5136 stories by Todd Shriber
Rush Street Interactive Mulls Potential Sale, May Have Contacted DraftKings
Shares of online gaming operator Rush Street Interactive (NYSE: RSI) rallied late Thursday on a report that the company is considering a sale and has reached out to multiple suitors, including DraftKings (NASDAQ: DKNG). Citing unidentified sources with knowledge of the situation,...
Washington, D.C. Bill Aims to Broaden Field of Mobile Sports Betting Apps
A Washington, D.C. City Council member introduced legislation that, if approved, would expand the number of mobile sports wagering applications available in the district. Council member Kenyan McDuffie (I-At Large) introduced the Sports Wagering Amendment Act of 2024 on Wednesday. A member...
MGM Contemplates Potential Sale of Massachusetts and Ohio Locations
MGM Resorts International (NYSE: MGM) is rumored to be mulling sales of the operating rights to its regional casinos in Massachusetts and Ohio. Citing unidentified sources with knowledge of the matter, Bloomberg reported the news earlier Wednesday, noting the sources said talks...
MGM Credit Rating Affirmed at Junk Status By Moody’s
MGM Resorts International’s (NYSE: MGM) noninvestment-grade credit rating of “B1” was affirmed by Moody’s Investors Service, which maintained a “stable” outlook on the gaming company’s credit profile. The “B1” grade is four notches into junk territory on Moody’s scale, and bonds with...
Sands CEO Robert Goldstein Offloads $5.23M in Stock Sale
Las Vegas Sands (NYSE: LVS) CEO Robert Goldstein recently sold 100K shares of the gaming company, grossing proceeds of $5.23 million. The sale occurred last Friday and pertained to stock owned by the Robert and Sheryl Goldstein Trust, according to a Form...
BetMGM, Marriott Bonvoy Team Up on Loyalty Points Deal
BetMGM and Marriott Bonvoy, the hotelier’s customer loyalty platform, are teaming up on a program that allows the gaming company’s clients to earn travel rewards. Bettors in the states in which BetMGM is operational can link their accounts with the online sportsbook...
Wynn’s Bold Bet: New York Casino Investment Set to Surpass $6B
Related Companies recently unveiled plans for a $12 billion expansion of Hudson Yards on Manhattan’s West Side. Of that sum, Wynn Resorts’ (NASDAQ: WYNN) proposed casino hotel would carry a price tag of $5.7 billion. That’s assuming the operator is successful in...
Wynn, Encore Lead Las Vegas Casino Rankings, New Properties Make the Cut
Wynn Resorts’ Wynn and Encore were named the top two Las Vegas casinos by a panel of Travel + Leisure experts, and a pair of new additions to the Sin City gaming scene also made the publication’s top 10 list. Topping Travel...
MGM Requests Yonkers Zoning Changes in Hopes of Winning NY Casino License
MGM Resorts International is asking the city of Yonkers, home of the operator’s Empire City Casino, for various zoning changes. The move comes in advance of New York regulators awarding three downstate casino permits. Local law firm DelBello Donnellan Weingarten Wise &...
Boyd Gaming Planning Enhancements at Suncoast Hotel & Casino
Boyd Gaming (NYSE: BYD) announced on Tuesday extensive renovation plans for its Suncoast Hotel & Casino in suburban Las Vegas. Last year, the operator added a new high-limit room and a William B’s Steakhouse to Suncoast. Future enhancements will include a reimagined...
