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Wells Fargo Upgrades VICI After Acquisitions In Eldorado-Caesars Deal
Monday, July 1, 2019 - 1:01pm | 389Read More...VICI Properties, Inc. (NYSE: VICI)’s acquisition of three casino properties from Harrah’s and lease changes as part of a casino industry megadeal makes the real estate investment trust company a good play, Wells Fargo said Monday. The Analyst Wells Fargo’s Jeffrey Donnelly...
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Atlantic City Casino Workers Vote To Strike On July 1
Friday, June 17, 2016 - 2:43pm | 346Read More...Battered Atlantic City casino operators could have another major headache on the way in less than two weeks. Casino workers at four of the city’s remaining casino resorts have set July 1 as a negotiation deadline or they will go on strike. The casino workers’ union has said that workers...
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Rick Carter's Unlikely Rise To The Top Of The Gulf Coast Gaming Industry
Wednesday, July 8, 2015 - 4:07pm | 834Read More...Benzinga recently had the chance to sit down with Rick Carter, the co-founder of the Island View Casino Resort in Gulfport, Mississippi. Carter’s career as a business owner has taken lots of twists and turns, and he shared some of his biggest failures, his greatest challenges and the most...
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Top 10 U.S. Gambling Destinations
Wednesday, December 24, 2014 - 8:37am | 525Read More...Over the past few years, the world gaming market has been all about Macau, China, the world’s largest and fastest-growing gambling Mecca. However, as revenue in Macau has started to drop in 2014 for a number of reasons, the U.S. gambling market has become the focus of many investors....
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Caesars Cuts Atlantic City Losses; Shares Gain 5%
Friday, June 27, 2014 - 12:42pm | 151Read More...Caesars Entertainment (NASDAQ: CZR) shares gained nearly five percent Friday after the company said it will cut its losses on an Atlantic City property because of persistent declines in business levels. CEO Gary Loveman said revenue is off by more than $3 billion in Atlantic City since 2006, while...
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Harrah's Entertainment, Inc. Changes Name to Caesars Entertainment
Tuesday, November 23, 2010 - 9:11am | 35Read More...Harrah's Entertainment, Inc. has changed its name to Caesars Entertainment Corporation. The Harrah's name will continue to be one of the company's primary brands, along with Caesars, Horseshoe, Total Rewards and World Series of Poker.
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Harrah's IPO: High-Risk Investment
Monday, November 15, 2010 - 11:59am | 123Read More...Harrah's Entertainment is planning on going public this week despite financial troubles according to an article published by Barron's. Harrah's is planning on going public at $15-17 and selling 31.25 million shares. 2010 has been a bad year for IPO's from private-equity sponsors and institutional...
