Tag Archives: stocks
- It’s a Tug of War between Caesars’ Shareholders and Bondholders
November 25, 2014
When Caesars (CZR) got a default notice from a group of junior creditors in early October, its stock plummeted to $8.50, and for good reason. But now, with rumors of a plan being hatched to split the company into a real estate investment trust (REIT) and an operating company, shares...
- Why Trying to Trade the World Cup Won’t Work
June 18, 2014
It’s tempting to try to make some capital gains on a World Cup bump. Intuitively it makes sense. Betting volumes increase everywhere as gamblers pick their favorite teams. Occupancies jump at casino hotels as World Cup fever reaches its climax. Companies are obviously making money, so doesn’t it make sense...
- Zynga’s stock improves after announce of Nevada license application, analyst remains cautious
December 7, 2012
Some "good" news has come out of Zynga's recent announcement that they had applied for an online gaming license in Nevada. A day after news broke out that the world's largest free-to-play online poker company had filed an application for a license to operate real money online poker within the...
- Bank of America shifts Caesar’s stock rating to “underperform”
July 2, 2012
Caesars Entertainment hasn't had a whole lot of reasons to smile these days and now things just took a thing for the worst after Bank of America research analysts cut the casino operators' stock from "neutral" to "underperform". In doing so, they reduced the company's price objective from $16 to...
- Trading site makes predictions for 2011
December 16, 2010
Next year looks set to be a huge one for a number of reasons in the gambling arena, and it’s not just because Calvin Ayre will be celebrating his 50th birthday in style at the iGaming Super Show in Dublin. It’s not even that Tiger Woods will be enjoying another...
- Tech wreck: analysts say ditch gaming technology stocks
March 5, 2010
Goldman Sachs may be one of the most despised companies on the planet right now, but they did make $4.79B in the fourth quarter of 2009, so perhaps they know what they're talking about when they (and other analysts) say get out of gaming technology stocks. A bad economy, delays...
It’s a Tug of War between Caesars’ Shareholders and Bondholders
November 25, 2014