5136 stories by Todd Shriber
BlueBet Departing Indiana, US Strategic Review Ongoing
Australian sportsbook operator BlueBet announced on Monday that it's withdrawing from Indiana to focus its attention on other states. The gaming company also reminded investors that a strategic review of its US operations is ongoing. BlueBet gained access to the Indiana sports...
Caesars Add Former Diageo Exec Williams to Board of Directors
Caesars Entertainment (NASDAQ: CZR) today announced the appointment Rodney Williams to its board of directors -- a move that could assist the casino operator’s efforts to better cater to high-end customers. Williams recently resigned as president of Diageo Beer and Diageo Canada...
Flutter Adds Former Disney Exec Who Clashed with Iger to Board
Flutter Entertainment (NYSE: FLUT) today announced the appointments of two new members to its board of directors, one of whom is former Walt Disney (NYSE: DIS) CFO Christine McCarthy. Ms. McCarthy is an accomplished entertainment executive and held several senior leadership positions...
Wynn Resorts Stock Could Rise on High-End Strip Momentum
Data out Wednesday confirm Nevada casinos posted the best May on record in terms of gross gaming revenue (GGR), which checked in at $1.32 billion of which $742 million was attributable to the Las Vegas Strip. At least one analyst believe Wynn...
MGM Online Gaming Efforts Could Be Credit Tailwind
Earlier this week, MGM Resorts International (NYSE: MGM) said that its LeoVegas unit is acquiring the the US iGaming and sportsbook operations of Tipico Group for an undisclosed sum -- a purchase that’s already drawing praise among some analysts. The Tipico buy...
VICI Clings to Investment-Grade Rating with Stable Outlook at Fitch
Fitch Ratings reaffirmed VICI Properties’ (NYSE: VICI) credit grade at “BBB-“ with a “stable” outlook in a report out Thursday. The research firm said the rating -- the lowest on the investment-grade spectrum -- is supported by VICI’s status as one of...
Red Rock Eyes Bigger Casino, More Parking in Durango Expansion
Following a fast start by Durango Casino & Resort in Southwest Las Vegas, operator Red Rock Resorts is already eyeing expansion of the venue, which opened last December. Next week, the Clark County Zoning Commission will consider a request by Red Rock...
SCOTUS Ruling on Florida Sports Betting Not Instructive in California
Last week, the United States Supreme Court declined to hear an appeal challenging Florida’s decision that essentially allows for the Seminole Tribe to maintain a monopoly on online sports wagering activities in the state. That sparked speculation that other states, including California,...
Washington, DC Could Soon Have a Competitive Sports Betting Market
Washington, DC could soon allow multiple operators to conduct mobile sports wagering in the District after City Council member Kenyan McDuffie’s (I-At Large) amendment to broaden the market was included in the council’s proposed budget for fiscal 2025, which was passed Tuesday....
Times Square Casino Group Pledges $250M Community Investment if Awarded License
The group behind a plan to bring a casino hotel to Times Square is reportedly promising $250 million in investments in the neighborhood -- expenditures that are contingent on winning a gaming permit. amNewYork Metro reported Caesars Entertainment, real estate developer SL...
