Newsfeeds - Spark Newswire

1 minute read

Legal
News

Sports Betting Legislator Ryan Butler Tweets ‘Maryland Recorded Nearly $500M In Sports Betting Handle In December, Its First Full Month With Legal Mobile Wagering, The Vast Majority Of That Coming Online, According To A Release From Regulators Today’

By Benzinga Newsdesk

Today, 8:56 AM

https://twitter.com/ButlerBets/status/1612851527299002369

BYD

2 minute read

Analyst Ratings

Where PENN Entertainment Stands With Analysts

By Benzinga Insights

Today, 8:56 AM

PENN Entertainment (NASDAQ:PENN) has observed the following analyst ratings within the last quarter: Bullish Somewhat Bullish Indifferent Somewhat…

PENN

1 minute read

News

Sports Legislator Ryan Butler Tweets “New: Barstool Sportsbook Has Been Approved To Take Bets In Massachusetts; Online Launch Expected Shortly Before March Madness”

By Benzinga Newsdesk

Today, 8:56 AM

https://twitter.com/ButlerBets/status/1610695936770215936

PENN

1 minute read

News

Sports Betting Legislator Ryan Butler Tweets ‘Penn Entertainment’s Mobile Massachusetts Barstool Sportsbook Sports Betting License Is Set To Be Discussed By State Regulators During A Meeting This Afternoon…’

By Benzinga Newsdesk

Today, 8:56 AM

https://twitter.com/ButlerBets/status/1610291514302668800 $PENN Entertainment's mobile Massachusetts Barstool Sportsbook sports betting license is set to be discussed by state regulators during a meeting this

PENN

3 minute read

The 5 Best-Performing REITs of 2022

By Ethan Roberts

Today, 8:56 AM

Investors will remember 2022 as a really tough year for Wall Street.

BYD

2 minute read

Why This Casino Analyst Says Penn Entertainment, Caesars Entertainment Are Post-Pandemic ‘Over-Earners’

By Wayne Duggan

Today, 8:56 AM

Gambling stocks PENN Entertainment Inc (NASDAQ: PENN) and Caesars Entertainment Inc (NASDAQ: CZR) each traded lower Wednesday after one Wall Street casino stock analyst downgraded both stocks.

CZR

1 minute read

On Dec 6, 2022, Penn Entertainment Board Authorized A New $750M Share Repurchase Program; New Authorization Expires On December 31, 2025

By Benzinga Newsdesk

Today, 8:56 AM

On December 6, 2022, the Board of Directors of PENN Entertainment, Inc. (the "Company") authorized a new $750 million share repurchase program. The new authorization expires on December 31, 2025 and is in addition to the Company's existing $750 million share repurchase program authorized on February 1, 2022 ("February 2022 Authorization").

PENN

2 minute read

Sports Gear Firm Fanatics Plans Sports Betting Push As Valuation Soars 15% Despite Market Downturn

By AJ Fabino

Today, 8:56 AM

Fanatics has received around $700 million from a group of new and current investors in a round that values the firm at $31 billion. The proceeds of the investment, according to The Walll Street Journal, will be set aside for strategic M&A.

DKNG

2 minute read

Cramer Recommends Avoiding This Trump-Linked SPAC: Here’s Why

By Lisa Levin

Today, 8:56 AM

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Symbotic Inc (NASDAQ: SYM) is a "money-losing SPAC.

BRK-A

1 minute read

JP Morgan Boosts Price Targets On These Casino Stocks

By Lisa Levin

Today, 8:56 AM

JP Morgan boosted the price target on Melco Resorts & Entertainment Limited (NASDAQ: MLCO) from $7 to $10. JP Morgan analyst Joseph Greff upgraded the stock from Neutral to Overweight. Melco Resorts & Entertainment shares rose 10.3% to trade at $7.27 on Monday.

LVS