5359 stories by Todd Shriber
Golden Eyes $30M Strat Renovation, Could Sell Distributed Gaming Biz, Says Analyst
Golden Entertainment (NASDAQ: GDEN) is pledging to spend at least $30 million this year sprucing up the Strat Las Vegas ahead of November’s F1 race and the 2024 Super Bowl. One analyst believes the company could eventually sell its distributed gaming business....
BetMGM, MGM Resorts Debut MGM Riches Slots
MGM Resorts International and its BetMGM unit announced the debut of MGM Riches Slots -- the first slot machine offering available on BetMGM’s iGaming platform and at the parent company’s land-based gaming venues. The gaming companies note bettors will be presented with...
Circa Sports Boss Stevens Hopeful on Illinois Debut, Talks Expansion Plans
Circa Sports founder and owner Derek Stevens is optimistic the company will be able to offer retail and mobile wagering to Illinois sports bettors this year and remains keen to expand into other states. In an interview with Matt Perrault and Dave...
MGM Forecasts 2023 Macau Spend up to $150 Million
MGM Resorts International (NYSE: MGM) said its China unit could spend up to $150 million in capital expenditures in Macau this year. MGM China, which is 56% owned by the Las Vegas-based casino-resort operator, runs MGM Cotai and MGM Macau in the...
Minnesota Sports Betting Bill Scores First Victory
There’s legislative life for regulated sports wagering in Minnesota, as a Democrat-backed bill sailed through its first committee hearing on Monday. Rep. Zack Stephenson’s (D-Coon Rapids) HF 2000 passed through the House Commerce Finance and Policy Committee yesterday by a 10-6 vote....
MGM National Harbor Top Grossing Casino Outside Nevada
MGM Resorts International (NYSE: MGM) isn’t just the largest operator on the Las Vegas Strip. It runs some of the biggest regional casinos in the US, including MGM National Harbor in Oxon Hill, Md. In 2022, that venue was the highest-grossing casino...
VICI High-Growth Casino Real Estate Opportunity, Says Analyst
VICI Properties (NYSE: VICI) is the largest landlord on the Las Vegas Strip, and owns the property assets of a slew of regional casinos. That makes it a compelling real estate growth story, according to at least one analyst. In a note...
MVB Financial Becoming Premier Bank for Online Betting
MVB Financial (NASDAQ: MVBF), a sleepy West Virginia-based financial institution, is rapidly shedding its image as a small-town bank to become the premier option for the online gaming industry. With a market value of nearly $325 million, MVB Financial resides in micro-cap...
Tilman Fertitta Said to Be Mulling Offer for Washington Commanders
Billionaire Tilman Fertitta is reportedly among the bidders looking to acquire the NFL’s Washington Commanders. He is said to have recently visited the team’s training facility in Ashburn, Va. He has an estimated net worth of $8.1 billion. Fertitta’s Fertitta Entertainment Inc....
Resorts World Las Vegas Sets Profit, Sales Records
In another sign of vibrancy on the Las Vegas Strip, Resorts World Las Vegas posted record earnings before interest, taxes, depreciation and amortization (EBITDA) and sales in the fourth quarter. Genting Berhad -- the Malaysian conglomerate that controls the various Resorts World...
