4273 stories by Todd Shriber
Lids Brings Flagship Store to Las Vegas Strip
Lids Sports Group, the sports apparel retailer known for its expansive line of hats, is open on the Las Vegas Strip. Situated at 3791 S Las Vegas Boulevard, Lids' Las Vegas Flagship is located near several well-known casino resorts, including Bellagio, Harrah’s...
Casino REITs a Standout in Real Estate Sector
Due in large part to rising interest rates, the real estate sector is sagging. But casino real estate investment trusts (REITs) are shining bright amid a challenging macroeconomic environment. The widely followed FTSE Nareit Equity REITs Index is down 20.31% year-to-date. But...
PointsBet, WynnBET Drop NFL Ad Spending
NFL fans watching games on television this year may notice PointsBet and WynnBET are absent from the fray of sportsbook advertisers. Both companies declined to renew “approved sportsbook operators” status with the league for the 2022 season. Last year, PointsBet and WynnBET...
Macau Likely Sticking with Six Casino Concessionaires
Seven groups -- the six established concessionaires and an entity tied to Genting Malaysia -- have submitted bids for Macau gaming permits. Analysts expect the number awarded will be six, however. The emerging consensus is that gaming regulators in the special administrative...
Wynn Stock Has Double Potential, Says Analyst
Wynn Resorts (NASDAQ:WYNN) was Thursday’s best-performing casino stock, surging 7.48% on volume that was more than double the daily average. That's after an analyst said the shares can nearly double. In a note to clients today, Credit Suisse analyst Benjamin Chaiken restarted...
Disney CEO Bob Chapek Sees Sports Betting in ESPN Future, But Not as Bookmaker
Walt Disney (NYSE: DIS) CEO Bob Chapek reiterated he sees sports wagering in ESPN’s future, but added the sports media entity won’t be directly involved in bookmaking. Chapek made the remarks yesterday at the Goldman Sachs Communacopia + Technology Conference. In response...
Amazon Partnership Could Be Boon for DraftKings Same-Game Parlay Efforts
Earlier this week, DraftKings (NASDAQ:DKNG) announced it’s the official partner of Amazon’s (NASDAQ:AMZN) Thursday Night Football broadcast. At least one analyst says the accord could have meaningful implications for the sportsbook operator’s same-game parlay offerings. Under the accord's terms, the gaming company...
Genting Shocker as Casino Company Throws Hat in Macau Ring
Genting Malaysia stunned the gaming industry with an 11th-hour bid to procure a Macau casino license. The submission period for new concessions in the special administrative region (SAR) closed today. Just hours before the deadline arrived, a woman representing an entity known...
Ader Says Okada Manila US Listing Can Still Happen in 2022
26 Capital (NASDAQ:ADER) CEO Jason Ader says that despite swirling controversy, merger completion and the subsequent US listing are still in the cards for Okada Manila this year. Ader’s firm is the special purpose acquisition company (SPAC) the Philippine integrated resort operator...
Circa Survivor Pool Sheds 56% of Entries in Week One
The first week of the 2022 NFL season was marked by a common theme: Upsets. That had a profound impact on the Circa Survivor landscape. Last Saturday was contestants' final day to enter the famed football contest, and when the closing bell...
