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Wynn Selling $800M in Debt to Pay DOJ Fine, Redeem 2025 Bonds
Wynn Resorts (NASDAQ:WYNN) today announced that it sold $800 million worth of corporate debt in a private offering to redeem bonds maturing in 2025 and to pay a fine of $130.13 million recently levied by the Department of Justice (DOJ)....
Todd Shriber
— September 10, 2024
Las Vegas Sands to Modestly Increase Sands China Stake
Todd Shriber
— September 10, 2024
Penn CEO Jay Snowden Buys $1M Worth of Company Stock
Todd Shriber
— September 9, 2024
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Wynn Las Vegas Strikes $130M DOJ Settlement, Largest Fine Ever for a US Casino
The Department of Justice (DOJ) and Wynn Resorts (NASDAQ: WYNN) announced late Friday that the gaming company’s Wynn Las Vegas unit agreed to forfeit...
Todd Shriber
— September 6, 2024
Red Rock Has Margin Durability, Says Analyst
Red Rock Resorts (NASDAQ: RRR) has structural tailwinds that bode well for the casino operator’s margin durability -- something at least one analyst believes...
Todd Shriber
— September 5, 2024
Casino Operators Face Limited Near-Term Debt Maturities
Todd Shriber
— September 4, 2024
Kambi Refutes Rumor of Potential Takeover by Genius Sports
Todd Shriber
— September 4, 2024
Sphere Production Costs, Scalability Issues Prompt Sell Rating
Todd Shriber
— September 4, 2024
Star Entertainment in Disarray, Begs for Bailout
Philip Conneller
— September 4, 2024
Flutter Entertainment Praised in New Coverage by Morningstar
Todd Shriber
— September 3, 2024
MGM Resorts Upsizes Debt Sale to $850M
Todd Shriber
— September 3, 2024
Full House Resorts Sells Fallon, Nev. Casino for $9.2 Million
Todd Shriber
— September 3, 2024
Star Entertainment Kicked Off ASX Over Missing Financial Results
Philip Conneller
— September 3, 2024
Genius Sports Has Upside Levers, Says Analyst
Somewhat quietly, Genius Sports (NYSE: GENI) is one of this year’s best-performing sports wagering stocks as highlighted by a year-to-date gain of 23.30%. That...
Todd Shriber
— August 30, 2024
DraftKings Buying Microbet Provider Simplebet
Todd Shriber
— August 28, 2024
NFLPA Alleges DraftKings Owes it $65 Million in NFT Case
Todd Shriber
— August 26, 2024
Gaming and Leisure Properties Bonds Sturdy, Says Research Firm
Todd Shriber
— August 25, 2024
Penn Entertainment Bonds Not Inspiring, Says Analyst
Todd Shriber
— August 21, 2024
DraftKings Stock Poised for Football Season Bump, Say Analysts
Todd Shriber
— August 20, 2024