2024.07.19
clearwater casino hotel deals3 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. (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. 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. riverwind casino video pokerScion Asset Management, the hedge fund run by Michael Burry, added to its investment in Wynn Resorts (NASDAQ:WYNN) during the second quarter. The company runs 41 casinos in 19 states. The US accounts for approximately 80 percent of the technology company’s revenue.Shares of Penn are in rally mode today, too. hollywood casino york pa harrah s casino wilmington defree slots real rewardsGAN Ltd. “It’s not just about us. (Image: WFMZ.com)Penn’s mychoice social casino app will be powered by GAN’s Simulated Gaming software. doubledown fort knox casino freeNews that it’s a client of GAN sparked a big rally in the software stock today. Burry was one of the investors profiled in the 2015 hit movie The Big Short. 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. ameristar casino black hawk jobs scarlet pearl casino resort d iberville mibibippiadmiral casino no deposit bonusThe company runs 41 casinos in 19 states. GAN Ltd. Burry was one of the investors profiled in the 2015 hit movie The Big Short. (Image: USA Today)The investment vehicle, which had 5.2 million in assets under management as of June 30, revealed a significantly larger stake bicycle casino slotsin the Encore operator in a recent 13-F filing with the Securities and Exchange (SEC). Through July, Hard Rock has reported land-based GGR of .2 million. There’s been ample speculation as to what operator GAN could be referring to, and it’s probably not Penn, because the cloud computing software publicly stated that revenue estimate and today’s announcement about the deal with Penn Interactive doesn’t include sales forecasts.Still, Penn is the largest gaming operator to date to select GAN as a software provider. black oak casino pool live casino 2.apk |