4979 stories by Todd Shriber
U.S. Integrity, Odds on Compliance Form Sports Betting Compliance Giant
U.S. Integrity and Odds on Compliance, two of the largest providers of sports wagering and gaming compliance services, have announced plans to merge. Las Vegas-based U.S. Integrity and Miami-based Odds on Compliance are both closely held companies. Financial terms of the transaction...
MTA Boss Lieber Has Financial Interest in New York Casino Project
John “Janno” Lieber, the chief executive officer of New York’s Metropolitan Transit Authority (MTA), has a stake in a West Side casino plan that’s stoking cries about conflicts of interest. Before joining the MTA as chief development officer in 2017, Lieber spent...
Gaming CEOs Bracing for Imminent, ‘Mild’ Recession
Despite a record-breaking pace of gross gaming revenue (GGR) in Nevada this year, gaming industry chief executive officers are concerned that a recession could hit the US economy and do so as soon as the current quarter. In the American Gaming Association’s...
Las Vegas Sands Stock Reassessed by Analyst Following Stumble
Like the broader complex of gaming equities, Las Vegas Sands (NYSE: LVS) has been mired in a multimonth slump that’s prompting at least one analyst to reassess their views on the largest casino stock by market capitalization. In a note to clients...
Golden Nugget Online Founder Departs DraftKings
Eighteen months after DraftKings (NASDAQ: DKNG) acquired the company he started, Golden Nugget Online Gaming (GNOG) founder Thomas Winter is leaving the gaming operator. Winter founded GNOG a decade ago, overseeing its rise from a privately held bit player in New Jersey...
Dreamscape Brings New Rio Rewards to Las Vegas Casino
Dreamscape Companies, which now operates the Rio Hotel & Casino Las Vegas, has unveiled a new loyalty program for venue customers. Rio Rewards debuted on Monday. With Dreamscape taking over operational control of the casino hotel from Caesars Entertainment, Caesars Rewards cards...
DraftKings, FanDuel Benefit from Taylor Swift-Inspired Kelce Prop Bets
Following two weeks of what feels like nonstop coverage of Kansas City Chiefs tight end Travis Kelce’s new romance with pop star Taylor Swift, football fans are likely tired of Chiefs broadcasts bordering on episodes of Access Hollywood. But sportsbook operators are...
Las Vegas Casino Stocks Can Rebound, Says Analyst
Following brutal performances since early August, some Las Vegas casino stocks are mired in bear markets. Still, at least one analyst believes that weakness will be short-lived as the medium-term outlook for Strip operators remains attractive. In a note to clients today,...
Red Rock Stock Draws Upgrade on Las Vegas Locals Steadiness
Shares of Red Rock Resorts (NASDAQ: RRR) closed modestly higher today after the stock landed an upgrade from a sell-side analyst. In a note to clients today, CBRE analyst John DeCree lifted his rating on the gaming equity to “buy” from “hold”...
Churchill Downs Top Gaming Growth Story, Says Analyst
Churchill Downs (NASDAQ: CHDN) is mired in a slump that’s seen the shares drop 16.08% over the past 90 days. But that tumble belies the company’s compelling growth prospects. That’s the take of Stifel analyst Jeffrey Stantial, who initiated coverage of the...
