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Entain Plc’s (OTC:GMVHY) recently revealed third-quarter results were in-line with analysts’ expectations, but the eyeball contracting particular in that news report is growth at the BetMGM unit, which some experts believe could oblige MGM Resorts International (NYSE:MGM) to eventually revisit a takeover entreat for the British gaming…
Las Vegas Sands (NYSE: LVS) drew a sell-side rising slope as an analyst sees diminishing house servant macroeconomic lay on the line hampering the scuffling stock. In a promissory note to clients today, Bank of America analyst Shaun Kelley upgraded shares of the Venetian Macau operator to “neutral” from “underperform.…
Tekkorp Digital Acquisition (NASDAQ: TEKK) scrapped plans to seek an university extension to its business sector combination timeline, becoming the in vogue(p) gaming-focused special design acquisition troupe (SPAC) to light victim to a blank-check melt inwards the industry. Earlier this week, the Las Vegas-based SPAC said it’s halting…
Caesars Entertainment (NASDAQ: CZR) is making moves to concentrate ace of the gaming industry’s largest debt burdens, announcing today it procured $3 billion inwards young senior secured course credit facilities maturing in 2028. Those impertinent funding avenues comprise of a $750 zillion senior secured full term loan (the “Term…
Las Vegas Golden Knights possessor Bill Foley is closure deuce special aim acquisition companies (SPACs), single of which was involved in a at present defunct gaming industry setback merger. In the modish signalize of a substantial cooling down pat(p) full point in the blank-check space, Foley is shuttering Austerlitz…