2024.07.18
soaring eagle casino ice cube“It’s not just about us. (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. With 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. nearest casino from my current locationGAN 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. 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.(Image: USA Today)The investment vehicle, which had 5.2 million in assets under management as of June 30, revealed a significantly larger stake hollywood casino minimum betin the Encore operator in a recent 13-F filing with the Securities and Exchange (SEC). clearwater casino gas station hollywood casino diningmgm grand casino phone numberGAN Ltd. Scion Asset Management, the hedge fund run by Michael Burry, added to its investment in Wynn Resorts (NASDAQ:WYNN) during the second quarter. (Image: WFMZ.com)Penn’s mychoice social casino app will be powered by GAN’s Simulated Gaming software. table games at saracen casinoHe was portrayed by Christian Bale.Scion established positions in Wynn and Las Vegas Sands (NYSE:LVS) in the first quarter, as the stocks were drubbed first by a 15-day shutdown of gaming properties in Macau — the most vital market for each operator — and then a multi-month closure of their Las Vegas venues because of the coroThat was after the shares jumped 12.65 percent four days earlier, when GAN discussed the deal at an investor conference.In June, the company teased investors with talk of a “tier one” client that could mean 0 million to 0 million in annual revenue.hollywood casino minimum bet Scion Asset Management, the hedge fund run by Michael Burry, added to its investment in Wynn Resorts (NASDAQ:WYNN) during the second quarter. jamul casino win lob statement roulette casino imageskansas star casino america concertNews that it’s a client of GAN sparked a big rally in the software stock today. Michael Burry (right), the investor played by Christian Bale (left) in “The Big Short,” added to his Wynn investment. That was after the shares jumped 12.65 percent four days earlier, when GAN discussed the deal at an investor conference.In June, the company teased investors with talk of a “tier one” client that could mean 0 million to 0 million in annual revenue.hollywood casino minimum bet That was after the shares jumped 12.65 percent four days earlier, when GAN discussed the deal at an investor conference.In June, the company teased investors with talk of a “tier one” client that could mean 0 million to 0 million in annual revenue.hollywood casino minimum bet Michael Burry (right), the investor played by Christian Bale (left) in “The Big Short,” added to his Wynn investment. The US accounts for approximately 80 percent of the technology company’s revenue.Shares of Penn are in rally mode today, too. zev casino no deposit bonus free slots to play |