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Jackpot Digital Signs 3-Table Agreement with Hollywood Casino at Greektown, Detroit, Michigan
TMX Newsfile· 2026-03-26 11:35
Core Viewpoint - Jackpot Digital Inc. has signed an agreement with Hollywood Casino at Greektown to install three Jackpot Blitz® dealerless poker electronic table games, marking a significant entry into Michigan's commercial casino market [1][2][3]. Company Developments - The installation of the Jackpot Blitz® tables follows the approval of a supplier gaming license from the Michigan Gaming Control Board, with deployment expected in the second quarter of 2026 [2]. - Each newly installed table is anticipated to generate additional monthly recurring revenue for the company [2]. Product Features - Jackpot Blitz® features a 75" touchscreen and an intuitive interface, allowing casinos to operate cash games and tournaments 24/7 [4]. - The platform supports multiple table games, offers real-time reporting and game management, and is designed to increase hands per hour while reducing operational costs [4]. Market Expansion - Jackpot Digital continues to expand its global footprint, with deployments across various jurisdictions, including Maine, Mississippi, and the U.S. Virgin Islands, as well as several international jurisdictions and tribal casinos [5]. - The company is recognized as a leading provider of electronic poker table games, focusing on innovative gaming solutions that enhance the player experience and optimize gaming offerings for operators [6].
X @Andrew Tate
Andrew Tate· 2026-03-22 17:42
RT TateInfoCenter (@tateinfocenter)🚨🇨🇳 JUST IN:Andrew Tate can't stop FLEXING his latest CASINO WIN. 😂It's a 3 AM, and Bailey is forced to confirm that Andrew is in fact - A WINNER.But let's be real, if you won $50k in the Casino, you'd flex it too. https://t.co/X6crH2F7kw ...
Longleaf Partners Global Fund’s Updates on MGM Resorts (MGM)
Yahoo Finance· 2026-03-20 12:05
Fund Performance - Longleaf Partners Global Fund returned 5.27% in Q4 2025, outperforming MSCI World and MSCI World Value which returned 3.12% and 3.34% respectively [1] - The Fund achieved a total return of 16.72% for the year, compared to 21.09% and 20.79% for the respective indexes [1] - Underperformance in 2025 was attributed to underweight exposure in Financials, holding cash, and lack of late-cycle Industrials [1] MGM Resorts International - MGM Resorts International (NYSE:MGM) stock closed at $37.14 on March 19, 2026, with a one-month return of 0.95% and a 52-week gain of 18.20% [2] - MGM Resorts has a market capitalization of $10.158 billion [2] - The company faced a relatively weaker performance in Las Vegas in 2025 due to challenging comparisons after several strong years, but saw a turnaround at BetMGM and strong performances at regional properties and Macau [3] IAC and MGM Relationship - IAC, which holds a 25% stake in MGM, plans to dispose of all assets except for People Inc. and is focused on closing the valuation disconnect of its assets [3] - IAC's capital allocation options include share repurchase and increasing its stake in MGM, with actions already being taken in both areas [3] - MGM's management has corrected pricing mistakes and made strategic moves, including selling a lower quality property for a higher multiple and withdrawing from a New York City casino bid, which has freed up capital for share repurchases [3]
3 Rebound Candidates With Technical Tailwinds
Yahoo Finance· 2026-03-13 21:16
Retail Sector - The retail sector, particularly companies reliant on cheap imports like Wayfair Inc., faced significant challenges due to tariffs, but recent rulings have provided relief opportunities for these companies [1] Technical Analysis - Technical indicators such as MACD and RSI have identified three stocks that may be on the verge of a rebound, suggesting potential for reversal in their performance [2][6] - The RSI measures price changes over a 14-day period, indicating overbought conditions above 70 and oversold conditions below 30, which can signal trend reversals [3] - The MACD uses two exponential moving averages to assess momentum and identify trend shifts, with bullish signals indicated when the signal line crosses above the MACD line [4] Market Volatility - March has been characterized by volatility, influenced by ongoing geopolitical tensions, which may persist into April, making technical analysis particularly valuable during such times [5] - Investors often seek low-beta sectors and dividend-paying stocks during volatile periods, but opportunities also arise for those willing to engage in technical analysis [5] Stock Specifics - Lyft Inc. has seen its shares decline over 30% this year, but the $13 price level has shown resilience, potentially serving as a support level for future bullish momentum, with analysts projecting a price target of $19.63, indicating over 50% upside [8] - Caesars Entertainment Corp. is experiencing renewed interest following a $7 billion takeover bid, which values the company at $34 per share, a significant premium over its current price of around $28 [10] - Caesars reported $2.9 billion in revenue for Q4 2025, reflecting a 4.2% year-over-year growth, surpassing analyst expectations despite competition from online sportsbooks [11] - The stock of Caesars has increased over 55% in the last month, driven by multiple technical indicators signaling a bullish trend reversal, including crossovers above key moving averages [13]
