Casinos & Gaming

Morgan Stanley provided color on Penn National Gaming (NASDAQ: PENN). In a research report published today, Morgan Stanley commented on the company's agreement with the state of Ohio. In the report, Morgan Stanley states, "PENN's agreement with the state of Ohio is better than investors feared,...

On June 14, 2011, Canterbury Park Holding Corporation (NASDAQ: CPHC) reported that it may be forced to suspend all or substantially all of its operations on July 1, 2011 if the current budget impasse between Minnesota's Governor and Legislature continues into July and if layoff notices recently...

Bank of America Merrill Lynch is out with its report today on Boyd Gaming (NYSE: BYD), lowering its PO from $14 to $12. In a note to clients, Bank of America Merrill Lynch writes, "We've viewed BYD's strategic optionality (capacity to do a significantly deleveraging/accretive deal, hidden asset...

Bank of America has lowered the price objective on Boyd Gaming (NYSE: BYD) from $14 to $12 and maintains its Buy rating.

MediaMind Technologies Inc (NASDAQ: MDMD) shares surged 38.33% to $22.05 at 10:17 am. The volume of MDMD shares traded was 8943% higher than normal. DG FastChannel Inc (NASDAQ: DGIT) announced its plans to acquire MDMD for around $418 million in an all-cash deal. RIT Technologies Ltd (NASDAQ:...

Penn National Gaming, Inc. (Nasdaq: PENN) announced today that it has entered into a definitive agreement to sell its joint venture interest in the Maryland Jockey Club to Stron-MJC Limited Partnership. As announced by MI Developments Inc., Penn National's joint venture partner, an affiliate of...

Morgan Stanley is out with its report today on Penn National Gaming (NASDAQ: PENN), maintaining Overweight. In a note to clients, Morgan Stanley writes, "We believe the revised casino-development agreement between PENN's lone competitor and the state of Ohio has largely positive implications for...

MediaMind Technologies Inc (NASDAQ: MDMD) shares advanced 38.71% to $22.11 in the pre-market session. DG FastChannel Inc (NASDAQ: DGIT) announced its plans to acquire MDMD for around $418 million in an all-cash deal. WPCS International Incorporated (NASDAQ: WPCS) shares advanced 32.74% to $2.96...

By 10:45 am, the Dow Jones Industrial Average was down 90.75 points, or 0.75%, to 11,985.36, while the broader Standard & Poor's 500 index had dropped 9.52 points, or 0.74%. The NASDAQ composite index fell 15.91 points, or 0.59%. Some of the narrow based indexes that are still afloat in the...

According to Morgan Stanley, Bally Technologies (NYSE: BYI) enterprise-wide agreement to implement iView DMs across Caesars' portfolio is a modest long-term positive for BYI as it should help validate the technology given Caesars' reputation as an industry leader in systems and gaming technology....

Sands China Ltd., a majority owned subsidiary of Las Vegas Sands Corp. (NYSE: LVS) announced today that Sands China has received lender commitments for US$3.5 billion and will have the option to raise an incremental US$1.0 billion of new senior secured credit facilities under existing baskets...

Jefferies is out with its report today on Bally Technologies (NYSE: BYI), maintaining Buy. In a note to clients, Jefferies writes, "We believe BYI's announced iVIEW DM contract with Caesars signals a critical inflection point for BYI's systems product momentum across the casino operators and...

On CNBC's Mad Money Lightning Round OT, Jim Cramer said that First Republic Bank (NYSE: FRC) is a great bank, and he would hold on that stock. It is not hurt by the problems that other banks are facing. He also likes City National Corporation (NYSE: CYN). First Republic Bank (FRC) gained 1.69%...

Canterbury Park Holding Corporation (NASDAQ: CPHC) reported today that it may be forced to suspend substantially all of its operations on July 1, 2011 if the current budget impasse between Minnesota's Governor and Legislature continues into July and if layoff notices recently sent to employees of...

Bally Technologies, Inc. (NYSE: BYI) today announced an enterprise-wide agreement with the world's largest casino entertainment company, Caesars Entertainment, to implement iVIEW Display Manager player-user-interfaces across their casino operations.