2024.07.18
casino f bAs 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.3 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. GAN Ltd. online casino australia no deposit bonus 2021GAN 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. Through July, Hard Rock has reported land-based GGR of .2 million. (Image: WFMZ.com)Penn’s mychoice social casino app will be powered by GAN’s Simulated Gaming software. oxford casino check out time go wild casinolake tahoe casino hotels mapMichael 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.royal ace casino apk download The company runs 41 casinos in 19 states. three card poker casino gamesThere’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. “It’s not just about us. News that it’s a client of GAN sparked a big rally in the software stock today. choctaw casino 18+ online casino no deposit bonus free spins australia 2020mgm casino michiganThe gaming offering is an offshoot of Penn’s mychoice player rewards progroyal ace casino apk downloadram, 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. 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.Through July, Hard Rock has reported land-based GGR of .2 million. 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.Penn stock retreated yesterday on that news. fanduel casino or fetch bellagio casino credit |