5034 stories by Todd Shriber
Aristocrat, IGT Among Winners of EKG Slot Awards
Aristocrat Leisure Ltd. and International Game Technology (IGT) were among the big winners at Eilers & Krejcik Gaming’s (EKG) fifth annual EKG Slot Awards. Las Vegas-based Light & Wonder (LNW), which along with Aristocrat and IGT ranks among the top three North...
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....
Penn Entertainment Could Eventually Consider Barstool Sale
It hasn’t even been two weeks since Penn Entertainment (NASDAQ: PENN) completed its acquisition of Barstool Sports. But rumors surfaced the casino operator could eventually part with David Portnoy’s media entity if the economics of such a deal is compelling. Earlier this...
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...
MGM Macau, iGaming Exposure Lauded by Analyst
MGM Resorts International (NYSE: MGM) equity bulls got some good news today as an analyst sung the praises of the gaming company’s breadth and online exposure, among other factors. In a note to clients today, Barclays analyst Brandt Montour initiated coverage of...
Bally’s Open to More Sale-Leaseback Deals
Coming off a series of cash-generating real estate sales in 2022, Bally’s (NYSE: BALY) could explore related transactions in the future as avenues for funding mergers and acquisitions and new projects. Incoming CEO Robeson Reeves made comments to that effect on the...
