BYD benefits from increased visitation and robust performance across its Las Vegas and Midwest & South segments.
Nvidia's strong financial results are driven by growing demand for data center equipment, with supply expected to remain tight. Gaming segment shows robust demand despite market weaknesses, outperforming competitor AMD, prompting an upward revision of revenue forecasts for 2025 and 2026. Increased EBITDA forecasts for Data Center, Gaming, and Automotive Solutions segments lead to a revised target price of $161 and a buy rating.
CRSR is set to boost its product range and expand market reach with the acquisition of the Fanatec Sim Racing brand, located in Germany.
Morgan Stanley's upgrade of Boyd Gaming to overweight with a 23% upside and a $74 PT is well-timed, driven by strong online revenue gains. BYD's strategic 2020 deal with FLUT for FanDuel access has proven highly beneficial, enhancing its market position and financial stability. Despite some softness in the Las Vegas locals market due to new competition, BYD's overall regional performance and online growth remain robust.
DETROIT, MI / ACCESSWIRE / September 13, 2024 / Atlantis Gaming Corporation ("AGC" /"Atlantis")(OTC PINK:ATIG) In a landmark moment that could signal the beginning of a new era for Atlantis Gaming Corporation (AGC), the company has achieved its first-ever profit. This milestone follows AGC's strategic acquisition of Lahser 6 Apartments in Detroit Michigan, marking a leap forward in the company's trajectory.
Core content licensing revenue growth of 28% £5.8m Adjusted EBITDA1 (46% growth excluding brand licensing) and a 51% increase in profit before tax to £3.5m LONDON, UNITED KINGDOM / ACCESSWIRE / September 11, 2024 / Gaming Realms plc (AIM:GMR), the developer and licensor of mobile focused gaming content, is pleased to announce its interim results for the six months to 30 June 2024 (the "Period" or "H1'24"). Financial highlights: H1'24 H1'23 Change?
The boom in sports betting in the US was a key theme for Gaming Realms PLC (AIM:GMR, OTCQX:PSDMF), which landed a slew of deals with American operators. A creator of mobile content for the industry, the group inked agreements with Fanatics and FanDuel and landed an iGaming licence in West Virginia.
BYD's commitment to reinvesting in its properties and expanding its portfolio bode well. However, elevated expenses is a concern.
BofA Securities analyst Vivek Arya maintained a Buy rating on Nvidia Corp NVDA with a price target of $165.
DETROIT, MI / ACCESSWIRE / August 29, 2024 / Atlantis Gaming Corporation (AGC/ATLANTIS)(OTC PINK:ATIG) is shaking up the gaming industry with a unique "Real-Life Monopoly" acquisition strategy, spearheaded by real estate veteran Herb Strather. Strather, whose impressive career boasts over $2 billion in closed real estate transactions, is leading AGC's aggressive expansion into real estate.
LOS ANGELES, CA / ACCESSWIRE / August 20, 2024 / Greenlite Ventures, Inc (OTC Pink:GRNL) has announced the signing of an Asset Purchase LOI with Grin Gaming (GRIN) subject to a 30-day due diligence and a definitive agreement. GRIN has been working with top venture firms in the US to build AI driven in-play micro markets and player prop pricing engines applicable to both parimutuel and peer-to-peer markets.
Experiential real estate has become popular due to the threat of e-commerce. These properties are unique and offer experiences that cannot be duplicated online. Gaming-focused REITs like Gaming and Leisure Properties, VICI Properties, and Realty Income have strong balance sheets, positive growth outlooks, and remain attractively valued.