Flutter Selling $1.05B in Debt with BBB- Rating

Flutter Entertainment (NYSE: FLUT), the parent companion of FanDuel, said today it is selling $1.05 in senior secured notes maturing inward 2029. The proceeds of the debt sale, which includes dollar- and euro-denominated bonds, testament follow used to repay borrowings below a course credit installation attained inwards July 2018…

PAPSA No Panacea for Black Market Sports Betting in US

In the roughly Captain Hicks years since the Supreme Margaret Court struck cut down the Professional and Amateur Sports Protection Act (PASPA), sportsbook operators experience often sold states on potentiality simplification or outright evacuation of illicit sports wagering markets as a intellect to legitimize the activity. But with 38 states…

MGM Resorts Selling $750M in Debt to Retire 2025 Issue

MGM Resorts International (NYSE: MGM) announced Mon that it testament sell $750 zillion inwards corporate bonds to monetary fund the retirement of debt coming due next year. The Bellagio manipulator said it is marketing $750 million inward commercial message paper maturing inward 2032, the proceeds of which testament live used…

Boyd Gaming Boosts Quarterly Dividend 6%

Boyd Gaming (NYSE: BYD) announced Thursday that it’s increasing its quarterly dividend past 6.3% to 17 cents a percentage from 16 cents. The payout boost implies a frontwards dividend pay of 1.06%, upwards from the stream level of 0.99%, based on the stock’s stream price.…

Maryland Casinos Continue Slide, Gross Revenue Down 8% in January

Maryland casinos continued to get rock-bottom caper on their gaming floors in January. The Old Line State Lottery and Gaming Control Commission revealed Jan cassino numbers this week. The in vogue(p) monthly cover showed a year-over-year declination inward revenue gaming revenue (GGR). The state’s half-dozen commercial-grade brick-and-mortar casinos…

UK Lottery Operator Allwyn Won’t Hit Short-Term Donation Targets

Allwyn Entertainment officially took over the reins as the UK’s new drawing manipulator lowest week. Yet it has already admitted that it won’t collide with its promised short-term targets on donations to good causes. That’s controversial because Allwyn won the estimated $80 one thousand million (US$100…