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2023-08-17 07:33:44 ET More on MGM Resorts MGM Resorts earnings call transcript MGM Resorts: BetMGM First Half Result Adds To Rationale To Buy It Now MGM Resorts International: Value, Growth, Deleveraging, And Buybacks MGM Resorts points to Oakland A's, Formu...
2023-08-10 13:30:26 ET Entain Plc (GMVHF) Q2 2023 Earnings Conference Call August 10, 2023 04:00 AM ET Company Participants Jette Nygaard-Andersen - Chief Executive Officer Barry Gibson - Chairman Rob Wood - Chief Financial Officer & Deputy Chief Executive Of...
2023-08-08 22:05:37 ET PENN Entertainment ( NASDAQ: PENN ) broke sharply higher in postmarket trading on Tuesday after the company inked an exclusive deal with ESPN ( DIS ) and sold its Barstool property in sector-rattling deals . The deal will see PENN ( PEN...
2023-08-04 15:00:42 ET Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week, or the Seeking Alpha earnings calendar ...
2023-07-29 11:09:10 ET The casino and gaming sector has outperformed the broad market over the last 52 weeks, despite anxiety that ramped up early in 2023 over the impact on consumer discretionary spending of the high interest rate environment and volatile macroeconomic backdrop. Without an...
2023-07-28 18:25:07 ET Summary MGM Resorts International sports betting revenue has reached $994m for the first six months of this year and is headed toward $2b annually. The unit is expected to turn profitable before the end of the year. Investors now need to bake in sports b...
2023-07-28 10:41:18 ET Kindred Group ADRs ( OTC:KNDGF ) rose 3% amid takeover speculation. MGM Resorts ( MGM ) is speculated to be one of the companies that's looking at a potential acquisition of Swedish online gambling company Kindred ( OTC:KNDGF ), according to a Be...
2023-06-28 13:57:41 ET Summary Entain's share price has underperformed compared to its main peer Flutter Entertainment, and the company is trading at a considerable discount to the sum of its parts. Entain's 50% stake in BetMGM offers significant growth potential in the US online ...
2023-06-17 09:53:49 ET The sports betting sector was rattled during the week when powerhouse DraftKings ( NASDAQ: DKNG ) jumped in with a $195M offer to buy the U.S. assets of PointsBet ( OTCQX:PBTHF ) to mark a 30% premium to an earlier bid from Fanatics ( FANA ). I...
2023-06-16 12:05:52 ET Entain plc ( OTCPK:GMVHF ) ADRs rose 2% after shareholder Eminence Capital called the sports betting company's recent plan to fund its acquisition of STS Holdings with an equity sale is "illogical." Eminence Capital, which has a 2.1% stake in Entain and ha...
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(Roberto Cortese/Unsplash) This week on Wall Street, investors will be anxiously awaiting the Fed Reserve’s meeting next week where the first increase in interest ra...