Casinos & Gaming

Sidoti & Company initiated coverage on Multimedia Games (NASDAQ: MGAM) with a Buy rating and $9 price target in a research report published today. In the report, Sidoti & Company states, "Contending that the shares understate MGAM's considerable free cash flow and the stock's likely higher...

Credit Suisse is out with its report today on Penn National Gaming (NASDAQ: PENN), maintaining Outperform. In a note to clients, Credit Suisse writes, "We believe PENN is amongst the best positioned gaming operators to benefit from a regional consumer recovery and the largest domestic growth...

Last week I mentioned a short setup developing in Wynn Resorts, Limited (WYNN) and mapped out a trading scenario that I believed at the time was the right way to view the trade. The reality with trading is that while you may have the right idea, timing is everything. Last week saw a one day short...

To wrap up this week, I decided to respond to some reader mail… Cato asked: For a while I have been loading up on Bakken companies like BEXP. I was surprised about 6 - 8 weeks ago when oil price went up and BEXP went down. How can it be? I think a lot of your readers are puzzled so perhaps you...

Empire Resorts (NASDAQ: NYNY) along with the management teams of Entertainment Properties Trust and MSEG, LLC reported that in furtherance of the exclusivity agreement that was announced on April 12, 2011, they have reached a Master Development Agreement Term Sheet for the joint development of the...

Empire Resorts (NASDAQ: NYNY) along with the management teams of Entertainment Properties Trust and MSEG, LLC reported that in furtherance of the exclusivity agreement that was announced on April 12, 2011, they have reached a Master Development Agreement Term Sheet for the joint development of the...

Shares of Melco Crown Entertainment Limited (NASDAQ: MPEL) are trading lower on the session by 1.53%, at $10.94. With shares holding their ground during the recent market sell off, you have to wonder where it's heading next… Bulls: Bulls will note that Melco Crown Entertainment Limited has been...

Isle of Capri Casinos, Inc. (NASDAQ: ISLE) announced today after a nationwide search that Arnold L. Block has been named the Company's chief operating officer effective immediately and subject to regulatory approval. Block replaces Virginia McDowell who previously served as Isle's president and...

NASDAQ has ordered to cancel all trades in Century Casinos (NASDAQ: CNTY) placed at or above a price of $3.09 and executed between 10:40AM EDT and 10:56 EDT. Read more here.

Empire Resorts, Inc. (NASDAQ:NYNY) has staged a major breakout over the past few trading days. The stock has more than doubed from recent lows of 45c. The following snippet from a general trading update that was published on NASDAQ's website provides the reason for the sudden breakout: Empire...

Below are the top diversified computer systems stocks on the NYSE in terms of earnings per share. The trailing-twelve-month earnings per share at International Business Machines Corp (NYSE: IBM) is $11.91. IBM's ROE for the same period is 67.20%. The trailing-twelve-month earnings per share at...

Below are the top gaming activities stocks on the NASDAQ in terms of cash. The9 Limited (NASDAQ: NCTY) had $218.65 million in total cash and no debt for the latest quarter. MTR Gaming Group Inc (NASDAQ: MNTG) had $45.82 million in total cash and $378.40 million in total debt for the latest...

Scientific Games Corporation (Nasdaq: SGMS) today announced that Sciplay, its joint venture with Playtech Limited, has signed an agreement with the California Online Poker Association to be its provider of intrastate internet poker services.

Wynn Resorts Limited (WYNN) looking for continuation out of this consolidation pattern. The stock put in a little gap up on Friday of last week into a declining 8ema and saw nothing but selling all day long from that point. Aggressive traders can look to position short on any short term strength...

Scientific Games Corporation (Nasdaq: SGMS) today announced that the Company has signed a five-year contract extension to serve as the primary vendor to supply instant tickets and related services including game design, marketing, warehousing and distribution to the Georgia Lottery Corporation....