StreetInsider.com News Articles

Barclays tracks May gaming revenue showing mixed state results

Wed, 17 Jun 2026 08:39:14 -0400

Investing.com - Barclays released its state gaming revenue tracker for May 2026, showing retail gross gaming revenue flat in New Jersey and down 1% year-over-year in Indiana, while online sports betting handle and revenue declined across most major operators.

New Jersey reported May gross gaming revenue flat year-over-year compared to 12% growth in April and 3% growth in March. Indiana posted a 1% year-over-year decline in May gross gaming revenue, following 5% growth in April and a 6% decline in March. Retail gross gaming revenue for states reported so far rose 2% year-over-year, or 1% on a same-store basis.

In New Jersey,

Barclays tracks May gaming revenue showing mixed state results

Wed, 17 Jun 2026 08:39:14 -0400

In New Jersey,

Barclays tracks May gaming revenue showing mixed state results

Wed, 17 Jun 2026 08:39:14 -0400

In New Jersey,

Barclays tracks May gaming revenue showing mixed state results

Wed, 17 Jun 2026 08:39:14 -0400

In New Jersey,

Barclays tracks May gaming revenue showing mixed state results

Wed, 17 Jun 2026 08:39:14 -0400

In New Jersey,

Barclays tracks May gaming revenue showing mixed state results

Wed, 17 Jun 2026 08:39:14 -0400

In New Jersey,

Barclays tracks May gaming revenue showing mixed state results

Wed, 17 Jun 2026 08:39:14 -0400

In New Jersey,

Stifel downgrades Caesars, MGM as takeover upside narrows amid deal uncertainty

Mon, 15 Jun 2026 10:49:57 -0400

Investing.com -- Stifel downgraded casino operators Caesars Entertainment and MGM Resorts International to Hold from Buy, arguing that recent takeover proposals have largely exhausted near-term upside potential while leaving investors exposed to significant deal-execution risks.

For Caesars, Stifel said it now expects Fertitta Entertainment's $31-per-share acquisition offer to ultimately be completed, despite viewing the bid as conservative. The brokerage noted that support from major shareholders and a lack of likely competing bidders make a materially higher offer unlikely. With Caesars shares trading close to the proposed takeout price, Stifel believes the stock's risk-reward profile has turned neutral and downgraded the

Stifel downgrades Caesars, MGM as takeover upside narrows amid deal uncertainty

Mon, 15 Jun 2026 10:49:57 -0400

Stifel Downgrades MGM Resorts (MGM) to Hold

Mon, 15 Jun 2026 03:04:38 -0400

Stifel analyst Steven M. Wieczynski downgraded MGM Resorts (NYSE: MGM) from Buy to Hold with a price target of $49.00 (from $48.00).

The analyst comments: “We are downgrading MGM shares from Buy to Hold, reflecting the stock’s recent move on the announcement of an offer from People Inc. (formerly IAC) to take the company private at $48.30/share (~7.7x our 2027E EBITDAR) coupled with the remaining uncertainty around the prospective deal. In our opinion, there appears to be less internal support for this transaction versus the recently announced CZR transaction, and investors clearly believe the initial bid undervalues the company as the

Stifel Downgrades MGM Resorts (MGM) to Hold

Mon, 15 Jun 2026 03:04:38 -0400

Stifel analyst Steven M. Wieczynski downgraded MGM Resorts (NYSE: MGM) from Buy to Hold with a price target of $49.00 (from $48.00).

MGM Resorts (MGM) PT Raised to $53 at JPMorgan on Japan Growth Opportunity

Fri, 12 Jun 2026 07:36:18 -0400

JPMorgan analyst Daniel Politzer raised the price target on MGM Resorts (NYSE: MGM) to $53.00 (from $46.00) while maintaining an Overweight rating.

The analyst commented, "Despite MGM’s pullback to $47/sh from its post-offer high of $51/sh, we still see potential for PPLI’s ~$48.30/sh acquisition offer to increase—especially if MGM Osaka is ultimately ascribed meaningful value. Accordingly, we raise our YE26 price target to $53 (from $46) to incorporate an acquisition premium that we believe is supported by MGM’s longer-term growth optionality in Japan. We note our underlying math suggests MGM Osaka could be worth $19/share today on a discounted basis."

MGM Resorts (MGM) PT Raised to $53 at JPMorgan on Japan Growth Opportunity

Fri, 12 Jun 2026 07:36:18 -0400

JPMorgan analyst Daniel Politzer raised the price target on MGM Resorts (NYSE: MGM) to $53.00 (from $46.00) while maintaining an Overweight rating.

