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The Latest Breaking News from Global Gaming

Markets Today: Stocks Higher as Bond Yields Fall on Jobless Claims Surge

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are up +0.03%, and June Nasdaq 100 E-Mini futures (NQM2 3) are up +0.16%. U.S. stock index futures this morning recovered from overnight losses and posted modest gains after bond yields fell when weekly U.S. jobless claims jumped to...

Barchart · Jun 8, 2023

3 Cheap Mid-Cap Stocks That Yield More Than 4%

As the inflationary environment and recession concerns could keep the overall stock market under pressure, it could be wise to bet on quality mid-cap stocks New Residential Investment (NRZ), International Game Technology (IGT), and Kohl's Corporation (KSS). These stocks yield more than 4% and are currently trading at discounts to…

StockNews.com · May 19, 2022

Why IGT Shares Are Surging Today

International Game Technology (NYSE:IGT) reported first-quarter FY22 revenue growth of 4% year-on-year to $1.05 billion, above the consensus of $1.04 billion. Revenue from Global Lottery fell 9% Y/Y to $680 million, Global Gaming rose 42% Y/Y to $325 million, and Digital & Betting increased 24% Y/Y to $47 million. The operating margin contracted…

Benzinga · May 10, 2022

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2 Gambling Stocks to Buy, 2 to Avoid

The gambling industry is expected to thrive in the post-pandemic environment due to the tourism industry's rebound and rising disposable income. Furthermore, online gambling and sports betting are becoming extremely popular due to advanced technologies and added convenience. Given this backdrop, we think the stocks of fundamentally sound companies Full…

StockNews.com · Apr 28, 2022

IGT Inks Patent Cross-Licensing Agreement With Aristocrat Leisure

International Game Technology PLC (NYSE:IGT) has signed a broad patent cross-licensing agreement with Aristocrat Leisure Limited, including patents related to game features and remote game server (RGS) technologies. The financial terms of the deal were not disclosed. Under the agreement, IGT will be able to offer licenses to the companies' combined game features and…

Benzinga · Apr 13, 2022

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