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Todd Shriber
5765 stories by Todd Shriber
Red Bull in Mix for Las Vegas NBA Franchise
Red Bull GmbH is looking to expand its sports empire and that could reportedly include acquiring a new NBA franchise, potentially in Las Vegas. Unidentified sources close to the matter told Bloomberg that Red Bull...
Penn Entertainment Pops on Report of $9 Billion Offer by Boyd Gaming
Shares of Penn Entertainment (NASDAQ: PENN) were halted late Thursday and subsequently rallied following a report indicating that Boyd Gaming (NYSE: BYD) may be preparing a takeover bid of more than $9 billion for the...
Sports Betting Taxes: More Coming, but Not In Illinois Style
Illinois recently passed a graduated tax scheme for online sportsbook companies operating in the state, meaning the largest by revenue will pay significantly more taxes than their smaller counterparts. That tax hike, which goes into...
FTC Files Petition to Force MGM Resorts to Comply with Cyberattack Demands
Just days after MGM Resorts International (NYSE: MGM) sued the Federal Trade Commission (FTC) in a bid to block the commission’s demands for records pertaining to the 2023 cyberattack that crippled the gaming company, the...
Wynn Can Self-Fund UAE Casino Resort, Says Analyst
Wynn Resorts (NASDAQ: WYNN) is capable of self-funding its portion of the Wynn Al Marjan Island integrated resort in Ras Al Khaimah, United Arab Emirates (UAE). Earlier this year, the gaming company, which is a...
Nassau County to Hold Hearing on Sands Casino Lease Transfer
Nassau County and Las Vegas Sands will get another shot to rectify issues surrounding the county’s transfer of lease rights on Nassau Hub to the gaming company later this week at a public hearing conducted...
Florida Ruling Could Be Template for California Sports Betting, Says Analyst
On Monday, the United States Supreme Court declined to hear an appeal challenging Florida’s decision permitting the Seminole Tribe to conduct online sports wagering via computer servers located on tribal land. Not only does the...
Bally’s Facing Five Months of Daily Demolition for Chicago Casino
Bally’s (NYSE: BALY) has a lot of work ahead to ready the Freedom Center site to become home to the operator’s permanent Chicago casino hotel. The regional casino company currently has five demolition permits under...
Theater, Women’s Groups Oppose Caesars Times Square Casino
The No Times Square Casino Coalition increased in size on Tuesday with the addition of theater and women’s groups, as well as the Council of Chelsea Block Associations (CCBA). In a statement, the coalition confirmed...
MGM China Said to Be Considering Bid for Thai Casino License
MGM China is reportedly interested in vying for a casino license in Thailand as an avenue for marketing its Macau properties to Thai tourists. Pansy Ho, the co-Chairperson at MGM China, is said to have...
