International Game Technology (NYSE:IGT) has amended its term loan facility, a move that will save the gaming supplier $65 million a year. A gambler plays an IGT slot machine in Atlantic City. The company is refinancing debt resulting in big interest savings.
Bally’s (NYSE:BALY) stock is soaring Monday after the casino operator lifted its second-quarter revenue estimate ahead of Wall Street consensus. Bally’s on the Atlantic City Boardwalk. The stock rallied Monday after the company boosted Q2 sales guidance. (Image: Getty Images) The Rhode
Morgan Stanley strategists recently updated their semiannual lists of secular growth stocks, with online sports betting juggernaut DraftKings (NASDAQ:DKNG) making the cut. DraftKings advertised at the Nasdaq market site. Morgan Stanley calls the stock a secular growth story. (Image: Nasdaq) The bank
Casino landlord MGM Growth Properties (NYSE:MGP) is among the travel and leisure-related stocks that are currently inexpensive. The Luxor Las Vegas, owned by MGM Growth Properties. Analysts are bullish on the stock. (Image: Fox5 Vegas) That according to this week’s Barron’s cover
Boyd Gaming (NYSE:BYD) reports second-quarter results next Tuesday and the company could be among the mid- and small-cap firms that top estimates for the April through June period. Boyd Gaming’s Orleans Las Vegas. The company could beat Q2 earnings next week. (Image:
An anti-smoking consultant is urging Shreveport casinos to use aggressive marketing to attract customers wanting to gamble in a smoke-free environment. A ban on smoking at casinos in this Northwest Louisiana city is set to begin Aug. 1 A person at a
Shares of Las Vegas Sands (NYSE:LVS) are sagging Thursday, probing the lowest levels since February. That’s after the gaming company released disappointing second-quarter results late Wednesday. Las Vegas Sands’ Marina Bay Sands in Singapore. Weakness in Asian markets is weighing on the
While just 15 states and Washington, DC currently permit online sports betting (OSB), the runway for growth is lengthy, notes ARK Investment Management. ARK Investment Management founder Cathie Wood. Her firm estimates sports betting handle will swell to $180 billion by 2025.
Aztec Inn Casino is among the properties north of the Las Vegas Strip that are now for sale. The price for the total 7.23-acre package is $60 million and foreign firms have shown initial interest in the deal, according to a published
Former standout NFL running back Marshawn Lynch, known as Beast Mode, has opened an apparel store in the Mandalay Bay Resort and Casino on the Las Vegas Strip. The Oakland Raiders’ Marshawn Lynch stiff arms Derwin James of the Los Angeles Chargers