4898 stories by Todd Shriber
Latino Restaurant Group Backs Times Square Casino
A consortium of Latino-owned bars and restaurants is voicing its support for a casino hotel in Times Square, becoming the most recent industry group to do so. The New York State Latino Restaurant, Bar & Lounge Association (NYSLRBLA) said Thursday it backs...
Tilman Fertitta Hasn’t Made Call on Strip Casino Plans, Seeks Golden Nugget Holding Company
Tilman Fertitta reportedly hasn’t decided to move forward with plans to build an integrated resort on 6.2 acres of land at Las Vegas Boulevard and Harmon Avenue that he acquired last year for $270 million. Following a Wednesday appearance before the Nevada...
WWE Seeking Colorado, Michigan Sports Wagering Entry
The WWE is reportedly in discussions with gaming regulators in Colorado and Michigan regarding possibly adding the company’s scripted wrestling matches to the menu of sports wagering offerings in those states. CNBC broke the news earlier today, citing unidentified sources. Those people...
Caesars Could Bid for Flutter Following UK Whitepaper Release
The upcoming release of the UK Gambling Commission’s (UKGC) widely anticipated white paper could stoke a fresh round of consolidation activity in the industry. UK-based firms, including behemoth Flutter Entertainment (OTC: PDYPY), could be potential targets. A new report by data provider...
Affinity Interactive Unloads Rail City Casino to Truckee Gaming
Affinity Interactive announced Wednesday that it's selling Rail City Casino in Sparks, Nev. to affiliates of Truckee Gaming, LLC. Financial terms of the deal weren’t disclosed. Rail City Casino has a 24,000-square-foot casino featuring nearly 415 slot machines and several eateries. The...
Former Casino Queen Employees Score Legal Win in Director Stock Suit
Former workers of Casino Queen Inc. notched a legal victory earlier this week. That's when the US District Court for the Southern District of Illinois rejected a motion to dismiss a suit brought by ex-staffers. They claim former board members dumped shares...
FanDuel Prioritizing Internet Casino Improvements
FanDuel is the dominant US online sportsbook operator. So much so that its market share eclipses its two nearest rivals combined, but if the company has an area for improvement, it’s with its online casino offering. Flutter Entertainment (OTC: PDYPY), which is...
Full House Sees Circa Sports Making Illinois Debut in a ‘Few Months’
Full House Resorts (NASDAQ: FLL) delivered fourth-quarter results late Tuesday, providing investors with an update on the launch of its temporary gaming venue in Waukegan, Ill. That included commentary regarding when Circa Sports will debut in the state. Last May, Circa announced...
PointsBet, Rush Street Interactive Considered Takeover Targets
Amid expectations that 2023 could be a year of significant consolidation activity in the sports wagering industry, PointsBet (OTC: PBTHF) and Rush Street Interactive (NYSE: RSI) remain potential takeover targets, according to market observers. Both operators have long been tied to mergers...
MGM, Wynn Could Be Hampered by High Leverage in Recession
MGM Resorts International (NYSE: MGM) and Wynn Resorts (NASDAQ: WYNN) are among the companies with high debt burdens that could be vulnerable in a recession. Recession fears are front-and-center for Corporate America and investors because there’s increasing concern that the Federal Reserve...
