5664 stories by Todd Shriber
MGM’s Bill Hornbuckle Sees Four UAE Casinos Being Permitted
The United Arab Emirates (UAE) could go from long forbidding casino gaming to eventually being home to as many as four casino resorts. MGM Resorts International (NYSE: MGM) CEO Bill Hornbuckle expressed that view earlier...
Golden Entertainment Could Consider Acquisitions
Backed by a strong balance sheet, Golden Entertainment (NASDAQ: GDEN) could be on the prowl for acquisitions. That’s one takeaway offered by Deutsche Bank analyst Carlo Santarelli following meetings with Golden management this week at...
Scattered Spider Waited Before Making MGM Ransom Demand
“Scattered Spider,” the group of hackers that recently infiltrated the technology systems of two major casino operators, waited several days before making financial demands of MGM Resorts International (NYSE: MGM). In an interview with Bloomberg...
DraftKings CEO Robins Ready for Competition, Sees Growth in Women’s Sports, Live Betting
DraftKings (NASDAQ: DKNG) co-founder and CEO Jason Robins sees women’s sports and live wagering as likely growth drivers of the US sports betting industry going forward. Robins made related comments during Wednesday’s keynote address at...
FanDuel CEO Howe Talks State Dynamics, Taylor Swift at G2E
FanDuel CEO Amy Howe said there’s still plenty of new prospective bettors to be brought into the sports wagering fold in seemingly mature states -- a point that if accurate, could augur well for the...
Caesars Stock-Buying Opportunity Near, Says Analyst
Shares of Caesars Entertainment (NASDAQ: CZR) have been in a funk, shedding 14.37% over the past month. But at least one analyst believes the gaming stock has rebound potential, and could be presenting investors with...
Churchill Downs CEO Carstanjen Says TwinSpires Isn’t For Sale
Signaling optimism about the long-term trajectory of pari-mutuel wagering in the US, Churchill Downs (NASDAQ: CHDN) CEO Bill Carstanjen emphatically refuted rumors that the company’s TwinSpires unit is for sale. Carstanjen made those remarks in...
BetMGM Partnership Unlikely to Be Permanent, Says Entain CEO
Since inception, BetMGM has been a 50/50 joint venture between MGM Resorts International (NYSE: MGM) and Entain Plc (OTC: GMVHY). That will remain the case for the foreseeable future, but a time could come when...
Gaming Industry Drives $329B in Economic Output, Supports 1.8M Jobs, Says AGA
The domestic casino gaming industry is a powerhouse that accounts for nearly $329 billion in economic activity, according to new research by the American Gaming Association (AGA). In its first deep dive into the industry’s...
F1 Las Vegas Race Worries ‘Overblown,’ Says Analyst
Formula One Group (NASDAQ: FWONA) stock could be a name to buy as concerns surrounding the series’ upcoming race in Las Vegas are overdone. That’s the take of Citigroup analyst Jason Bazinet. In a new...