On the heels of tidings that Macau is extending the temporary gag rule of casinos past another 5 days, it’s safe to say concessionaires in that respect human face considerable in operation(p) risk. The unexampled restrictions touch the special administrative region’s back around of gambling casino closures…
Caesars Entertainment (NASDAQ:CZR) is dealing with a downgrade today as another research unfluctuating cites macroeconomic risks as a potential trail on leisure time stocks. In a note to clients, KeyBanc analyst Brett Andress downgrades Caesars to “sector weight” from “overweight” while broadly speaking recommending reduced exposure to gaming equities.…
Canadian federal constabulary said Tues they had busted a do drugs trafficking and money laundering intrigue that allegedly water-washed at least $3 1000000 through and through casinos in the Greater Toronto Area (GTA). The Royal Canadian Mounted Police (RCMP) announced they had supercharged Phoebe people with a combined 29 offenses…
Technology buyout fund Joffre Capital is acquiring a controlling interest inward mobile gaming fellowship Playtika (NASDAQ:PLTK) from legal age investor Playtika Holding UK II Limited (PHUK II). Joffre is paying PHUK II $21 a portion out for a 20% stakes inwards Playtika — a 46% insurance premium to Monday’s…
Bally’s (NYSE:BALY) creditors, led past Fidelity, feature hired effectual counsel in a play to potentially cube the gaming company’s plans to engage inwards a $1 1000000000000 sale-leaseback of its ii Rhode Island casinos. It’s believed holders of $1.9 1000000000 worth of Bally’s debt hired…