4977 stories by Todd Shriber
New York Provides Answers to Initial Batch of Downstate Casino Inquiries
In an expansive, 103-page document released Wednesday, the New York State Gaming Commission (NYSGC) and the Gaming Facility Location Board (GFLB) answered hundreds of questions submitted earlier this year by entities vying for one of three downstate casino licenses. The answers addressed...
ESPN’s Daily Wager Says Adios to Las Vegas
ESPN’s “Daily Wager” betting program is leaving Las Vegas and will commence broadcasting from the network’s Bristol, Conn. headquarters on Thursday, Sept. 7. The sports network made the announcement earlier today. “Daily Wager,” which airs on ESPN2, has broadcast from a 6,000-square-foot...
Peter Luger Caesars Palace Opening Slated for Nov. 1
The Caesars Palace location of Peter Luger, the storied New York steakhouse, is scheduled to open on Wednesday, November 1. Caesars and Peter Luger announced the Las Vegas location in January 2022, and there was some hope then that the eatery would...
‘Friends’ Reruns Prime Targets for Sports Betting Commercials
“Friends” and “South Park,” two staples of 1990s pop culture, are among the nonsports television shows featuring the most impressions from sportsbook advertisers. In the first six months of this year, sports wagering ad placements on “Friends” reruns and on “South Park”...
Caesars, MGM Among Casino Stocks that Can Shake August Slumps
The S&P 500 entered Wednesday with a month-to-date loss of 1.6%, far worse than the index’s average August performance over the prior decade. This month, travel and leisure stocks, including some widely followed casino equities, were among the most repudiated names. After...
Bet365 Approved for Arizona Sports Wagering License
Bet365’s U.S. expansion is continuing, as the operator was awarded a sports betting license in Arizona. The Arizona Department of Gaming (ADG) made the announcement on Tuesday. In late June, ADG said it would open bidding for three new sports wagering permits...
Gaming and Leisure Pays $100M for Hard Rock Rockford Real Estate
Gaming and Leisure Properties (NASDAQ: GLPI) announced Tuesday that it’s paying $100 million for the real estate associated with the Hard Rock Casino development in Rockford, Ill. The gaming real estate investment trust (REIT) acquired the property from an affiliate of 815...
Bellagio Stake Sale Could Bode Well for Caesars, VICI, Says Analyst
Blackstone’s (NYSE: BX) Blackstone Real Estate Income Trust (BREIT) recently announced the sale of a 21.9% interest in the property assets of Bellagio on the Las Vegas Strip to Realty Income (NYSE: O) for approximately $950 million. That price point implies the...
Sporttrade Lands Colorado License
Sports betting exchange operator Sporttrade last week received a temporary sports betting internet operator permit from the Colorado Limited Gaming Control Commission (CLGCC). That paves the way for the company to offer its exchange services in the state. Colorado joins New Jersey...
MGM Applauds Commerce Secretary’s China Visit
U.S. Commerce Secretary Gina Raimondo is kicking off a four-day trip to China to discuss trade and tourism with officials in the world’s second-largest economy. MGM Resorts International (NYSE: MGM) lauded the move. MGM controls about 56% of MGM China, which runs...
