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mgm grand casino vegasGAN 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. Burry was one of the investors profiled in the 2015 hit movie The Big Short. Penn stock retreated yesterday on that news. bicycle casino hotel roomsScion Asset Management, the hedge fund run by Michael Burry, added to its investment in Wynn Resorts (NASDAQ:WYNN) during the second quarter. itical to Atlantic City’s recovery.“We’re hoping, obviously, to get a reprieve from that indoor dining ban,” Lupo continued. 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. big fish casino blue hand

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www.fanduel casino.comBut 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. Scion Asset Management, the hedge fund run by Michael Burry, added to its investment in Wynn Resorts (NASDAQ:WYNN) during the second quarter. Burry was one of the investors profiled in the 2015 hit movie The Big Short. black hawk first casinoAs 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.Scion Asset Management, the hedge fund run by Michael Burry, added to its investment in Wynn Resorts (NASDAQ:WYNN) during the second quarter. GAN Ltd. bellagio casino email

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sycuan casino new years eve“It’s not just about us. itical to Atlantic City’s recovery.“We’re hoping, obviously, to get a reprieve from that indoor dining ban,” Lupo continued. The gaming offering is an offshoot of Penn’s mychoice player rewards progbicycle casino slotsram, which has more than 20 million members.News of the agreement with Penn Interactive is exciting GAN investors, as the stock is higher by more than seven percent at this writing on volume that is poised to eclipse the daily average. GAN Ltd. 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. But it is recouping those losses and then some today.angel of the winds casino tribe

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