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Stock Market & Financial Investment News

News Breaks
April 25, 2014
07:37 EDTCZR, PENN, NYNY, PNKCaesar's, Penn National among 22 to submit NY casino proposals, NYT says
22 companies, including big names such as Caesar's (CZR), Penn National (PENN), Empire Resorts (NYNY) and Pinnacle Entertainment (PNK), submitted proposals in the first step of what is expected to be an intense bidding process to be selected to develop the four new casinos approved to be built in New York State, reported The New York Times. Formal bids on the casinos are due June 30, with the board expected to make final decisions by early fall, the report noted. Reference Link
News For CZR;PENN;NYNY;PNK From The Last 14 Days
Check below for free stories on CZR;PENN;NYNY;PNK the last two weeks.
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September 19, 2014
07:03 EDTPENNPenn National names CEO Timothy Wilmott to board of directors
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September 17, 2014
15:36 EDTCZRCaesar's senior lenders drawn into debt restructuring talks, Bloomberg says
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15:00 EDTNYNYEmpire Resorts volatility increases on sharp rally
Empire Resorts October call option implied volatility is at 138, December is at 129, March is at 116; compared to its 26-week average of 88 according to Track Data suggesting large price movement.
10:48 EDTNYNYHigh option volume stocks
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September 16, 2014
10:33 EDTNYNYHigh option volume stocks
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September 12, 2014
14:07 EDTPENN, CZRNew Jersey reports August Atlantic City gaming win up 2.3% to $305M
New Jersey reports total Gaming Win from Atlantic City casino hotels and Internet gaming operations was $305M in August, compared to $298.1M in the same month of 2013 including discontinued operators Atlantic Club and Showboat, reflecting a 2.3% increase. Total Gaming Win from the current operators of casino hotels open for the entire month of August and Internet gaming operations was $289.9M in August. Internet gaming win was $10.5M in August, consisting of $2.2M in peer-to-peer win and $8.3M in other authorized games. As of August 31, 431,617 Internet gaming accounts have been created, up 6.5% from the 405,390 accounts as of July 31. Publicly traded companies in the space include Boyd Gaming (BYD), Caesar's (CZR), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn National (PENN) and Wynn Resorts (WYNN).
September 10, 2014
14:06 EDTNYNYEmpire Resorts, EPR present $1B project plan to NY Gaming Location Board
Empire Resorts (NYNY), through wholly-owned subsidiary Montreign Operating Company, in conjunction with its co-developer EPR Properties (EPR), announced that they presented their $1B entertainment project to the New York Gaming Facility Location Board, including plans for a resort casino located 90 miles from New York City in the Town of Thompson, Sullivan County. The company said it is able to commence construction of Montreign upon award of a gaming license without delay, adding that many permits and approvals are already secured for Adelaar, generally, and for Montreign, specifically, and additional permits and approvals are being actively processed.
September 8, 2014
15:59 EDTCZRCaesar's engages in talks with bondholders Pimco, Elliott, Bloomberg says
Caesars Entertainment will commence talks with at least five senior bondholders to restructure the $26.7B debt of its largest unit, Bloomberg reports, citing two people with knowledge of the discussions. The senior bondholders, including Pimco, Elliott management, BlackRock, Bridge Capital, and Beach Point, have agreed to enter confidentiality agreements with Caesar to begin formal talks, the sources added. Reference Link
15:00 EDTCZRCaesar's engages in talks with bondholders Pimco, Elliott, Bloomberg says
September 5, 2014
11:25 EDTCZRCaesar's in talks on potential sale of Showboat, AP reports
Latitude 360 CEO Brent Brown said he has been in talks with Caesars Entertainment to potentially purchase the former Showboat casino in Atlantic City after Atlantic Properties also publicly expressed interest, reported Associated Press. Reference Link

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