3961 stories by Todd Shriber
Las Vegas Sands Again Earns Sustainability Index Inclusion
Las Vegas Sands (NYSE:LVS) announced today that its stock is again being included in the Dow Jones Sustainability Indexes (DJSI). To be precise, shares of the largest US casino operator by market capitalization will be included in the DJSI North America Index...
DraftKings Says Nearly 68K Clients Affected in November Hack
A November cyberattack compromised the sensitive data of almost 68K DraftKings customers, the gaming company said in a filing with the Maine Attorney General’s office. Following the incident, DraftKings acknowledged approximately $300K was pilfered from bettors’ accounts and that it would restore...
Hard Rock, VICI Ink Mirage Lease Agreement
As part of its recently completed acquisition of the Mirage on the Las Vegas Strip, Hard Rock International inked a new lease accord for the venue with owner VICI Properties (NYSE: VICI). Under the terms of the agreement, the gaming arm of...
Bally’s Sports Networks Unlikely to Gain Financial Support from Pro Leagues
The financially ailing regional sports networks (RSNs) bearing the Bally’s name are unlikely to garner support from professional leagues. That could increase the probability of bankruptcy for owner Diamond Sports Group. The New York Post reports that Diamond has shopped itself to...
Mets Owner Steve Cohen Plans Public Meeting for Casino Push
Hedge fund billionaire and New York Mets owner Steve Cohen is continuing his push to develop unused land around Citi Field -- plans that could include a casino hotel -- and is inviting the public to make their voices heard. On Monday,...
Nevada Population Could Support Boyd, Red Rock Stocks
Boyd Gaming (NYSE: BYD) and Red Rock Resorts (NASDAQ: RRR) are among the gaming stocks that could benefit from Nevada’s rapid population growth. A recent report by software firm Inspection Support Network named Nevada the third-fastest growing state in the country over...
Macau Concessionaires Planning $13.5B in Nongaming Investments
Macau’s six casino concessionaires will spend $13.5 billion over the next decade, at the behest of the local government, on nongaming amenities. The requirement comes as part of the special administrative region’s (SAR) newly updated gaming regulations and arrived as the operators...
Times Square Casino Plan Gains Broad-Based Support
A controversial plan to bring a casino to New York City’s Times Square gained support from a recently formed group. On Friday, the Coalition for a Better Times Square launched an effort to rejuvenate the entertainment district, endorsing a gaming venue in...
PlayAGS Stock Shaping Up to Be 2023 Redemption Story
Having shed 25.63% of its value this year, PlayAGS (NYSE:AGS) is following other gaming device manufacturers to the downside this year, and is one of the more egregious offenders in the group. That’s not preventing at least one analyst from waxing bullish...
DraftKings Stock not Getting Credit it Deserves, Says Citi Analyst
Coming off a 13.55% loss this week that extends its year-to-date slide to 54%, DraftKings stock is undoubtedly frustrating investors. One analyst sees opportunity amidst the carnage. In a note to clients today, Citi analyst Jason Bazinet said markets aren’t giving the...