Caesars Entertainment, Inc. to Report 2025 Fourth Quarter and Full Year Results on February 17, 2026
Businesswire· 2026-01-02 21:00
Core Viewpoint - Caesars Entertainment, Inc. will announce its financial results for Q4 and full year 2025 on February 17, 2026, after market close, followed by a conference call to discuss the results [1]. Group 1: Financial Results Announcement - The financial results for the fourth quarter and full year 2025 will be released after market close on February 17, 2026 [1]. - A conference call will be held on the same date at 5:00 p.m. Eastern Time to discuss the results and other company matters [1]. Group 2: Conference Call Registration - Participants can register for the conference call through a provided link, receiving an email with dial-in details [2]. - The call will be accessible via webcast on the Investor Relations section of Caesars Entertainment's website [2]. - A replay of the call will be available for 90 days following the event [2]. Group 3: Company Overview - Caesars Entertainment, Inc. is the largest casino-entertainment company in the US and a leading diversified provider globally [3]. - The company has expanded since its inception in 1937 through new resorts, expansions, and acquisitions [3]. - Caesars operates under several brand names, including Caesars®, Harrah's®, Horseshoe®, and Eldorado®, offering a wide range of gaming, entertainment, and hospitality services [3]. - The company emphasizes value creation through exceptional service, operational excellence, and technology leadership, supported by its Caesars Rewards loyalty program [3]. - Caesars is committed to corporate social responsibility through its PEOPLE PLANET PLAY framework [3].
VICI Properties: Squeeze Play Triggered By Slowing Vegas Growth, Fed Rates (VICI)
Seeking Alpha· 2025-12-18 22:45
Core Insights - The House Edge is recognized as a unique marketplace service in the casino, gaming, and online sports betting sectors, providing actionable research and insights for investors [1][2] - Vegas gaming revenue has shown significant growth, reaching $8.6 billion, although the growth rate is slowing compared to 2018 when it was $6.6 billion [2] Company Insights - Howard Jay Klein, with 30 years of experience in major casino operations, leads The House Edge and focuses on value investing by assessing management quality [2] - The House Edge offers a model portfolio that is reviewed monthly, featuring actionable analysis, news interpretation, and investment recommendations in the gaming sector [2]
VICI Properties: Squeeze Play Mentality Triggered By Slowing Vegas Growth, Stubborn Fed Rates
Seeking Alpha· 2025-12-18 22:45
Core Insights - The House Edge is recognized as a unique marketplace service in the casino, gaming, and online sports betting sectors, providing actionable research and insights [1][2] - Howard Jay Klein, with 30 years of experience in the gaming industry, leads The House Edge and utilizes his extensive network for superior investment returns [1][2] Industry Overview - Las Vegas gaming revenue has shown growth, reaching $8.6 billion, which is a significant increase from $6.6 billion in 2018, although the pace of growth is slowing [2] - The gaming industry is characterized by a focus on management quality as a key factor in investment decisions [2] Company Insights - The House Edge offers a model portfolio that is reviewed monthly, featuring actionable analysis on gaming companies and trends in the industry [2] - The service includes a regular newsletter and recommendations for buy-sell-hold or accumulate strategies [2]
2026 Casino And Online Gaming Outlook: Recovery For Sector As Macro Headwinds Fade
Seeking Alpha· 2025-12-17 16:46
Group 1 - The article emphasizes the importance of in-depth research in the casino and gaming sector, highlighting the availability of resources such as "The Smartest ever Guide to Gaming Stocks" for subscribers [1] - Howard Jay Klein, with 30 years of experience in major casino operations, leads an investing group called The House Edge, focusing on actionable research in the casino, online betting, and entertainment industries [2] - The House Edge provides a model portfolio that is reviewed monthly, offering actionable analysis, news interpretation, and buy-sell-hold recommendations for gaming companies [2]
X @Bloomberg
Bloomberg· 2025-12-16 23:55
Star Entertainment Group named Bruce Mathieson Jr. its new CEO, the latest change to the Australian casino operator’s leadership as a group led by Bally’s takes control https://t.co/griKOmn3mA ...
X @Bloomberg
Bloomberg· 2025-12-15 23:52
Star said CEO Steve McCann will leave the company after just over a year in the role, as a group led by Bally’s took control of the struggling Australian casino operator https://t.co/x1JJfAiF6c ...