Apparently the market did not like the Pickelball announcement from Slinger. I agree stick to tennis. Connexa Sports Technologies Inc. (CNXA) NasdaqCM - NasdaqCM Real Time Price. 2.1700-0.7700(-26.1905%)<-------------- At close: October 6 04:00PM EDT
LAS VEGAS — Casino company Caesars Entertainment on Thursday joined Las Vegas gambling rival MGM Resorts International in reporting that it was hit by a cyberattack, but added in a report to federal regulators that its casino and online operations were not disrupted.Sep 15, 2023 Caesars, based in Reno, is widely reported to have paid $15 million of a $30 million ransom sought by a group called Scattered Spider for a promise to secure the data.
Las Vegas Culinary Union workers keep the Las Vegas Strip properties owned by Caesars Entertainment, MGM Resorts International and Wynn Resorts (WYNN) - Get Free Report running. The union's 53,000 members do everything from customer-facing jobs like waiters and bartenders to behind-the-scenes workers including the people who clean hotel rooms. The union has been negotiating with every major player on the Las Vegas Strip as well as the biggest downtown Las Vegas names. So far, the union and the three largest employers on the Strip, MGM Resorts (MGM) - Get Free Report, Caesars and Wynn Resorts, have gone through multiple rounds of negotiation with no deal being reached.
That brings us to the cleanest name in gaming./ No hack that I can find. No dealing with the Vegas Union... CHDN Churchill Downs Incorporated @$112 $111.88 0.27(+0.24%)4:00 PM 10/06/23 NASDAQ |$USD |Post-Market:$112.56+0.68(+0.61%)7:51 PM
The trade netted 1.42 (14.20 post split). Yeah it was a home run but looks better that it was due to GME getting crushed post conversion. The takeaway was that the arb predicted the open for GME at $14 (I stated it pre-split/conversion). I was betting on the new class of GME opening at 14.xx as the arbitrage implied it. I had no skin in the game at that point as my APE converted to the new class and the synthetic short was crossed. The class arb required buying the conversion asset and shorting the synthetic in natural GME. It was efficient in a PM-account but the APE complicated the haircut required as it wasn’t considered a true option conversion. It was more of a risk-arb transaction in terms of haircut.