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Quicken Loans Inc. founder Dan Gilbert agreed to sell his Detroit casino to Penn National Gaming Inc. and Vici Properties Inc. in a deal valued at $1 billion......»»

In January 2020, casino operator Penn National Gaming Inc (NASDAQ: PENN) purchased a 36% stake in Barstool Sports. Here’s a look at how investors would have done if they invested in Penn National alongside the Barstool Sports purchase. read more.....»»

Barstool Sports, the controversial sports and pop-culture blog, agreed to sell a 36% stake to casino operator Penn National Gaming Inc. for about $163 million, the latest sign of convergence in... To view the full story, click the title link......»»

The deal gives Penn National the chance to attract a new, younger demographic in the fast-growing $150 billion sports-gambling business......»»

Shares of Caesars Entertainment Corp. soared 16% toward an 11-month high in premarket trading Monday, after the casino operator agreed to be bought out by Eldorado Resorts Inc. in a deal that values Caesars at about $8.6 billion. Under terms of .....»»

U.S. casino operator Eldorado Resorts Inc has agreed to merge with Caesars Entertainment Corp in a $17.3 billion cash-and-stock deal, including debt, the companies said on Monday......»»

U.S. casino operator Eldorado Resorts Inc has agreed to buy Caesars Entertainment Corp in a $17.3 billion cash-and-stock deal, including debt, the companies said on Monday......»»

U.S. casino operator Eldorado Resorts Inc has agreed to merge with Caesars Entertainment Corp in a cash and stock deal that values its peer at about $18 billion including debt, people familiar with the matter said on Sunday......»»

World No. 2 casino operator Wynn Resorts Ltd on Tuesday ended takeover discussions with Crown Resorts, citing a leak of the deal details, hours after confirming it was in talks to buy the Australian rival......»»

The National Basketball Association on Tuesday announced its first-ever official sports betting partner, MGM Resorts International , with the league agreeing to sell its official game data to the casino operator for undisclosed terms......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

The U.S. investment firm has offered 11.85 Australian dollars, or the equivalent of $9.15, a share for Crown, a 20% premium to its closing share price last week, Crown said Monday......»»

Shares of Extended Stay America Inc. soared 15.9% toward a 2-year in premarket trading Monday, after The Wall Street Journal reported that the hotel operator has agreed to be acquired by Blackstone Group and Starwoo.....»»

Shares of Las Vegas Sands Corp. rallied 3.0% in premarket trading Wednesday, after the casino operator announced agreements to sell its Las Vega.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Wynn Resorts Ltd. (NASDAQ: WYNN) and Penn National Gaming Inc. (NASAQ: PENN) reported worse-than-expected results Thursday in an illustration of the pandemic's effect on the casino se.....»»

NCR Corp. is nearing a deal to buy Cardtronics PLC after outbidding a pair of investment firms that had earlier agreed to buy the ATM operator......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Casino stocks have had a rough year in 2020 due to coronavirus (COVID-19) shutdowns. However, some long-term gambling bulls believe business will get back to normal for gamblers as soon as casinos reopen. Late.....»»

Telefonica SA and Liberty Global Plc have agreed to create the U.K.’s largest phone and internet operator, a deal that threatens its rivals and marks another industry-defining merger for billionaire John Malone......»»