5660 stories by Todd Shriber
Macau Casino Stocks Have More Room to Rally, Says Analyst
Macau casino stocks surged last week with the help of monetary easing by the People’s Bank of China (PBOC) and fresh stimulus measures, but one analyst sees more upside ahead for the group. In a...
Thailand Confirms It Wants Global Casino Giants to Bid for Licenses
A Thai finance leader is pushing policymakers to ready casino gaming legislation by the middle of this month, and he’s making clear it should include provisions to allow global companies to bid for licenses in...
MGM Stock Faces Challenges, Still Attractive Long-Term Growth Story, Says Analyst
Shares of MGM Resorts International (NYSE: MGM) are down 11.32% year to date. That’s a dour showing relative to the gains of 20.8% and 12.3%, respectively posted by the S&P 500 and the S&P Consumer...
Sphere Entertainment Stock Surges on Upgrade
Shares of Sphere Entertainment (NYSE: SPHR) soared Wednesday after Wolfe Research upgraded the operator of the Las Vegas entertainment venue. The stock closed higher by 7.25% on volume that was nearly double the daily average...
Gaming Execs Expect Decline in Consumer Activity, Reduced Hiring
Gaming executives are constructive on current conditions in the industry, but more subdued in their outlooks for the next couple of quarters with some forecasting retrenchment in consumer spending. In the latest edition of the...
bet365 Debuts Denver HQ, Plans to Fill 1,000 Jobs
bet365 has selected Denver as its US headquarters and plans to hire nearly 1,000 people in the years ahead in Colorado’s largest city. The UK-based gaming giant already has an office in Denver where about...
Churchill Downs Could Be Boosted by New Derby Projects
Shares of Churchill Downs (NASDAQ: CHDN) could get a lift from the operator’s plans to continue improving its namesake Kentucky racetrack in advance of the Kentucky Derby next May. Truist Securities analyst Barry Jonas recently...
NY Regulator Monitoring Resorts World, Wynn Legal Situations
Resorts World Las Vegas and Wynn Las Vegas recently dealt with legal issues in the US gaming hub and that’s not lost on regulators in New York where the operators of those venues are vying...
Wynn Resorts Stock Extends Rally on Morgan Stanley Upgrade
Wynn Resorts (NASDAQ: WYNN) stock today extended its torrid weekly pace, surging on the back of an upgrade by Morgan Stanley. In a new report to clients, analyst Stephen Grambling boosted his rating on Wynn...
UNLV Turns Away Circa Offer to Keep QB Sluka at School
The University of Nevada-Las Vegas (UNLV) rebuffed a $100,000offer from Circa Resort & Casino to keep quarterback Matthew Sluka at the school. On Wednesday, Sluka announced that he’s going to sit out the remainder of...