We are also watching the casino stocks dropping today. Our Contessa Brewer joins us with what's behind that move, Contessa. Yeah, well, and let's take a look at the stocks because you're really seeing it in Melco.It's off by 6%. That's a vast improvement. When I looked last hour, it was down 12%.MGM Resorts down two. Las Vegas and Win off more than 5%. Blame it on the rain.There is a big typhoon that is swirling to the west of the Philippines and Macau is keeping an eye and bracing. They just had another bi ...

Passenger data for the first two days of Golden Week came in "a bit weak,†Citi Research says. ...

Accretive Transaction Marks Expansion of Strategic Gaming Management RelationshipWYOMISSING, Pa., Oct. 01, 2025 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (“GLPI”) today announced that it intends to acquire the real estate assets of Sunland Park Racetrack & Casino (“Sunland Park”). GLPI will acquire the real estate assets of Sunland Park for $183.75 million, at an initial 8.2% cap rate. With the inclusion into the Strategic Gaming Leases, annual rent on the lease will escalate at ...

(Reuters) -Australian embattled casino group Star Entertainment Group said on Tuesday it has finalised discussions with lenders, securing a loan covenant waiver for September 30 under its syndicated facility agreement. The waiver, subject to the exchange of signed documentation, follows Star's disclosure in its unaudited preliminary financial report for 2025, released on August 29, where it noted ongoing talks with lenders regarding waivers for future financial covenant testing. The Australian Financial ...

Full House Resorts (NASDAQ: FLL ) has experienced some rollercoaster price action since I last wrote about the regional casino operator back in May. During June and July, FLL stock experienced a sharp surge higher, largely due to a frenzy surrounding insider buying.Analyst’s Disclosure:I/we have a beneficial long position in the shares of FLL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (o ...

Full House Resorts (NASDAQ: FLL ) has experienced some rollercoaster price action since I last wrote about the regional casino operator back in May. During June and July, FLL stock experienced a sharp surge higher, largely due to a frenzy surrounding insider buying.Analyst’s Disclosure:I/we have a beneficial long position in the shares of FLL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (o ...

Core Points - Boyd Gaming Corp. has not disclosed whether it paid a ransom following a cyberattack on its internal IT systems [1][2] - The company operates 11 properties, including three in downtown Las Vegas, and reported the cyberattack in a filing with the SEC [2] - Boyd Gaming took immediate action by engaging external cybersecurity experts and cooperating with federal law enforcement [3] Cyberattack Context - In 2023, two notable cyberattacks targeted casino companies: Caesars Entertainment paid a $15 million ransom, while MGM Resorts did not and faced an estimated $100 million in costs due to system downtime [4] - Boyd Gaming does not anticipate any material costs resulting from the cyberattack [4] Financial Implications - The company believes the incident will not materially affect its financial condition or operational results [5] - Boyd maintains a comprehensive cybersecurity insurance policy that is expected to cover costs related to incident response, forensic investigations, business interruptions, legal actions, and regulatory fines, subject to policy limits and deductibles [5] Security Measures - MGM's attack involved social engineering tactics, but Boyd has not disclosed how the cybercriminals accessed its systems [6]

Core Insights - MGM Resorts International and Caesars Entertainment are the two largest casino operators on the Las Vegas Strip, operating a total of 18 casinos and having significant presence in other markets like Atlantic City and regional casinos [2] - Over the past five years, MGM stock has gained 55.25%, while Caesars stock has decreased by 53.85%, indicating a significant divergence in performance between the two companies [3] - Caesars has substantial outstanding liabilities of $12.27 billion, with potential savings of $60 million annually for every 100 basis points reduction in interest rates, highlighting its dependence on lower interest rates for financial health [5] Company-Specific Analysis - Caesars is currently not part of the S&P 500 Index and requires several favorable conditions to achieve investment success, indicating a complex investment landscape [4] - The company is considering asset sales to reduce debt, but the lack of cash buyers may hinder this process, as potential acquirers may be hesitant to finance purchases until interest rates decrease further [6] - A potential strategy for Caesars could involve spinning off its digital unit, which an analyst has suggested could be worth more than the entire company, reflecting management's frustration with the current share price [7] Investment Considerations - For risk-tolerant investors, Caesars may present an opportunity based on the potential for declining interest rates and corporate transactions [8] - MGM, on the other hand, may attract long-term investors due to its superior expansion prospects compared to Caesars [8]

(Reuters) -Australian casino operator Star Entertainment Group said on Thursday that the Queensland government had deferred the suspension of its Gold Coast casino licence to September 30, 2026. The cash-strapped casino operator said the government also extended the appointment of an external advisor for Star Brisbane until next September. The deferral comes after regulator-appointed Special Manager Nicholas Weeks, who oversees Gold Coast's operations, submitted a report stating that Star has made "stead ...

Core Insights - Baron Growth Fund's performance in Q2 2025 was a 0.86% increase, significantly lagging behind the Russell 2000 Growth Index's 11.97% gain and the Russell 3000 Index's 10.99% return, indicating a challenging quarter for the fund's strategy focused on high-conviction businesses [1] Company Analysis: Red Rock Resorts, Inc. - Red Rock Resorts, Inc. (NASDAQ:RRR) operates in the casino and entertainment sector, specifically targeting the Las Vegas Locals market, with a one-month return of -2.21% and a 52-week gain of 14.46% [2] - The stock closed at $61.58 on September 23, 2025, with a market capitalization of $6.309 billion, reflecting its significant market presence [2] - The company is undergoing renovations and expansions of its core assets, which may cause short-term disruptions but are expected to enhance earnings growth and cash flow in the following year, supporting further development and dividend payments [3] - Red Rock's stock is currently trading at a discount to its historical average, which is viewed as attractive given its growth prospects and improving balance sheet [3] Hedge Fund Interest - Red Rock Resorts, Inc. was held by 32 hedge fund portfolios at the end of Q2 2025, an increase from 26 in the previous quarter, indicating growing interest among institutional investors [4] - Despite this interest, the company is not considered among the 30 most popular stocks among hedge funds, with some analysts suggesting that certain AI stocks may offer better upside potential with less risk [4]