5448 stories by Todd Shriber
Bally’s Not Rushing Tropicana Redevelopment, Sees Chicago Casino Opening Q3 2026
On its first-quarter earnings conference call Wednesday evening, Bally’s (NYSE: BALY) told analysts it’s not rushing the issue of redeveloping the site of the Tropicana Las Vegas, and that it expects its permanent Chicago casino will open in the third quarter of...
VICI to Provide up to $700M for Venetian Las Vegas Enhancements
VICI Properties (NYSE: VICI) said late Wednesday it will provide up to $700 million in financing for enhancements at the Venetian Resort Las Vegas. That capital will be provided through VICI’s Partner Property Growth Fund strategy and was announced on the day...
MGM Q1 Results Hit Record Helped by Las Vegas, Marriott Partnership
MGM Resorts International (NYSE: MGM) delivered record first-quarter results on Wednesday, helped in part by the operator’s Las Vegas Strip casino hotels and a recently launched points partnership with Marriott International (NASDAQ: MAR). The Aria operator said it generated earnings per share...
Gaming CEOs Mostly Bullish, But See Some Challenges
Gaming chief executive officers (CEOs) are mostly constructive on the near-term outlook for the industry while holding more enthusiastic attitudes about long-term trends. A recent survey by the American Gaming Association (AGA) indicates 94% of gaming CEOs queried view the current business...
Tipico Mulling Sale of US Sportsbook, MGM Rumored Suitor
German sportsbook operator Tipico is reportedly evaluating a sale of its US operations and rumors are circulating that MGM Resorts International (NYSE: MGM) could be a suitor. Tipico is majority owned by CVC Capital Partners and some media reports suggest the private...
Cracks Emerging on Las Vegas Strip Says Analyst
Las Vegas Strip casino hotels have experienced a torrid pace of recovery following the darkest days of the coronavirus pandemic, but there are signs lethargy is setting in. In a note to clients on Tuesday, Deutsche Bank analyst Carlo Santarelli said some...
DraftKings Spent $2.2 Million on Security, Travel for Jason Robins, $61K on Event Tickets
DraftKings (NASDAQ: DKNG) spent more than $2.22 million on air travel and security expenditures for co-founder and CEO Jason Robins in 2023, and the perks the gaming company lavished upon high-ranking executives don’t end there. The $2.22 million the sportsbook operator doled...
Caesars Appoints Kim Harris Jones to Board of Directors
Caesars Entertainment (NASDAQ: CZR) today announced the appointment of Kim Harris Jones to its board of directors. Harris Jones, who has extensive experience as a high-ranking executive in both the consumer discretionary and consumer staples sectors, will be the tenth member of...
Hard Rock, Royal Caribbean Unveil Loyalty Program Agreement
Tribal casino giant Hard Rock International and Royal Caribbean Group on Friday announced a wide-ranging agreement pertaining to members of both companies' travel and leisure loyalty programs. Members of the Unity by Hard Rock, Celebrity Cruises’ Blue Chip Club, and Royal Caribbean’s...
GLPI Execs Say Tropicana Met Usefulness, Interested in Bally’s Chicago
On the real estate company’s first-quarter earnings conference call, Gaming and Leisure Properties (NASDAQ: GLPI) executives signaled the recently Tropicana Las Vegas met its shelf life and the fate of the venue operating as a casino resort wasn’t in the long-term cards....
