Tag Archives: Goldman Sachs
- Don’t ignore BTC: Goldman Sachs analyst predicts bitcoin price to hit near $5,000
August 15, 2017
Bitcoin’s speed breakthrough will see the price of the digital currency soar to the $4,800 level, according to an analyst for investment bank Goldman Sachs. In a client note distributed on Sunday, technical analyst Sheba Jafari suggested that the price of bitcoin could shoot as high as $4,827 as the...
- The Legal Drama Surrounding Wynn Resorts
September 25, 2012
The long-running feud between Wynn Resorts (WYNN) head Steve Wynn and former Wynn board member Kazuo Okada came back into public view last week, as Okada released a four-page letter to Wynn shareholders reiterating his previous nomination of two board members and criticizing Wynn's management of his company. Okada has been battling Wynn for some time;...
- Investing The Hard Way: IGT, Stock Repurchases, and Dividends
July 16, 2012
On June 14th, International Game Technology (IGT), the world's largest manufacturer of slot machines, announced a $1 billion share repurchase program, including a $400 million “accelerated” buyback. With IGT stock trading near a three-year low, the announcement had its desired effect: IGT jumped over 14%. In a share repurchase program...
- Macau daily gambling news
July 6, 2012
Goldman Sachs has upgraded Wynn Macau after they admitted there’s too much pessimism being directed at the casino industry in Macau. The investment bank added that VIP and high rollers should be attracted back to the enclave after concerns over the Chinese economy have lessened. As a result Wynn was...
- William Hill pays dead man; Facebook pays £5.3m for initials
January 19, 2011
Back in May, we brought you the tale of Jon Matthews, a sixty-year-old punter in Milton Keynes who’d beat the bookies by beating death -- twice. Matthews, who suffered from mesothelioma (a form of cancer linked with asbestos exposure) had twice laid down £100 at his local William Hill shop...
- Goldman Sachs CEO: I run a ‘socially important casino’
May 1, 2010
It's often said that there is one law for the rich and quite another for the poor. Use a knife to steal $20 from an old lady and you'll get 5-10 years in the slammer. Use a briefcase to rob the American public of hundreds of billions of dollars and...