Main menu
Todd Shriber
5819 stories by Todd Shriber
Las Vegas Grand Prix Faces Massive Cost Overruns
Inflation bites and Formula One Group (NASDAQ: FWONA) is finding that out the hard way in Las Vegas. Scheduled for November 18, the company has reportedly spent more than $400 million to make the Las...
Las Vegas Casino Could See Boost as Business Travel Rebounds
Global business travel isn’t all the way back to pre-coronavirus levels. But it could get there as soon as next year, potentially providing a catalyst for Las Vegas casino hotel operators, particularly those with convention...
MGM Has $200M Cyber Insurance Policy, Stock Can Recover, Says Analyst
MGM Resorts International (NYSE: MGM) announced Wednesday that operations at its U.S. casino hotels are back to normal. That's following a ransomware attack that commenced on September 10, and at least one sell-side analyst says...
Caesars, MGM Hacks Spur Uptick in Cybersecurity Interest by Casino Operators
After seeing two of their rivals, Caesars Entertainment and MGM Resorts International, victimized in ransomware attacks, more casino operators are looking to shore up their cybersecurity platforms. Those events, one of which compelled Caesars to...
UAE Gaming Regulations Could Emerge This Year, Says JPMorgan
The recently announced formation of the General Commercial Gaming Regulatory Authority (GCGRA), the United Arab Emirates (UAE) first casino gaming regulator, could pave the way for gaming regulations to be introduced in the country before...
Sibella Scandal Could Plague MGM New York Casino Effort
Scott Sibella’s recent firing by Resorts World Las Vegas could have implications for MGM Resorts International’s -- his former employer -- efforts to land a New York City casino license. Last week, Genting-operated Resorts World...
DraftKings Files Trademark for Fantasy Game to Challenge PrizePicks, Underdog Fanasy
DraftKings (NASDAQ: DKNG) has filed a trademark application for a new fantasy sports game that appears to be a competitor to the offerings of rivals Prize Picks and Underdog Sports. A recent filing with the...
Bally’s Looks for Bronx, N.Y. Goodwill with Ferry Point Shuttle
Bally’s is attempting to foster some goodwill in the New York City borough of the Bronx by starting a free shuttle bus service to the soon-to-be former Trump Golf Links at Ferry Point. That’s the...
Fanatics Sports Betting App Off to Solid Start, Says Research Firm
Fanatics’ newly launched mobile sports wagering application is off to a strong start, at least in terms of number of downloads through the first week of the 2023 NFL season. The operator launched the Fanatics...
Playtika Paying up to $300M to Acquire Innplay Labs
Mobile games developer Playtika (NASDAQ: PLTK) announced today it is acquiring mobile gaming studio Innplay Labs for as much as $300 million. The deal includes an upfront payment of $80 million, with the potential that...
