Areas of Expertise
5081 stories by Todd Shriber
Resorts World Pitches Biggest New York City Casino
Genting says Queens casino could convert to largest in the city Venue could open in a year if it wins a downstate casino license In a Monday pitch before a community advisory committee (CAC), Genting said its Resorts World New York would...
Las Vegas Strip Sentiment in the Doldrums, Says Analyst
Ahead of Q2 earnings reports, Q3 already shaping up to be disappointing Analyst says RevPar, July rate checks trending downward Shares of MGM Resorts International (NYSE: MGM) and Caesars Entertainment (NASDAQ: CZR), the two largest operators on the Las Vegas Strip, have...
Polymarket Reentering US Market in $112 Million QCEX Acquisition
Prediction markets operator closes deal for clearinghouse, derivatives exchange Deal will expand access to Polymarket for US-based customers Prediction markets operator Polymarket is returning to the US, leveraging the $112 million acquisition of clearinghouse and derivatives exchange QCEX LLC to do so....
Sands President Says Thailand Needs Clear Casino Framework
Comments come as country’s casino ambitions teeter on the brink Executive says Thailand has the makings of a strong casino market Adds entertainment complexes need casinos Las Vegas Sands COO and President Patrick Dumont believes Thailand has the makings of a compelling,...
GLP-1s Could Have Long-Term Ramifications for iGaming
Weight loss drugs could damp impulse spending Expert sees possibility of small decline in iGaming, casino spending over time Whether it’s Mounjaro, Ozempic, Wegovy, or Zepbound, among others, there’s no denying weight loss drugs are popular and the market is expected to...
BetMGM, Hard Rock Impose Illinois Sports Betting Minimums
Moves are responses to state’s latest sports betting tax hike The new mandatory minimums are small BetMGM and Hard Rock Bet are dealing with the recently implemented Illinois sports wagering tax increase in their own way, establishing minimum wager sizes in the...
Smarkets Could Mull Reentering US, Bring Prediction Market With It
Company is back in Indiana sports wagering market One of the only examples of an operator reentering US Smarkets could consider US sports betting exchange offering, too Smarkets, the operator of one of the world’s largest prediction markets platforms, is showing an...
SharpLink Gaming Stock Soars as it Becomes ‘MicroStrategy of Ethereum’
SharpLink is now the largest corporate owner of Ethereum Company provides iGaming and sports betting affiliate services Volatile stock has been on a tear amid an Ether rally The stock is cooling off today, but SharpLink Gaming (NASDAQ: SBET) has been on...
Red Rock Best of Breed Among Las Vegas Locals Casino Stocks
Red Rock upgraded, analyst sees minimal disruption from Durango expansion Operator sports “deep, exciting” pipeline The three Las Vegas locals casino stocks are, in alphabetical order, Boyd Gaming (NYSE: BYD), Golden Entertainment (NASDAQ: GDEN), and Red Rock Resorts (NASDAQ: RRR). The last...
Caesars Rolls Out New High-End Credit Card
It’s the operator’s second card with Bread Financial New card features accelerated earning of tier credits Also features $450 in redeemable perks, including slot play Caesars Entertainment and Bread Financial introduced the Caesars Rewards Prestige Visa Signature credit card on Wednesday --...