5449 stories by Todd Shriber
Tropicana Plans 2024 Demolition if MLB’s A’s Proceed with Las Vegas Move
Demolition for the Tropicana Las Vegas casino hotel could happen as soon as late 2024. That's if the Oakland Athletics (A’s) proceed with their move to Sin City. That timeline coincides with the expiration of the team’s lease on its current ballpark...
Caesars, MGM Hackers Often Resort to Extortion, Threats of Violence, Says Microsoft
“Scattered Spider,” the cyber threat actors who recently hacked Caesars Entertainment and MGM Resorts International, have ties to a broader group of cyber bandits known as “Octo Tempest” that's known for extorting and threatening victims with violence. A new report by Microsoft...
Georgia Best Hope on 2024 Sports Betting Legislative Calendar
This year has brought some pleasant surprises on the sports betting legislative front, namely in Kentucky and North Carolina approving mobile sports wagering. Next year’s prospects appear considerably dimmer. With 2024 right around the corner, it appears that among mid-sized to large...
Underdog Fantasy, Warner Bros. Could Be Eyeing Sports Betting Entries
With Bet365 gaining share in select states, Fanatics on the scene, and Penn Entertainment’s ESPN Bet readying a November debut, the question on the minds of some sports betting industry observers is, “Who’s next?” As in, what companies will be next to...
UFC Owner Endeavor Group in Talks to Be Taken Private
Shares of Endeavor Group Holdings, Inc. (NYSE: EDR) surged 22.57% in Wednesday’s after-hours trading session. That's after venture capital firm Silver Lake said it’s exploring strategic alternatives with the parent company of the Ultimate Fighting Championship (UFC), including taking it private. Silver...
VICI Properties Boosts 2023 FFO Guidance
VICI Properties Inc. (NYSE: VICI), the largest U.S. casino landlord, raised its full-year funds from operations (FFO) guidance late Wednesday following its third-quarter earnings report. The owner of Caesars Palace lifted its 2023 FFO forecast to $2.14 to $2.15 a share from...
Gaming and Leisure Properties May Boost Tropicana Stadium Commitment
Gaming and Leisure Properties (NASDAQ: GLPI) previously said it will commit $175 million in financing for a baseball stadium at the site of Tropicana on the Las Vegas Strip. However, an analyst who covers the company believes that the figure could move...
Zero Bond, New York Social Club, Opening at Wynn Las Vegas
Zero Bond, the famous New York City social club, is expanding beyond its home city, announcing a partnership with Wynn Resorts to bring the club to Wynn Las Vegas. Zero Bond will be the lone members-only club at Wynn Las Vegas. The...
MGM, Wynn Highlighted as Travel, Leisure Stock Winners
On a day of broad-based strength for gaming equities, MGM Resorts International (NYSE: MGM) and Wynn Resorts (NASDAQ: WYNN) were two of the standouts after a sell-side analyst waxed bullish on travel and leisure stocks. In a note to clients on Monday,...
DraftKings, Fanatics, FanDuel Unlikely to Debut in Nevada Anytime Soon
Leading online sportsbook operators FanDuel and DraftKings, and upstarts such as Fanatics, are unlikely to enter Nevada anytime soon. That's signaling reluctance to embrace the state’s in-person registration requirement for mobile sports betting accounts. As measured by handle, Nevada has been surpassed...
