5402 stories by Todd Shriber
Times Square Casino Meets Stiff Opposition in New Poll
Residents in the neighborhoods around Times Square strongly oppose the area becoming home to a casino hotel. That's according to a new poll by Tulchin Research. The Times Square casino group is led by Caesars, real estate developer SL Green, and Jay-Z’s...
Las Vegas Gaming Pub Battle Could Fray Family Ties
The Las Vegas Valley is home to hundreds of bars, pubs, restaurants, and taverns at which customers can play keno, slots, and video poker. As the owner of more than 70 such venues, Golden Entertainment (NASDAQ: GDEN) is the dominant operator of...
iGaming, Sports Betting Promotions Not Easing, Claims Analyst
It was widely believed that as the iGaming and online sports wagering industries matured and as analysts and investors demanded tighter focuses on profitability, promotional spending would rationalize. One analyst said that while that’s happening, the extent to which promotional expenditures have...
Nassau Community College Won’t Lobby for Sands Casino
Nassau Community College is paying a lobbying firm, but that doesn’t mean the educational institution will push New York lawmakers to approve a gaming license for Las Vegas Sands at Nassau Hub. State lobbying records indicate the junior college hired Shenker Russo &...
Queens Casino Backers Push Ramos to See Things Their Way
Scores of Queens business owners, civic leaders, and residents gathered at State Sen. Jessica Ramos' (D-Queens) office Monday in an effort to push the legislator to support plans for a new casino in the borough. The gaming venue would be part of...
Emmett Opposes PlayAGS Takeover Bid, Says Brightstar Offer Undervalues Company
Emmett Investment Management, a money manager focusing on mid- and small-cap stocks, penned a letter to PlayAGS (NYSE: AGS) investors on Tuesday telling them they should oppose the $1.1 billion takeover offer floated on May 9 by Brightstar Capital Partners. The board...
Games Global Pulls Plug on IPO, Cites Market Conditions
Games Global, a developer of casino games for the iGaming industry, scrapped plans for an initial public offering (IPO). The move came on Monday, roughly a month after the company filed for its initial stock sale. In a Form F-1 filing with...
Boyd Bounces on New $500 Million Buyback Plan
Shares of Boyd Gaming (NYSE: BYD) delivered a much-needed bounce early Monday after the regional casino operator announced a new $500 million share repurchase program. The Las Vegas-based company said its board of directors approved the buyback plan. Boyd also declared a...
MGM Will Be Held to Host City Agreement in Possible Springfield Casino Sale, Say Officials
Nearly two months ago, reports surfaced that MGM Resorts International (NYSE: MGM) is mulling the sale of its regional casinos in Ohio and Springfield, Mass. Officials in the Massachusetts city said they intend to hold the gaming company to the terms of...
Golden Entertainment Sees Buybacks Preferable to Nevada Acquisitions
Golden Entertainment (NASDAQ: GDEN) dramatically reduced debt while announcing its first-ever quarterly dividend. Such efforts, including share buybacks, could be the casino operator’s preferred avenues for returning capital to shareholders rather than acquiring gaming venues in Nevada. Last month, the Strat operator...
