5136 stories by Todd Shriber
Blackstone Reportedly Mulling Bellagio Stake Sale
Private equity behemoth Blackstone (NYSE: BX) is reportedly evaluating options for its ownership of Bellagio’s real estate, including a potential sale of a 50% stake in the iconic Las Vegas Strip venue. Unidentified sources told Bloomberg Monday that Blackstone is mulling options,...
NASCAR Halts Plans for Barstool Sportsbook at Phoenix Raceway
NASCAR is pumping the brakes on plans to open a Barstool sportsbook at Phoenix Raceway, which hosts two Cup Series events annually. In an interview with Gaming Today’s Brant James, NASCAR Managing Director of Sports Betting Joe Solosky said the economics of...
Sands Adding Macau Market Share Thanks to Summer Concerts, Says Citi
Helped by a summer concert series, Sands China may be gaining market share among premium mass bettors visiting Macau. That’s the take of Citigroup analysts George Choi and Ryan Cheung who, in a recent report, noted the operator likely gained premium mass...
IGT Earns Price Target Lift on Divestment Plans
Earlier this month, International Game Technology (NYSE: IGT) announced plans to explore strategic alternatives for its global gaming and PlayDigital units -- news that’s been well-received by analysts and investors. In a new report to clients, Stifel analyst Jeffrey Stantial reiterates a...
Caesars CEO Reeg Adds to Holdings in Company Stock
Shares of Caesars Entertainment (NASDAQ: CZR) are higher by 8.68% year to date, and 13.14% over the past 12 months. But CEO Tom Reeg apparently sees value in the casino company he helms. A recent Form 4 filing with the Securities and...
Las Vegas Ranks 65th on Best-Run Cities List, San Francisco Ranks Last
Las Vegas, the casino hub of the US, ranked 65th out of 149 metropolitan locations on WalletHub’s recently revealed list of the best- and worst-run American cities. That’s a decent ranking, but Sin City deserves some credit. By population, the Las Vegas...
DraftKings And Fanatics Nearly Sealed Massive Merger, Now Rivals
DraftKings (NASDAQ: DKNG) and Fanatics are rivals in the sports betting universe -- so much so that they’re both vying for PointsBet’s (OTC: PBTHF) US operations -- but once upon a time, the two companies nearly merged. The New York Post reported...
Red Rock Resorts Planning Major Green Valley Ranch Renovations
Starting with the opening of the new Polaris Bar, Red Rock Resorts is kicking off significant enhancements to its Green Valley Ranch Resort Spa & Casino in Henderson, Nevada. The operator said it is bringing a new restaurant row to the venue,...
Southwest to Offer Overnight Layovers in Las Vegas
Travelers usually aren’t fond of layovers, and those of the overnight variety are even more onerous. But if an overnight layover is necessary, there are worse places to do it than in Las Vegas. Southwest Airlines is making that possible. The carrier...
Circa Sports Ultimate Contest Weekend Returning in August
Circa Sports’ celebrated football contests, the Circa Million and Circa Survivor, are returning this year with an all-time high combined payout of $14 million. And, with that, comes another edition of the operator’s “Ultimate Contest Weekend.” The 2023 iteration of the event...
