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Buy US-listed casino and copper stocks to capitalize on China stimulus, research firm says

Gaming and copper equities have outperformed since China's stimulus blitz, and are likely the safes…

Kelly Cloonan   


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Meet the 29-year-old son of a casino billionaire who just took his influencer and esports company public

Ho's stake in the newly-public company is worth nearly $70 million. Bloomberg estimates his family'…

Lian Kit Wee   


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Here's where investors worried about a stock market bubble should put their money, according to a top economist

Here's how nervous investors should position their portfolios, according to an economist who thinks…

Jennifer Sor   


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Hedge fund billionaire David Tepper says he's loading up on Chinese stocks after the nation's stimulus bazooka

"Obviously this is incredibly good for very undervalued Chinese equities, especially when the gover…

Matthew Fox   


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Las Vegas casino stocks are flirting with a bear market. That might be a sign an economic downturn is coming.

Top investors like Jim Chanos have touted spending on the Las Vegas strip as a potential economic i…

George Glover   


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Taxing times persist for Delta Corp as ace investor Ashish Kacholia sells shares

Delta Corp has been under pressure in the past six trading sessions with the stock sliding more tha…

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Why one economist says Elon Musk has turned Tesla into a meme stock

"From the standpoint of Wall Street speculators, it is a bouncing ball in a roulette wheel: a tech-…

Filip De Mott   


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Jim Chanos is betting against battered US casino stock Wynn as Macau's crackdown kicks in, saying it's 50% overpriced

Wynn is one of several casino operators in Macau that face tighter obligations under China's recent…

Shalini Nagarajan   


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Trump Media stock soars 59% after Truth Social parent adopts 'DJT' ticker symbol

Donald Trump can't sell his multibillion-dollar stake in Truth Social until a six-month lockup peri…

Matthew Fox   


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Casino stocks slide for a 2nd day as China enclave of Macau launches review of gambling industry

The Macau gambling review will include rules about licenses and a proposal for direct government su…

Carla Mozée   


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Warren Buffett calls out stock-market gamblers and honors the late Charlie Munger in his annual letter

Warren Buffett's annual letter slammed speculators who buy "hot stocks" like "lottery tickets." He …

Theron Mohamed   


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Shalini Nagarajan   


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The Delta coronavirus variant will hit the reflation trade in the casino-like stock market, says top analyst David Rosenberg

Rising Delta-variant COVID-19 cases and a reduction in fiscal stimulus will create headwinds for th…

Harry Robertson   


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The meme-stock frenzy has turned markets into a 'casino society,' says billionaire businessman Barry Sternlicht

It's "a complete, total speculative bubble," the Starwood Capital chief executive officer said on C…

Natasha Dailey   


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Warren Buffett's $168 billion cash pile signals he expects stocks to slide and a recession to strike, says top economist Steve Hanke

Warren Buffett's Berkshire Hathaway increased its cash hoard by $60 billion in 15 months, suggestin…

Theron Mohamed   


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'Big Short' investor Michael Burry blasts trading apps, calls Robinhood a 'dangerous casino'

Burry criticized apps that turn investing into a game and sell their order flows to Wall Street fir…

Theron Mohamed   


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Delta Corp shares tank 25%, Nazara Tech down 4% after GST hit on online gaming

Shares of Delta Corp fell as much as 25 % on Wednesday after the imposition of 28% GST on online ga…

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Sensex, Nifty trade flat after starting in top gear; gaming stocks crash

The BSE Sensex and the NSE Nifty both started positively in early trade on Wednesday, but shortly a…

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MGM and Caesars rise as Morgan Stanley upgrades the casino operators on strong outlook for Las Vegas recovery

Shares of MGM Resorts and Caesars Entertainment rise as Morgan Stanley sees big earnings potential …

Carla Mozée   


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4 mins read

India is betting on casinos, online games and horse races to fill its coffers

Online betting, gambling, casinos and horse racing have long been treated ‘unfairly’ by the Indi…