4173 stories by Todd Shriber
MGM Resorts Enters Bloomberg Gender-Equality Index
In another sign of the casino behemoth’s ongoing environmental, social, and governance (ESG) efforts paying dividends, MGM Resorts International (NYSE: MGM) Tuesday announced its inclusion in the Bloomberg Gender-Equality Index. The benchmark is a basket of 483 companies that score well in...
Sands Taps Community College as Long Island Training Hub
Las Vegas Sands and Nassau Community College announced a public/private partnership that sets the stage for the school to be the gaming company’s training facility. That's assuming it’s successful in bringing a casino hotel to Long Island. Sands has a track record...
Mohegan Tribal Gaming Authority Halting SEC Filings
The Mohegan Tribal Gaming Authority (MTGA) announced Monday that it will no longer participate in the Securities and Exchange Commission’s (SEC) voluntary filing system. The tribal gaming giant didn’t give a specific reason for why it’s withdrawing from SEC filings. The move...
IRS Could Target Daily Fantasy Sports Winners Under American Rescue Plan
The American Rescue Plan Act (ARPA) was approved by congressional Democrats and signed by President Biden to provide financial assistance to Americans during the earlier days of the coronavirus pandemic. But it could be a drag on some daily fantasy sports (DFS)...
Georgia Voters Strongly Favor Addition of Casino Gaming
In bipartisan fashion, Georgia voters overwhelmingly support the idea of the state adding casinos, and even more believe voters should decide on the matter. A recent Public Opinion Strategies poll conducted via mobile phones queried 800 likely voters in the state. It...
Hawaii State Senate Bill Seeks to Ban Nevada Casino Advertisements
Las Vegas is often referred to as the “ninth island,” underscoring Hawaiians’ affinity for visiting Sin City. But newly proposed legislation wants to ban Nevada gaming companies from advertising in the island state. Senate Bill 935 (SB 935), recently introduced by Sen....
PointsBet, NBC Extend Accord, Eye More Regional Focus
PointsBet (OTC:PBTHF) and NBCUniversal are adding two years to a previously announced five-year sports betting partnership. The broadcast giant is promising to help the sportsbook operator more effectively target its advertising spending. PointsBet USA CEO Johnny Aitken told Axios the two sides...
Century Casinos Could Be Star Among Regional Casino Stocks
With newly acquired venues joining its portfolio, Century Casinos (NASDAQ: CNTY) could post significant earnings growth over the next two years. That’s the call from B. Riley analyst David Bain who, in a note to clients Monday, reiterated a “buy” rating and...
Casino Earnings Could Pave Way for Equity Outperformance
One of the reasons gaming equities struggled in 2022 was analysts paring 2023 estimates, citing a potentially dreary economic outlook. However, casino earnings season could bring pleasant surprises in terms of constructive outlooks for this year from operators. To date, only Las...
Las Vegas Strip One of Most Picturesque Roads in US, According to Survey
The neon lights so prominent on the Las Vegas Strip apparently make for a pretty picture, as the world’s most famous collection of casinos is one of the most-photographed roads by Instagram users. A recent survey by FINN, an automotive retailer focusing...
