foxwoods resort casino 301 full race(NASDAQ:GAN), the maker of cloud computing software for the gaming industry, is soaring again Thursday after the British company said Penn National Gaming’s (NASDAQ:PENN) Penn Interactive unit is a new client. itical to Atlantic City’s recovery.“We’re hoping, obviously, to get a reprieve from that indoor dining ban,” Lupo continued. But traders are saying it’s not just the GAN news that’s propelling the stock higher.Barstool Sports founder David Portnoy, who speculated on Wednesday that he might have the coronavirus, is reportedly feeling better today. little river casino covid 193 in Atlantic City behind only Borgata (0 million) and Harrah’s .9 million.In the first seven months, Hard Rock commanded a roughly 12.5 percent market share of Atlantic City’s gaming industry. News that it’s a client of GAN sparked a big rally in the software stock today. But it is recouping those losses and then some today.jackson rancheria casino lobster buffet

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hard rock casino events atlantic cityWith that geographic reach, Penn is positioned to capitalize on increased legalization of online casinos and sports wagering.Penn Pops, TooPenn is the 17th US casino operator to license GAN software. (Image: USA Today)The investment vehicle, which had 5.2 million in assets under management as of June 30, revealed a significantly larger stake red stag casino sisterin the Encore operator in a recent 13-F filing with the Securities and Exchange (SEC). GAN Ltd. aliante casino north las vegas nevadaPenn National Gaming headquarters in Pennsylvania. Scion Asset Management, the hedge fund run by Michael Burry, added to its investment in Wynn Resorts (NASDAQ:WYNN) during the second quarter. As Casino.org reported this week, Atlantic City casinos have cut more than 4,200 jobs since the pandemic struck.Hard Rock has slashed its workforce by 393 positions.island resort and casino wedding

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chumba casino payoutThe company runs 41 casinos in 19 states. GAN shares, which are up nearly 23 percent over the past week, jumped to their highest levels since late June on the Penn news.Social gaming can set the stage for live money wagering, and with Wall Street consistently highlighting the opportunities in the internet casino market, it’s not surprising GAN is surging today.Simulated Gaming is a core offering of GAN, which enables casino operators to provide social gaming offerings to players in states in advance of real money iGaming, providing meaningful marketing and revenue opportunities for both operators and GAN,” according to the technology company.Financial terms of the deal weren’t disclosed.Stacking Up DealsSince listing in the US in May, GAN stock is developing a reputation for being positively levered to client acquisition news.For example, the shares surged 7.66 percent on Monday after the company said Cordish Gaming Group debuted the “PlayLive!” online gaming business in Pennsylvania, a product backed by GAN software. Penn National Gaming headquarters in Pennsylvania. “It’s not just about us. Penn stock retreated yesterday on that news. Michael Burry (right), the investor played by Christian Bale (left) in “The Big Short,” added to his Wynn investment. luckyland slots app