Shares of sports-gambling operators ran higher in extended trading Tuesday after Caesars Entertainment Inc. management revealed a measure of profit in its digital betting business turned positive last month, giving Read more
Tag: Caesars
Caesars, SeaWorld downgraded on ‘waning’ confidence in ability to withstand looming recession
Shares of Caesars Entertainment Inc. and SeaWorld Entertainment Inc. slumped Wednesday after downgrades from KeyBanc analyst Brett Andress, who cited growing concerns over the companies’ prospects as a potential economic Read more
Sports betting stocks: How companies like DraftKings, Caesars performed in June
Since the U.S. Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA) in 2018, sports-betting companies have seen huge interest. As of the end of June 2022, 30 Read more