Tag Archives: Isle of Capri
- Class action targets Interblock’s electronic craps commission
January 27, 2017
Gaming device maker Interblock is being sued in Florida by players convinced that the company’s electronic craps machines are taking too big a commission. On January 20, a class action lawsuit was filed in a South Florida federal court against Interblock and the Isle Casino and Racing in Pompano Beach,...
- Eldorado Resorts strikes $1.7b deal for Isle of Capri Casinos
September 19, 2016
Casino operator Eldorado Resorts has struck a $1.7b deal to acquire St. Louis-based rival Isle of Capri Casinos. On Monday, Eldorado announced that it had reached a deal to pay $23 per share, a 36% premium over Isle of Capri’s current share price, in a mix of 58% cash and...
- GAN inks Simulated Gaming free-play online deals with Borgata, Isle of Capri Casinos
December 23, 2015
Online gaming software outfit GAN (formerly GameAccount Network) has inked two new casino clients for its free-play Simulated Gaming product. On Tuesday, GAN announced that it had inked a deal to provide Atlantic City’s market-leading Borgata Hotel Casino & Spa with GAN’s Simulated Gaming free-play online casino product. The Borgata...
- Investing The Hard Way: Third Quarter Review
October 7, 2013
It sort of happened without anyone really noticing. After a sleepy second quarter – where gambling stocks rose just two percent and the most news-worthy event seemed to be Sheldon Adelson's rant against online gambling – the third quarter really didn't seem much different. Sure, Caesars Entertainment (CZR) announced a...
- Investing The Hard Way: US Regionals Still Defying Gravity
August 26, 2013
I've made some pretty good calls in my time as a columnist for this site, but there is one group of casino stocks I've consistently gotten wrong: US regional operators. Over a year ago, I recommended selling the entire sector; earlier this year, I argued there was no reason to...
- Investing The Hard Way: Where US Regionals Stand Now
March 25, 2013
In my tenure here at CalvinAyre.com, I've been rather bearish on the stocks of operators of regional casinos here in the U.S. I've recommended pairs trades where investors buy Macau operators and sell US ones. I advised selling short the entire US regional sector, and later called Isle of Capri (ISLE)...
Philippines can overtake Singapore, but with higher risk
March 21, 2017