Local media, including The Athletic, said on the 30th (Korea time) that the Los Angeles Dodgers, Chicago White Sox, and St. Louis have agreed to a major trade to exchange a total of seven players. Through the trade, the Dodgers signed Edman, right-handed pitcher Michael Kopek, and St. Louis Cardinals’ […]
It’s been a while since Wall Street analysts tagged casino stocks with “sell” ratings. But Wynn Resorts (NASDAQ:WYNN) is enduring that fate today at the hands of Citi.
In a note to clients today, Citi analyst George Choi pared his rating on the Encore operator to “sell” from “buy.” This is a double downgrade because it skipped over a “neutral” grade. Choi also lifted his price outlook on the gaming company to $99 from $88. That’s about $11 […]
His departure comes right in the midst of $11 billion takeover negotiations with MGM Resorts International.
It seems Segev’s head has been turned by a better offer, with Entain somberly admitting in an official statement that it “cannot match the rewards that he has been promised.” London’s Evening Standard reports that the 44-year-old executive has accepted the position of CEO of DAZN, the sports-streaming platform owned […]
President Donald Trump has been impeached for a historic second time. But political bettors say the odds are long that’ll he’ll be convicted in the Senate.
The US House of Representatives yesterday voted 232-197 to impeach the president for a second time. No president in US history has previously been impeached twice. The bipartisan impeachment charges Trump with one count of “incitement of insurrection.” Ten Republicans voting “yea.” No Democrats voted against the impeachment. Democrats and […]
MGM Springfield and Plainridge Park saw their gross gaming revenues (GGR) nearly halved in 2020 compared with their 2019 numbers.
Massachusetts is home to three casinos — Encore Boston Harbor being the third. Total GGR for the three properties last year was $551.93 million. Despite state-ordered closures from mid-March through June, and ongoing reduced capacity limits and numerous regulatory safeguards, 2020 casino win was down only 4.6 percent from 2019. […]
Indiana’s lone tribal casino is one step closer to being able to offer sports betting and other Class III games
Gov. Eric Holcomb and Matthew Wesaw, chairman of the Pokagon Band of Potawatomi Indians announced the two sides concluded negotiations on a tribal gaming compact, a first for Indiana. The Pokagon operate a Four Winds Casino, a Class II venue, in South Bend on sovereign property The compact comes nearly […]
“Negotiations suspended due to unrealistic salary expectations”
David de Gea’s high salary demand prevented him from joining Genoa. Britain’s “Sky Sports” reported on the 28th (Korea time) that “De Gea’s transfer to Genoa has been suspended for now. Genoa is unlikely to pursue the contract due to De Gea’s unrealistic salary expectations.” De Heja was the dominant […]
“A+ pitcher is coming.” San Diego is excited about the news of recruiting a new bullpen
The San Diego Padres, who successfully reinforced their bullpen ahead of the trade deadline, are excited. San Diego acquired right-hander Jason Adam through a trade with the Tampa Bay Rays on the 29th (Korea Standard Time). They brought in a pitcher with a 2.49 19 hold and four saves in […]
The Illinois Gaming Board (IGB) is penalizing video gaming terminal (VGT) distributor Accel Entertainment (NYSE:ACEL) to the tune of $5 million.
Under the terms of that accord, Accel’s more than 2,300 VGTs across the Land of Lincoln feature DraftKings content, including advertisements, betting lines, and avenues for signing up for the sportsbook operator’s mobile app. The sports betting company is live and legal in the Prairie State. The IGB contends that […]
A special meeting will be held in town to consider the project.
Showboat owner Bart Blatstein, a real estate developer based in Philadelphia, is seeking to have the development classified as an entertainment retail district. If that happens, the endeavor would qualify for construction cost breaks and ongoing reductions in sales taxes at the venue. The New Jersey Casino Reinvestment Development Authority […]