Latest News
Graham Capital lowers stake in Caesars Entertainment
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Graham Capital Management Lp has reduced its stake in Caesars Entertainment Corporation (CZR) by 95.71 per cent, after investors sentiment of the latter lowered to 1.01 in 2018 Q1. As many as 49 investors sold CZR shares and 73 investors reduced holdings.
The investors of CZR include Deroy & Devereaux Private Investment Counsel, Athena Advsr Lc, Thompson Siegel And Walmsley Ltd Llc and Morgan Stanley. Graham Capital Management Limited Partnership now owns 0.05 per cent invested in CZR for 76,336 shares.
Graham Capital Management Lp sold 1.70M shares of CZR as the company’s stock declined 5.30 per cent with the market. The hedge fund held 76,336 shares of the hotels and resorts company at the end of 2018Q1, valued at $859,000, down from 1.78M at the end of the previously reported quarter. Graham Capital Management had been investing in CZR for a number of months, but now the company seems to be less bullish one the $7.16B market cap company.
Graham Capital Management Lp, which manages about $16.17 billion and $1.87 billion US Long portfolio, upped its stake in At&T Inc by 131,982 shares to 200,000 shares, valued at $7.13M in 2018Q1. It also increased its holding in Apple Inc (Put) by 114,024 shares in the quarter, for a total of 119,800 shares, and has risen its stake in Apple Inc.
Analysts await CZR to report earnings on November, 7. They expect $-0.01 EPS, up 99.16 per cent or $1.18 from last year’s $-1.19 per share. After $0.04 actual EPS reported by CZR for the previous quarter, Wall Street now forecasts −125.00 per cent negative EPS growth.
Source: Latest News on European Gaming Media Network
Latest News
FUN88 Introduces USDT Payments for Faster, Safer and More Rewarding Gaming
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FUN88, a leading platform in igaming and sports entertainment, announced the launch of USDT (Tether) as a new payment option. This addition provides users with a faster, more secure way to manage funds, ensuring smooth transactions from deposits to withdrawals. Supported by major exchanges like Binance, USDT enhances the FUN88 experience with speed, reliability and convenience.
Key Benefits of Using USDT on FUN88:
• Reliable Protection: Secure transactions, keeping the financial information private and safe.
• Fast Transactions: USDT enables instant deposits and withdrawals.
• Stable Value: Tether is tied to the US Dollar, offering a stable and predictable payment method, free from price fluctuations.
• Global Use & 24/7 Availability: USDT is accepted worldwide and available for transactions at any time, offering unlimited deposit limits.
The FUN88 KYC process follows strict anti-money-laundering policies, ensuring a safe and fair environment for all players.
FUN88 offers a secure and engaging experience with simple registration, the FUN88 app and rewarding gameplay. New players can enjoy attractive benefits, including a welcome bonus. With the integration of USDT as a payment option, FUN88 ensures a fast, secure and exciting journey for all players- from sign-up and first deposit to withdrawals.
The post FUN88 Introduces USDT Payments for Faster, Safer and More Rewarding Gaming appeared first on European Gaming Industry News.
Latest News
EGT Digital Receives Industry Impact Award at BEGE Awards 2025
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EGT Digital is proud to announce that the company has been honored with the Industry Impact Award at the BEGE Awards 2025. This special recognition celebrates our strategic influence, long-term vision, and contribution to the advancement of digital gaming technologies.
The award acknowledges EGT Digital’s commitment to innovation, the development of next-generation iGaming solutions, and our continuous efforts to shape the future of the industry.
This milestone reaffirms our position as a driving force in digital gaming and motivates us to continue delivering high-performance products, meaningful partnerships, and cutting-edge experiences to operators and players worldwide.
The post EGT Digital Receives Industry Impact Award at BEGE Awards 2025 appeared first on European Gaming Industry News.
Latest News
POKERSTARS GALACTIC SERIES PAYS OUT MORE THAN €8 MILLION TO FRENCH, SPANISH AND PORTUGUESE PLAYERS
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Series and Main Event both exceed their guarantees
PokerStars’ has once again smashed expectations in Southern Europe, with the Galactic Series, one of its most popular series for players in France, Spain and Portugal, generating an €8 million prize pool, over €1 million above the guarantee. The prize pool was shared out across 261 events and more than 343,000 entries. The highlight of the series was the Main Event that paid out €365,025 to players across the three weeks.
GALACTIC STAR BATTLES FOR SILVER AND GOLD PRIZES
Throughout the series, players had the chance to get their hands on additional Silver and Gold Passes by opting-in to the Galactic Stars Battle. Players opted in for a PokerStars Ambassador, and all those who chose to support the leading Ambassador each week being entered into a freeroll to win a Silver Power Pass.
In Spain, captains ‘WilloelPillo’ and ‘and1ero’ saw a similar pattern. Willo was victorious in weeks one and three with 327,805 and 250,763 points respectively while Álex ‘and1ero’ Romero took the advantage in week two with 318,631 points and Esteban ‘estiwinho’ Pascual couldn’t reach the top spot in any week.
Silver and Gold Passes can be redeemed as entries to a range of PokerStars Live events throughout the year, including marquee stops at the European Poker Tour (EPT) and the PokerStars Open, which debuted this year and have provided players across Europe with world class poker at accessible price points with lively, grassroots-style atmosphere and entertainment. Closing out the season, EPT Prague starts December 3 and runs until December 14, and will be followed by PokerStars Open Cannes on December 16. Players with Gold or Silver Passes can redeem them for entries at both of these events.
“Once again, we’ve seen players from all over France, Spain and Portugal come together to enjoy the Galactic Series”, said Sandro Forleo, Head of Poker Operations for Southern Europe and Italy at PokerStars. “Our Mega Mystery events, where bounties can be won as soon as late reg closes, proved especially popular and continued to offer something new and enjoyable to players at all experience levels.”
The post POKERSTARS GALACTIC SERIES PAYS OUT MORE THAN €8 MILLION TO FRENCH, SPANISH AND PORTUGUESE PLAYERS appeared first on European Gaming Industry News.
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