casino

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Caesars Entertainment Inc. (NASDAQ: CZR) traded at a new 52-week high today of $114.60. Approximately 145,000 shares have changed hands...

Gaming technology company Golden Matrix Group Inc (OTC: GMGI) reports Q2 FY21 sales tripled to over $3 million from $1.05 million a year ago. Additionally, Golden Matrix has begun to roll out its aggregate gaming system with its first gaming operator in Asia-Pacific. Another 14 operators...

MGM Resorts International (NYSE: MGM) offered to acquire its BetMGM partner, Entain Plc (OTC: GMVHY), for consideration of £8.09 billion (roughly $11.06 billion), according to a Wall Street Journal publication. Entain has rejected the offer arguing that it...

Casinos should have a "huge year" in 2021, and the stocks will be up against very easy comparisons, CNBC's Jim Cramer said Monday on "Mad Money." What Happened: The U.S. joined a handful of other countries in beginning the distribution of a vaccine against the novel...

Penn National Gaming, Inc (NASDAQ: PENN) reported second-quarter results that look much different than the prior quarter when all 41 of its properties were closed, Penn National Gaming CEO Jay Snowden said on CNBC. From 41 Shutdowns To 2: During Penn's second quarter, all but two of the...

The vibrant city of Las Vegas came to a halt in March, and many wondered if it would look the same once it reopened.  It would be reasonable to assume that the era of packed casinos, crowded clubs and pools and people grabbing food shoulder-to-shoulder ate one of the many buffets in Vegas...

Casino workers are suing MGM Resorts International (NYSE: MGM) and Caesars Entertainment Corporation (NASDAQ: CZR), alleging failure to protect employees from the new coronavirus.  What Happened On Monday, the workers filed a lawsuit in the U.S. District Court in Las Vegas claiming that...

Blackstone Group Inc. (NYSE: BX), a private equity company, has purchased a 10% stake in Australia based casino operator Crown Resorts, leading to a sharp spike in Crown’s shares. What Happened Blackstone acquired the stake from Macau based Melco Resorts & Entertainment Ltd. (NASDAQ: MLCO...

MGM Resorts International (NYSE: MGM) will stop serving buffets at all its properties in Las Vegas. What Happened MGM Resorts announced that all 9 of its properties, including MGM Grand, The Mirage, Luxor, Bellagio, and others, would stop serving buffets to customers starting Sunday reported Fox...

Climbing out of this ditch is going to be an uphill battle. That’s the takeaway after a night when futures on the Dow Jones Industrial Average ($DJI) traded in a huge range of 1,000 points and struggled to find footing. Markets were all over the place overnight as people continue trying to...

Kien Huat Realty III Limited and Genting Malaysia Berhad is acquiring the remaining shares of Empire Resorts, Inc. (NASDAQ: NYNY) for $9.74 in cash per share of common stock,  The purchase price represents a premium of approximately 15% over the Aug. 16 closing price of Empire...

Caesars Entertainment Corporation (NASDAQ: CZR) is looking to sell itself for $13 per share, but billionaire investor and major shareholder Carl Icahn is willing to accept a lower offer, according to the New York Post. What Happened Caesars received an offer to sell itself to rival casino company...

Casino operator Wynn Resorts, Limited (NASDAQ: WYNN) withdrew its A$10 billion ($7.1 billion) offer to buy Australia's Crown Resorts (OTC: CWLDF) after merger discussions were leaked in media outlets, CNBC reported. What Happened Wynn Resorts was looking to buy Crown, which would give it...

Activist investor Carl Icahn and gaming operator Caesars Entertainment Corporation (NASDAQ: CZR) reached an agreement Friday on the composition of the casino operator's board of directors. What Happened Icahn confirmed a 9.8-percent stake in Caesars in February and demanded the...

Casino operator Caesars Entertainment Corporation (NASDAQ: CZR) responded Wednesday to activist investor Carl Icahn's demands for the company to explore strategic alternatives, including a potential sale of itself. Icahn's Stake Icahn confirmed prior media reports he controls a 9.8-percent...