4024 stories by Todd Shriber
Station Casinos Wins Regulatory Round in North Las Vegas Casino Effort
Station Casinos recently took another step in its effort to construct a new integrated resort in North Las Vegas. The North Las Vegas Planning Commission signed off on the gaming company’s plan to bring a new casino-hotel to the city. That's despite...
Cosmopolitan Selling Gulfstream Jet for $9M
The Cosmopolitan Las Vegas is selling a corporate jet for almost $9 million. To be precise, the 2002 Gulfstream GIV-SP, parked in Las Vegas, is listed by Colorado-based Mesinger Jet Sales for $8.99 million. Mesinger notes there have been two owners since...
MGM CFO Jonathan Halkyard Sees Convention Biz Improving, BetMGM Progress
MGM Resorts International (NYSE: MGM) could evaluate more acquisitions following the purchase of the LeoVegas online casino. That's while continuing to reward investors via share buybacks, noted CFO Jonathan Halkyard. Halkyard made the comments Tuesday at Deutsche Bank’s 30th Annual Leveraged Finance...
Twitch Updating Betting Policies, Takes Aim at Foreign Internet Casinos
Streaming platform Twitch said today it will update its policy on betting on Oct. 18, taking aim at companies based outside the US that offer dice games, roulette, and slot machines. The company, a unit of Amazon (NASDAQ:AMZN), said its current policy...
Penn Entertainment Stock Supported by Regional Casinos
As the parent company of Barstool Sportsbook and other digital gaming enterprises, Penn Entertainment (NASDAQ:PENN) is often discussed through the lens of online gaming. But one analyst encouraged investors to place more emphasis on the company’s land-based casinos. In a note to...
September Football Hold Setting Up Well for Books, Says Analyst
September football hold for sportsbook operators is setting up nicely, with upsets predictably playing a big part in that equation. In sports wagering, “hold” refers to what sportsbook operators keep as a percentage of every dollar bet. In simple terms, it’s what...
Circa Survivor Pool Further Pared Thanks to Bungling Cincinnati Bengals, Cleveland Browns
Thanks to upsets that victimized a trio of AFC North teams, the roster of Circa Survivor participants still “on the island” following week two of the 2022 NFL season is significantly lower than it was at the start of Sunday’s games. After...
Genting Could Support Struggling Macau Concessionaire
In the days since Genting Malaysia surprised the gaming industry by revealing its application for a Macau gaming license, the prevailing wisdom among analysts is that the company won’t be successful in beating an established incumbent. That doesn’t mean the unit of...
Genius Sports Stock Could Get NFL Lift, Says Analyst
The 2022 NFL season is in full bloom, and Wall Street expects that to be a catalyst for sportsbook equities. Football could also bring needed relief for technology and data providers, such as Genius Sports (NYSE: GENI). Shares of the sports betting...
MGM, Sands Among Citi’s Top Momentum, Quality Ideas
In what’s been a brutal year for growth stocks, it’s not surprising the consumer discretionary sector -- the home of casino equities -- is flailing. Despite those troubles, some analysts are still backing Las Vegas Sands (NYSE: LVS) and MGM Resorts International...
