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Abandoned Houston entertainment venue Magic Island will come alive this summer with ‘private gambling’ table games

March 18, 2024 - After the Astrodome, Magic Island may be Houston’s second-most famous abandoned entertainment venue. The club, shuttered for 10 years, will finally reopen this summer. Many Houstonians will be happy that... Read more »

Wall Street Bets: Analyst take on Bally’s, US gaming trends, Golden Entertainment, Macau

March 18, 2024 - Standard General/Bally’s Jefferies’ David Katz March 18 reviewed Standard General’s offer to acquire Bally’s. “The terms of the latest proposal include purchasing all outstanding shares of Bally’s for $15 (below... Read more »

Analyst: Golden Entertainment “back to the basics”

March 17, 2024 - On Friday, Truist Securities initiated stock coverage of Golden Entertainment. Dubbing the company the “Silver State Warriors,” analyst Barry Jonas placed a “Buy” rating on GDEN shares with a price... Read more »

Caesars Entertainment extends U.S. partnership with NHL

March 7, 2024 - Caesars Entertainment is renewing its relationship with the coolest sport on ice. The operator today announced a multi-year extension of its U.S. partnership with the National Hockey League. Caesars will... Read more »

Wall Street Bets: Everi/IGT, Melco, Boyd Gaming Golden Entertainment

March 4, 2024 - Everi/IGT The Feb. 29 announcement of Everi Holding’s merger with two International Game Technology units drew keen interest from analysts. “We’re positive on the longer term IGT/Everi merger opportunity, but think... Read more »

Golden Entertainment: No benefit from F1 at Strat, but $1 million in room revenue from Super Bowl

February 29, 2024 - Reporting that it didn’t benefit from the Formula 1 race in November, Golden Entertainment experienced a $49 million decline in fourth-quarter revenue, a net loss of $9.4 million and adjusted... Read more »

Accel Entertainment posts higher earnings, revenue in fourth quarter

February 29, 2024 - Video-gaming-terminal provider Accel Entertainment widened its operation and cut its debt in 2023 and posted increases in fourth-quarter earnings and revenue. In an 8-K filing Wednesday with the Securities and... Read more »

Philip Crawford is on a one-man crusade against Star Entertainment

February 23, 2024 - Eight years and an independent investigation later, Star doesn’t have a licence to run its Sydney casino. And little has been done to convince Crawford, now running the renamed Independent... Read more »

SkyCity Entertainment Group reports $66.5 million first-half profit and new CEO

February 21, 2024 - Listed Australasian casino giant SkyCity Entertainment Group’s underlying profit dropped 8.5 per cent in its latest half-year and appointed Callum Mallett its interim chief executive when Michael Ahearne leaves next... Read more »

Kambi, Penn Entertainment, extend retail sportsbook agreement

February 20, 2024 - Kambi and Penn Entertainment Tuesday announced the extension of the term of their retail sportsbook platform agreement to December 31, 2025. The renewal supersedes a previous agreement set to expire... Read more »