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iBET ETF Insights: The Houston mogul Tilman Fertitta, has just become the second largest shareholder of Wynn Resorts (WYNN) according to SEC filings which show he has built a 6.1% stake, totaling around 6.9 million shares in the company. Hospitality Headquarters Inc. and Fertitta Entertainment were two names listed in…
iBET ETF Insights: As Macau begins to ease tourist visa restrictions for mainland visitors, shares of casino operators are on the rise. Shares of Sands China Ltd. were up 4.4% today to HK$13.70, Wynn Macau Ltd. went up 4.9% to HK$3.29, and Galaxy Entertainment Group Ltd. rose 3.0% to HK$36.25.…
iBET ETF Insights: Nine months into 2022 and casinos in Nevada are already way ahead of lasts years revenue numbers. Analysts have stated that Nevada’s gaming industry is on track to not only beat, but shatter 2021’s $13.4 billion in revenue. The Las Vegas Strip is responsible for more than…
iBET ETF Insights: Ohio is getting closer and closer to their January 1, 2023 launch for online sports betting and operators are getting prepared. Caesars is leading the charge with the recent launch of their Caesars Sportsbook app allowing future bettors to pre-register and deposit their funds into accounts to…
Virginia Sports Betting Numbers Are Up The Virginia Lottery has just revealed the sports betting handle for September and the numbers are up. The handle saw a 30% jump at $411.2 million when compared to August with $284.7 million. The win rate stayed firm as well with a 35% month-on-month…
