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Casino Operators Face Limited Near-Term Debt Maturities

Running casinos is a capital-intensive business, which explains why so many operators carry substantial debt burdens. But the good news is that many of the largest names in the industry aren’t facing significant near-term maturities. In a recent report to...

Todd Shriber September 4, 2024

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Star Entertainment, bailout, tax relief, Queens Wharf, Star Sydney

Star Entertainment in Disarray, Begs for Bailout

Embattled Australian casino operator Star Entertainment is desperately seeking a short-term cash injection to stave off financial difficulties that are threatening the operation of...

Philip Conneller September 4, 2024
Flutter FanDuel

Flutter Entertainment Praised in New Coverage by Morningstar

Flutter Entertainment (NYSE: FLUT) won kudos in new coverage by Morningstar, with the research firm lauding the gaming company’s capital allocation, in-house product development,...

Todd Shriber September 3, 2024
DraftKings

DraftKings Insiders Liberman, Robins Dump More Than $10M in Stock

Stock sales by high-ranking DraftKings executives (NASDAQ: DKNG) continue at a brisk pace with co-founders Paul Liberman and Jason Robins disposing of more than...

Todd Shriber August 27, 2024