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Todd Shriber
5664 stories by Todd Shriber
Caesars Could Sell Indiana Casino Real Estate This Year
Reducing one of the gaming industry’s largest debt burdens remains a top priority for Caesars Entertainment (NASDAQ: CZR), and that objective could be assisted by divesting the real estate of a pair of Indiana casinos....
Venetian Las Vegas Rolling Out New Loyalty Program
The Venetian Resort Las Vegas will soon launch Venetian Rewards, a new customer loyalty program that will replace Grazie Rewards. Venetian Rewards is slated to debut in March, though an exact date wasn’t given. The...
Genting Singapore Could Be Player for Thailand Casino Permit
Genting Singapore could emerge as a contender for a Thailand casino license should the government there approve integrated resorts. In a recent report to clients, Maybank analyst Samuel Yin Shao Yang said the Resorts World...
Wynn Resorts Could Shine in 2024 as Macau Stocks Rebound
Wynn Resorts (NASDAQ: WYNN) could be a star among gaming stocks this year, as Macau’s rebound continues taking shape. That’s the take of Stifel analyst Steven Wieczynski, who in a recent report to clients, extolled...
Caesars Shakeup: Slew of Entertainment Execs Leave Casino Giant
Caesars Entertainment (NASDAQ: CZR) started 2024 by significantly pruning the ranks of entertainment executives, with as many as 10 such employees reportedly leaving the casino operator. The Las Vegas Review-Journal reported that on Tuesday, Jan....
Boyd Gaming, Monarch Casino Downgraded on Regional Gaming Concerns
Boyd Gaming (NYSE: BYD) and Monarch Casino & Resort (NASDAQ: MCRI) were downgraded amid concerns that regional casinos are facing consumer-related lethargy. In a note to clients, Stifel analyst Steven Wieczynski lowered his ratings on...
VICI Properties Credit Grade Could Be Affected by Nongaming Acquisitions
VICI Properties (NYSE: VICI) is the largest domestic owner of casino real estate. But the company’s nongaming acquisitions could affect its corporate credit rating. The Caesars Palace owner is currently rated “BBB-“ by Fitch Ratings...
iGaming Upstarts Can Make Headway, Says Research Firm
Internet casinos are widely viewed as the next growth frontier for the gaming industry, and one with stronger long-term prospects than online sports betting. That indicates there could be room for newer entrants to gain...
IGT Downgraded as Strategic Review Turns Sluggish
Shares of International Game Technology (NYSE: IGT) slumped Thursday after the stock was downgraded by Jefferies. The research firm lowered its rating on the gaming device manufacturer to “hold” from “buy,” while trimming its price...
Entain Officially Adds Critic Ricky Sandler to Board
Shares of Coral owner Entain Plc (OTC: GMVHF) closed higher in UK trading Wednesday after the gaming company officially appointed Eminence Capital founder and critic Ricky Sandler to its board of directors in a nonexecutive...
