casino stocks

PENN Entertainment (NASDAQ:PENN) received a Wall Street upgrade Friday on a positive outlook for both its casino and sports betting segments. The PENN Analyst: JPMorgan analyst Joseph Greff upgraded shares of Penn from Neutral to Overweight and raised the price target from $19 to $27. Read Also:...

PENN Entertainment (NASDAQ:PENN) analysts highlight the ESPN Bet and Interactive segment as items to watch after the company missed third-quarter estimates for revenue and earnings per share. The PENN Analysts: Needham analyst Bernie McTernan reiterated a Buy rating on Penn Entertainment with a...

The stock market indexes have enjoyed record highs in recent years with the S&P 500 outperforming other years with President Joe Biden leading the country for the last nearly four years. Not all stocks went up with Biden in office and investors may want to take a look back at the...

Las Vegas Sands Corp (NYSE:LVS) receives praise from analysts for its strong position in Macau and the recovery of the region after missing third-quarter earnings per share and revenue estimates. The Las Vegas Sands Analysts: Morgan Stanley analyst Stephen Grambling maintained an Overweight...

The outlook for growth in 2024 for casino companies could be one key area to watch in the gaming space along with a favorable backdrop for online sports betting companies, an analyst said. What Happened: JMP Securities analyst Jordan Bender shared the takeaways from the Global Gaming Expo in a new...

Horse racetrack owner Churchill Downs Inc (NASDAQ:CHDN) gets an upgrade from an analyst ahead of the opening of a new gaming resort in Northern Virginia and its ownership of the Kentucky Derby race. The Churchill Downs Analyst: Bank of America analyst Shaun C. Kelley upgraded Churchill Downs stock...

Less than a month after a report that Boyd Gaming (NYSE:BYD) was considering a buyout of casino and sports betting operator Penn Entertainment (NASDAQ:PENN), a new bidder has emerged. What Happened: FanDuel’s parent company, Flutter Entertainment (NYSE:FLUT), is considering teaming up with...

Shares of PENN Entertainment (NASDAQ:PENN) traded higher on Thursday with a report linking the company to an acquisition that could change the casino sector. What Happened: Penn Entertainment has been approached by Boyd Gaming (NYSE:BYD) according to a new report from Reuters. The report comes as...

Casino and sports betting company PENN Entertainment (NASDAQ:PENN) reported first-quarter financial results that came in lower than analysts' estimates. Here's what analysts are saying after the report. Needham analyst Bernie McTernan has a Buy rating and lowers the price target from $32 to $26....

Analysts upgraded sports betting and casino operator PENN Entertainment (NASDAQ:PENN) based on the valuation of sportsbook ESPN Bet. The PENN Analyst: Truist analyst Barry Jonas upgrades Penn Entertainment from Hold to Buy and has a price target of $23. The Analyst Takeaways: Penn Entertainment...

Casino and sports betting company PENN Entertainment Inc (NASDAQ:PENN) reported fourth-quarter financial results before market open Thursday. Here's a look at what analysts are saying after the report and the future growth of ESPN Bet. The Penn Analysts: Macquarie analyst Chad Beynon had an...

Casino and sports betting company PENN Entertainment (NASDAQ:PENN) reported fourth-quarter financial results Thursday before the market open. Here are the key highlights, including the early impact of ESPN Bet. What Happened: Penn reported fourth-quarter revenue of $1.4 billion, which missed a...

Casino and resort operator MGM Resorts International (NYSE:MGM) reported fourth-quarter financial results after the market close Tuesday. Here are the key highlights. What Happened: MGM Resorts reported fourth-quarter revenue of $4.38 billion, which was up 22% year-over-year. The revenue total beat...

Super Bowl LVIII will cost companies around $7 million for 30-second TV commercials. That’s a 185x jump from the original cost of $37,500 for an ad-spot during Super Bowl I in 1967m according to Bank of America chief strategist Michael Hartnett. To highlight how significant this price...

NBA team owner and entrepreneur Mark Cuban surprised many people when it was announced in November that he would be selling majority control of the Dallas Mavericks. The NBA has approved the sale. Here's what things look like moving forward. What Happened: Cuban, who has owned the Mavericks since...