Tropicana Entertainment Inc. (TPCA) - OTCQB
  • Dec. 30, 2015, 9:24 AM
    • The elevated level of consolidation in the gaming sector is expected to continue in 2016 as companies look to scale up amid margin pressure.
    • Analysts think 888 Holdings (OTCPK:EIHDF) and William Hill (OTC:WIMHF, OTCPK:WIMHY) could rekindle their merger talks.
    • Betsson (OTCPK:BTSNF) is seen combining with Malta-based Unibet.
    • Mega-mergers are given a longer shot by analysts despite persistent chatter over Wynn Resorts (NASDAQ:WYNN), MGM Resorts (NYSE:MGM), and Las Vegas Sands (NYSE:LVS). Some names to watch for M&A buzz include Full House Resorts (NASDAQ:FLL), Amaya (NASDAQ:AYA), Tropicana Entertainment (OTCQB:TPCA), Entertainment Gaming (NASDAQ:EGT), Eldorado Holdings (NASDAQ:ERI), Ladbrokes (OTCPK:LDBKY), Boyd Gaming (NYSE:BYD), Isle of Capri (NASDAQ:ISLE), and Golden Entertainment (NASDAQ:GDEN). A wildcard in the mix is Caesars Entertainment (NASDAQ:CZR) which is mired in legal quagmire, but has some strong properties in its stable if it can clear bankruptcy intact.
    • Place your 2016 gaming merger bet in the comment stream.
    • Related ETF : BJK.
    | Dec. 30, 2015, 9:24 AM | 6 Comments
Company Description
Tropicana Entertainment Inc. owns and operates eight casinos and resorts in Indiana, Louisiana, Mississippi, Missouri, Nevada, New Jersey and Aruba. The Company owns approximately 5,500 rooms, 8,000 slot positions and 300 table games. The company is based in Las Vegas, Nevada.
Sector: Services
Industry: Personal Services
Country: United States