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Todd Shriber
5664 stories by Todd Shriber
Mark Cuban Still Wants DFW Casino, Says He’d Partner with Sands
Dallas Mavericks owner Mark Cuban has reiterated his view that Dallas-Fort Worth would be an ideal market for a casino resort. He did so while urging Texas lawmakers to reconsider their views on casino gaming....
Evolution Group Could Be Player in Live Dealer M&A, Says Research Firm
With its share of the US live dealer market slipping, Evolution Group (OTC: EVVTY) could participate in industry consolidation either as a buyer or seller. That’s the take of Eilers & Krejeck Gaming (EKG), which...
Bally’s Paid $60M for Trump Golf Course Lease, Says Trump Jr.
Bally’s (NYSE: BALY) paid the Trump Organization $60 million to acquire the lease on Trump Golf Links at Ferry Point in the Bronx, NY, according to testimony given Thursday by Donald Trump Jr. The former...
Penn Says ESPN Bet Will Launch in Advance of Thanksgiving Football Games
Penn Entertainment (NASDAQ: PENN) reported third-quarter results earlier Thursday. The point of emphasis for analysts and investors was commentary from the company regarding the widely anticipated debut of ESPN Bet. The Pennsylvania-based regional casino operator...
Dubai Delays Casino Resort Approvals in Potential Blow to MGM
In what could be a temporary blow to MGM Resorts International’s ambitions in the United Arab Emirates (UAE), Dubai will reportedly delay plans to approve casino resorts. In partnership with Wasl Hospitality and Leisure, MGM...
Entain Should Consider BetMGM Compromise, Says Analyst
Entain Plc (OTC: GMVHY), which has seen its market value slump considerably this year, has at least two paths to consider to reverse course. That’s the take of Susquehanna analyst Joseph Stauff, who initiated coverage...
Bally’s Open to Selling Tropicana Las Vegas Lease, Cuts 300 Digital Jobs
In conjunction with its third-quarter earnings report -- one that sent the stock reeling to a 14.80% loss on Wednesday -- Bally’s (NYSE: BALY) announced it will reduce its headcount by 300. Executives added they...
Caesars Continues Paring Debt, Digital Unit Notches Profit
Caesars Entertainment (NASDAQ: CZR) delivered consensus-beating third-quarter results late Tuesday, telling investors its Caesars Digital unit posted EBITA (earnings before interest, taxes, depreciation, and amortization) profit of $2 million following a year-earlier loss of $38...
Vornado Realty Unlikely to Chase New York Casino Permit
Vornado Realty Trust (NYSE: VNO), one of the largest real estate investment trusts (REITs), isn't likely to give chase to a New York City casino license. Vornado Chairman and CEO Steve Roth commented to that...
New York Casino Awards Likely in 2025 as ‘Circus’ Takes Shape, Says Analyst
New York regulators are unlikely to award three downstate casino licenses next year, likely pushing the matter off to 2025 as the state extends its reputation as “the circus” of casino politics. That’s the sentiment...
