4010 stories by Todd Shriber
MGM Credit Rating Lowered Further Into Junk Territory by Moody’s
Moody’s Investors Service has trimmed MGM Resorts International’s (NYSE:MGM) credit rating to “B1” from “Ba3,” moving the casino operator’s grade one notch further into non-investment grade territory. Among other issues, Moody’s cites ongoing weakness in Macau as one of the reasons for...
MVIS Debuts BlueStar Online Betting, Esports Index
MV Index Solutions (MVIS) -- a German provider of equity and fixed income gauges for use by exchange traded funds (ETFs) providers -- recently introduced a new benchmark addressing internet wagering and esports companies. The BlueStar Global Online Gambling, Video Gaming and...
Novibet Merging with SPAC Artemis Strategic Investment in $625M Deal
Logflex MT Holding Limited, the parent company of Novibet, is merging with a special purpose acquisition company (SPAC), and will list its shares in the US when that transaction is finalized. Artemis Strategic Investment Corporation (NASDAQ:ARTE) is merging into a newly formed...
Bally’s Chairman Soo Kim Spells Out Japan Casino Plans
Bally’s (NYSE:BALY) Chairman Soo Kim is shedding some light on the company’s potential Japan ambitions, saying the operator isn’t planning to immediately throw its hat in the ring to win a gaming license in the country. Kim’s effort to shed light on...
Bally’s Surprises with Plans for Japan Casino
Bally’s (NYSE:BALY) stunned the gaming world Wednesday, saying it wants to bring an integrated resort to the Japanese city of Fukuoka and is hopeful the country will eventually consider future bids for gaming venues. Japan’s long-winding efforts to lure casino companies currently...
Kansas Sports Betting Bill Delayed After Surprising Amendment Failure
A legislative effort to bring regulated sports wagering to Kansas hit an unexpected roadblock Tuesday. That's when a lottery-related amendment failed on two occasions. House Bill 2740 (HB 2740) would legalize online and mobile sports betting in Kansas at the state’s land-based...
Caesars, Sun Country Planning Iowa-to-Laughlin Flight
Caesars Entertainment and Sun Country Airways are offering a charter flight from Waterloo, Iowa to Laughlin, Nev. The offering is part of the Caesars Rewards program, but patrons do not have to be members of the loyalty platform to participate. The package...
NHL’s Coyotes Want Arizona Gaming Law Altered for Arena Move
The NHL’s Arizona Coyotes are seeking a tweak to a newly minted sports betting law in the state. But local tribal gaming entities oppose the effort. The Coyotes are moving to Arizona State’s hockey arena next season, where the team will play...
Circa Las Vegas Rolling Out 35,000 Square Feet of Convention Space in September
Circa Las Vegas is throwing its hat in the convention and meeting business ring, announcing it will open 35,000 square feet of related space in September. The privately held casino operator made the announcement earlier today on its Twitter feed. Located in...
Bally’s Gamesys Notches Content Deal with Gaming Arts of Las Vegas
Bally’s announced today its Gamesys unit struck a five-year deal with Gaming Arts to bolster its portfolio of real money online casino games. Financial terms of the agreement weren’t disclosed, but the agreement is described as “exclusive.” Las Vegas-based Gaming Arts is...
