|Day Low/High||9.04 / 9.16|
|52 Wk Low/High||5.83 / 12.95|
Owner of Caesar's Palace in Las Vegas, VICI Properties CEO Ed Pitoniak still thinks the report is overall good news for the gaming business.
The Nasdaq was the lone major U.S. index to close trading in the green Wednesday.
Time to go over the biggest movers in the market on Wednesday.
Interestingly, 2 of the biggest movers on the Supreme Court allowing increased sports betting were technology stocks.
These names are displaying signs of either bullish or bearish reversal patterns over the past week.
Caesars plans to develop to resorts in the country.
The two gaming companies are expected to top the year ago period's results.
The country is finally on course to approve gaming resorts this year, which is boosting casino stocks in the United States, Macau and Malaysia.
Caesars Entertainment has landed an agreement with creditors, after two years of legal woes.
U.S. stocks slipped Tuesday as investors processed the first presidential debate between Hillary Clinton and Donald Trump on Monday.
Shares of Caesars Entertainment were lower Monday after the company appealed a U.S. Bankruptcy Court ruling.
Caesars shares sink after a judge ruled that it would not be shielded from $11 billion in bondholder lawsuits.
Gaming stocks may have bottomed and could be due for a payout. Consider placing your bets on MGM, Caesars, Boyd and Pinnacle.
In the gaming space, I'd put my money on a Macau rebound and value.
The biggest threat to the casino business could be millennials, according to one expert.
Gaming giant Caesars Entertainment is over-leveraged and in bankruptcy so its shares will most likely become worthless, said George Schultze, CEO of Schultze Asset Management.
As states like Nevada, New Jersey and Delaware recently began legalizing intrastate online gambling, Chris Versace says more casino companies may enter the online gaming environment.