4173 stories by Todd Shriber
Tipico Mulling Sale of US Sportsbook, MGM Rumored Suitor
German sportsbook operator Tipico is reportedly evaluating a sale of its US operations and rumors are circulating that MGM Resorts International (NYSE: MGM) could be a suitor. Tipico is majority owned by CVC Capital Partners and some media reports suggest the private...
Cracks Emerging on Las Vegas Strip Says Analyst
Las Vegas Strip casino hotels have experienced a torrid pace of recovery following the darkest days of the coronavirus pandemic, but there are signs lethargy is setting in. In a note to clients on Tuesday, Deutsche Bank analyst Carlo Santarelli said some...
DraftKings Spent $2.2 Million on Security, Travel for Jason Robins, $61K on Event Tickets
DraftKings (NASDAQ: DKNG) spent more than $2.22 million on air travel and security expenditures for co-founder and CEO Jason Robins in 2023, and the perks the gaming company lavished upon high-ranking executives don’t end there. The $2.22 million the sportsbook operator doled...
Caesars Appoints Kim Harris Jones to Board of Directors
Caesars Entertainment (NASDAQ: CZR) today announced the appointment of Kim Harris Jones to its board of directors. Harris Jones, who has extensive experience as a high-ranking executive in both the consumer discretionary and consumer staples sectors, will be the tenth member of...
MGM Investor Diller Gets Another Chance at Nevada Gaming License
Barry Diller, whose IAC/InterActiveCorp (NASDAQ: IAC) is the largest shareholder in MGM Resorts International (NYSE:MGM), will get another shot at a full gaming license when he appears before the Nevada Gaming Control Board (NGCB) Wednesday. His appearance before the regulatory agency comes...
Hard Rock, Royal Caribbean Unveil Loyalty Program Agreement
Tribal casino giant Hard Rock International and Royal Caribbean Group on Friday announced a wide-ranging agreement pertaining to members of both companies' travel and leisure loyalty programs. Members of the Unity by Hard Rock, Celebrity Cruises’ Blue Chip Club, and Royal Caribbean’s...
Boyd Stock Bludgeoned on Rising Las Vegas Locals Competition
Increased competition in the Las Vegas locals market, namely in the form of the Durango Casino & Resort, was among the reasons Boyd Gaming (NYSE: BYD) missed first-quarter earnings estimates, trigging a massive selloff in the stock today. The regional casino operator...
GLPI Execs Say Tropicana Met Usefulness, Interested in Bally’s Chicago
On the real estate company’s first-quarter earnings conference call, Gaming and Leisure Properties (NASDAQ: GLPI) executives signaled the recently Tropicana Las Vegas met its shelf life and the fate of the venue operating as a casino resort wasn’t in the long-term cards....
Nassau County to Redo Lease Approval in Bid to Help Las Vegas Sands
Nassau County officials will reconfigure a previously reached lease agreement with Las Vegas Sands pertaining to the Nassau Coliseum in Uniondale, NY to help the gaming company procure one of three downstate casino licenses. Last May, Nassau County legislators voted 17-1 in...
Colorado Voters Could Send More Sports Betting Tax Revenue to Water Projects
Colorado voters could decide this November to lift the cap -- currently $29 million -- on sports wagering taxes that are directed to water projects in the state. House Bill 24-1436 (HB 24-1436) has bipartisan support in both houses of the Colorado...
