5082 stories by Todd Shriber
Cosmopolitan to Join MGM Rewards in February 2024
The Cosmopolitan of Las Vegas will make its long-awaited entry into the MGM Rewards loyalty program on Feb. 1, 2024. MGM Resorts International, the operator of the posh Strip casino resort, made the announcement on Tuesday. The news arrives about 15 months...
Golden Entertainment Declares Special Dividend, Boosts Buyback Program
Golden Entertainment (NASDAQ: GDEN) is joining the growing list of casino operators paying dividends, albeit in what appears to be temporary fashion. In conjunction with the release of its second-quarter earnings, the Strat operator said its board of directors approved a special...
Universal Accused of ‘Suspicious Activity’ in Legal Rift with Ader SPAC
Universal Entertainment, the parent company of the Okada Manila casino resort, may have engaged in dubious activity potentially bordering on bribery in an effort to gain favor among authorities in the Philippines. That’s according to a pretrial brief filed as part of...
FOX Bet Officially Bites the Dust
It’s official. News Corp (NASDAQ: NWSA) and Flutter Entertainment (OTC: PDYPY) pulled the plug on FOX Bet. Speculation to that effect surfaced last week and the two companies made it official with a press statement issued Sunday. Flutter Entertainment and Fox Corp....
Churchill Downs to Restart Racing at Namesake Track in September
After moving its spring meet following the deaths of 12 horses, Churchill Downs (NASDAQ: CHDN) announced Monday it will restart racing at its eponymous Kentucky racetrack in September. Racing will restart at Churchill Downs in Louisville, Ky. on September 14 after it...
FOX Bet Looks Like Latest US Sports Wagering Death, Closure Said to Be Imminent
FOX Bet could become the latest casualty of the ultra-competitive US sports wagering landscape and its official obituary could be penned as soon as next Monday. Citing unidentified sources with knowledge of the matter, Bloomberg reported News Corp (NASDAQ: NWSA) and Flutter...
Boyd Gaming Q2 Earnings Mixed, Analysts Remain Bullish
Shares of Boyd Gaming (NYSE: BYD) slipped Friday following a tepid second-quarter earnings report that saw the regional casino operator misses consensus estimates calling for earnings per share of 7 cents. However, sell-side analysts remain bullish on the Orleans operator. There were...
MGM, UK Gaming Companies May Be Eyeing Kindred Takeover
Though the gains of have been erased, shares of Kindred Group (OTC: KNDGF) surged early in Friday’s trading session amid speculation that MGM Resorts International (NYSE: MGM) is mulling a takeover of the Swedish gaming company. Referencing a Betaville alert, which cited...
Full House Casino Off to Fast Start in Illinois
Full House Resorts (NASDAQ: FLL) is rapidly ascending the ranks of the Illinois casino market, one of the largest in the U.S. outside of Nevada. In February, the operator opened the temporary version of American Place in Waukegan, Ill. Since then, The...
Bet365, Fanatics Could Eye Arizona Entry
Bet365 and Fanatics could be among the sportsbook operators competing for three new licenses in Arizona. When the state approved sports wagering in 2021, it made allotments for 20 permits. Currently, 17 licenses are spoken for. The Arizona Department of Gaming (ADG)...
