has further pushed out new sailings, making matters even worse for the...
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dMY Technology Group is bringing the online casino and sports wagering firm Rush Street Interactive public, joining the list of online gaming stocks.
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Cruise ship operator Carnival announced plans on Friday to remove nine more ships from its fleet, bringing the total number of ships taken out of service to 13 since last year.
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Cruise ship stocks posted a late gain on Wednesday but gave most of it back on Thursday. The industry continues to search for a way to get back out to sea.
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News that Landcadia Holdings II aims to acquire Golden Nugget Online Gaming had its shares jumping to start out the week.
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