Archive snapshot · Biz
Sat, Sep 26, 5:47 AM ET
MGM Resorts stock falls 10.4% after withdrawing People Inc takeover bid
The sharp drop in MGM shares came a day after Barry Diller reversed course, and the company is now reported to be weighing a fresh takeover bid for People Inc.
AD HOC NEWS · +1 outlets
Trump sold Caesars stake as Fertitta's $17.6B deal for the company closed
The disclosure marks the end of a presidential holding in a major US casino operator as Fertitta's leveraged buyout completed.
casino.com · +10 outlets
Massachusetts regulators to examine DraftKings' use of AI on bettors
The inquiry adds state-level scrutiny of how sportsbook operators deploy algorithmic tools to target or manage customers.
Startup Fortune · +14 outlets
Loto-Quebec Q1 revenue rises 2.1% to CA$782.6M ahead of Oct. 5 election
The provincial lottery and gaming operator's results land days before a Quebec election that could reshape gaming policy.
casino.com · +2 outlets
Britain's new 40% online casino duty criticized as a tax on harm, not revenue
UK operators face a sharply higher remote gaming duty, a material margin hit for the online casino sector.
thecanary.co · +5 outlets
Bloomberry projected to return to profit in 2027 on VIP and online growth
The Solaire operator's outlook hinges on an international VIP recovery and expansion of its online gaming arm.
iGamingToday.com · +6 outlets
Ontario sports betting handle falls 30% in August as casino segment surges
The monthly split shows online casino growth outpacing a declining sportsbook market in Canada's largest regulated province.
casino.com · +1 outlets
Ken Howell's sports betting online licence suspended over AML failings
The suspension is the latest in a string of enforcement actions tied to anti-money-laundering compliance failures at smaller operators.
casino.com · +5 outlets
Palmerbet faces enforcement action after self-excluded player kept betting
The Australian case centers on the failure of a self-exclusion system, a recurring compliance flashpoint for licensed bookmakers.
casino.com · +3 outlets
Rank Group seen as most exposed to a potential UK machine games duty rise
Deutsche Bank flags Rank as the listed operator most at risk if the UK raises taxes on gaming machines.
casino.com · +1 outlets
New Zealand sets out the requirements online casinos must meet for a licence
The rules put substance behind New Zealand's new regulated online casino licensing regime.
casino.com · +13 outlets
Wynn Resorts shares fall 1.55% as Macau concerns resurface
Renewed investor worries over the Macau market weighed on Wynn's stock.
AD HOC NEWS · +1 outlets
Star Entertainment in focus as ASX investors await FY26 numbers and online gaming growth
The Australian operator's results and digital expansion are being watched closely after years of regulatory and financial strain.
proactiveinvestors.com.au · +1 outlets
Melco Resorts shares hit a new 52-week low
The Macau-focused operator's shares continue to slide amid a soft market for Asian casino stocks.
MarketBeat · +4 outlets
Las Vegas Sands stock trades 44.9% below its 52-week high
The gap to the prior high illustrates how far Macau-levered casino shares have retreated.
AD HOC NEWS
VICI Properties shares hit 52-week low after EPS miss
The casino REIT's earnings shortfall weighed on a sector sensitive to interest rates.
AD HOC NEWS · +6 outlets
MGM Resorts downgraded by an analyst, shares gap down
A cluster of analyst actions on MGM followed the collapsed deal, with Bank of America initiating coverage and price targets moving in both directions.
MarketBeat
Scotiabank lowers Gaming and Leisure Properties price target to $43
The cut reflects a more cautious view on casino REIT valuations.
MarketBeat

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