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Coronavirus Crushes Casino Stocks, MGM, Wynn Resorts Approach 52-Week Lows

Travel and leisure stocks are getting pounded Thursday amid concerns that the novel coronavirus will spread in the US. The fears are being exacerbated...

Todd Shriber February 27, 2020

Eldorado CEO Reeg Tells Analysts $17.3 Billion Caesars Deal Will be a ‘Home Run’ for All Stakeholders

Eldorado Resorts CEO Tom Reeg told analysts Wednesday on the gaming company’s fourth quarter earnings call that all is going well with his company’s...

Steve Bittenbender February 27, 2020

1060 Capital Ups Sports Betting Equity Exposure, Including DraftKings, but Pares Churchill Downs, Penn National Positions

1060 Capital Management, a hedge fund with a track record of investing in gaming stocks, initiated positions in some sports betting equities in the...

Todd Shriber February 18, 2020