Barry Diller withdraws MGM Resorts takeover bid; MGM shares fall 10.4%
The withdrawal ended a short-lived approach that had not offered a majority stake, sending MGM shares sharply lower.
Financial-News.co.uk · +2 outlets
Fertitta's $17.6B Caesars deal closes, Trump sells stake in the company
The completed transaction hands Caesars Entertainment to Tilman Fertitta's group and ends a presidential holding in the casino operator.
Casino.com · +13 outlets
Massachusetts regulators open review of DraftKings' use of AI on bettors
The inquiry examines how the operator applies AI tools to customer interactions, an early test of state oversight of gambling algorithms.
Startup Fortune · +5 outlets
MGM Resorts shares gap down after analyst downgrade and cuts to price targets
Multiple analysts revised MGM views, with Susquehanna lowering its target to $46 while Capital One raised its own to $57.
MarketBeat · +5 outlets
VICI Properties hits 52-week low after analyst downgrade and EPS miss
The casino REIT's earnings shortfall and a downgrade pushed the shares to a yearly low, weighing on gaming landlords broadly.
AD HOC NEWS · +3 outlets
AMD data center revenue jumps 107% to $6.7B as Arm competition builds
The AI-driven surge in AMD's data center business underscores intensifying competition in server chips.
tech-insider.org
Flutter Entertainment sets new 1-year low
Shares of the FanDuel parent slid to a fresh 52-week low amid weak sentiment toward the online gambling sector.
MarketBeat · +14 outlets
Intel shares rally 12% after Q3 outlook tops estimates on strongest Q2 growth in 15 years
The upbeat guidance marks a sharp turnaround in sentiment for the struggling chipmaker.
Stocktwits · +13 outlets
Melco Resorts shares hit a new 52-week low
The Macau operator's stock touched a yearly low as investors weighed soft conditions in the world's largest gaming hub.
MarketBeat · +5 outlets
Booking Holdings shares climb after Q4 beat, stock split and $700M AI push
The travel platform paired solid results with a split and expanded AI spending, drawing bullish trader reaction.
Stocktwits · +1 outlets
Microsoft rises premarket ahead of Q4 results, with capex and Azure growth in focus
Investors are watching cloud growth and capital spending as the AI infrastructure race continues.
Stocktwits · +14 outlets
Loto-Quebec reports Q1 revenue up 2.1% ahead of provincial election
The provincial monopoly posted modest growth as a looming election puts gambling policy in Quebec under scrutiny.
Casino.org · +2 outlets
Churchill Downs shares hit a new 1-year low
The racetrack and casino operator's stock fell to a yearly low, reflecting pressure on regional gaming and racing valuations.
MarketBeat · +14 outlets
Rush Street Interactive's Market Outperform rating reiterated at Citizens JMP
The analyst maintained a bullish view on the online casino and sportsbook operator amid a mixed stretch for sector stocks.
MarketBeat · +3 outlets
Bragg Gaming shares fall 1.96% on revenue weakness and restructuring
The iGaming content supplier faces soft revenue and guidance uncertainty as it restructures operations.
kalkine.ca
Hims & Hers slides as Amazon escalates GLP-1 competition with Ozempic offering
The telehealth company faces growing pressure from Amazon's entry into weight-loss drug delivery.
Stocktwits · +1 outlets
State Street and other institutions add casino and REIT shares in new filings
Quarterly 13F-style disclosures showed State Street buying Las Vegas Sands, Wynn, MGM and GLPI shares, with Andra AP fonden also adding GLPI.
MarketBeat
Darden Restaurants shares fall on weaker quarterly results as Olive Garden slows
The Olive Garden parent reported lower profit and softening same-store trends.
UA.NEWS