Investing.com’s stocks of the week

Fri, 05 Jun 2026 14:57:23 -0400

Investing.com -- Wall Street is set to cap off this week with a decline, as rate-sensitive technology stocks and chip names fall. We have also seen rising U.S. Treasury yields after a significantly stronger-than-expected May jobs report.

Even so, there have been big stock moves in both directions.

Here are Investing.com's stocks of the week:

Broadcom

Broadcom shares are down around 8.9% this week after the chipmaker posted quarterly results that, while modestly ahead of expectations, disappointed investors hoping for a more aggressive AI revenue outlook.

Management reiterated its fiscal 2027 AI revenue guidance of $100 billion

Investing.com’s stocks of the week

Fri, 05 Jun 2026 14:57:23 -0400

Even so, there have been big stock moves in both directions.

Here are Investing.com's stocks of the week:

Broadcom

Management reiterated its fiscal 2027 AI revenue guidance of $100 billion

Investing.com’s stocks of the week

Fri, 05 Jun 2026 14:57:23 -0400

Even so, there have been big stock moves in both directions.

Here are Investing.com's stocks of the week:

Broadcom

Management reiterated its fiscal 2027 AI revenue guidance of $100 billion

Investing.com’s stocks of the week

Fri, 05 Jun 2026 14:57:23 -0400

Even so, there have been big stock moves in both directions.

Here are Investing.com's stocks of the week:

Broadcom

Management reiterated its fiscal 2027 AI revenue guidance of $100 billion

Investing.com’s stocks of the week

Fri, 05 Jun 2026 14:57:23 -0400

Even so, there have been big stock moves in both directions.

Here are Investing.com's stocks of the week:

Broadcom

Management reiterated its fiscal 2027 AI revenue guidance of $100 billion

Investing.com’s stocks of the week

Fri, 05 Jun 2026 14:57:23 -0400

Even so, there have been big stock moves in both directions.

Here are Investing.com's stocks of the week:

Broadcom

Management reiterated its fiscal 2027 AI revenue guidance of $100 billion

MGM Resorts Sets Ultimate Summer Stage for Spectacle, Sports and Sun in Las Vegas

Thu, 04 Jun 2026 12:30:00 -0400

Iconic Strip destinations heat up the season with a dynamic lineup of soccer watch parties, high-energy sporting events, holiday fireworks, poolside events and limited-time travel offers

LAS VEGAS, June 4, 2026 /PRNewswire/ -- MGM Resorts International is turning up the heat on summer travel with a lineup of vacation deals, high-energy entertainment and destination-wide events across its Las Vegas properties. From poolside fun and major sports event-viewing to patriotic celebrations and vacation packages, guests can live it up with a season-long slate of offerings designed for

MGM Resorts Sets Ultimate Summer Stage for Spectacle, Sports and Sun in Las Vegas

Thu, 04 Jun 2026 12:30:00 -0400

Iconic Strip destinations heat up the season with a dynamic lineup of soccer watch parties, high-energy sporting events, holiday fireworks, poolside events and limited-time travel offers

MGM Resorts Sets Ultimate Summer Stage for Spectacle, Sports and Sun in Las Vegas

Thu, 04 Jun 2026 12:30:00 -0400

Iconic Strip destinations heat up the season with a dynamic lineup of soccer watch parties, high-energy sporting events, holiday fireworks, poolside events and limited-time travel offers

MGM Resorts Sets Ultimate Summer Stage for Spectacle, Sports and Sun in Las Vegas

Thu, 04 Jun 2026 12:30:00 -0400

Iconic Strip destinations heat up the season with a dynamic lineup of soccer watch parties, high-energy sporting events, holiday fireworks, poolside events and limited-time travel offers

MGM Resorts Sets Ultimate Summer Stage for Spectacle, Sports and Sun in Las Vegas

Thu, 04 Jun 2026 12:30:00 -0400

Iconic Strip destinations heat up the season with a dynamic lineup of soccer watch parties, high-energy sporting events, holiday fireworks, poolside events and limited-time travel offers

MGM Resorts Sets Ultimate Summer Stage for Spectacle, Sports and Sun in Las Vegas

Thu, 04 Jun 2026 12:30:00 -0400

Iconic Strip destinations heat up the season with a dynamic lineup of soccer watch parties, high-energy sporting events, holiday fireworks, poolside events and limited-time travel offers