Areas of Expertise
3974 stories by Todd Shriber
Fontainebleau Las Vegas Names Maurice Wooden President
Fontainebleau Las Vegas announced Sunday that Maurice Wooden has joined the Strip casino resort as president. Wooden has worked in the travel and leisure industry for 36 years, and he’s held high-profile roles in Las Vegas off and on for nearly two...
Flutter Board Member Gains License of Company’s NYSE Listing
The Nevada Gaming Commission (NGC) granted a gaming license to a member of Flutter Entertainment’s (OTC:PDYPY) board of directors last week. That's ahead of that company’s New York Stock Exchange (NYSE) listing on Monday. Independent director Holly Koeppel, Flutter’s audit committee chairwoman,...
Elon Musk’s X Reportedly Partnering with BetMGM
Elon Musk’s X -- the social media platform formerly known as Twitter -- is reportedly in discussions with BetMGM to integrate sports betting into its widely used site. Fortune broke the news earlier Friday, noting financial terms of the agreement haven’t been...
Aurora, Illinois May Sell $58M in Bonds For Penn Casino Financing
Aurora, Ill., is mulling the sale of $58 million in municipal bonds to come up with its end of the financing needed for Penn Entertainment’s (NASDAQ: PENN) planned Hollywood Casino in the city. Construction on the regional casino commenced a couple of...
Circa Boss Stevens Raffling Off Two Spots on Private Jet for NFC Title Game
Circa founder Derek Stevens knows marketing and he’s tapping into his vast reservoir of customer attraction knowledge by leveraging his private jet and bettors’ enthusiasm for Sunday’s NFC Championship game. Stevens owns the D and the Golden Gate in downtown Las Vegas...
DraftKings Hires Amazon Exec Credited with ‘Thursday Night Football’
On Thursday, DraftKings (NASDAQ: DKNG) announced the hiring of Marie Donoghue as chief business and growth officer. Donoghue joins the gaming company from Amazon (NASDAQ: AMZN), where she was one of the architects who brought Thursday Night Football to Amazon Prime’s streaming...
Barstool, DraftKings Partnership Could Be Interesting, Says Analyst
On Wednesday, reports surfaced that Barstool Sports and DraftKings (NASDAQ: DKNG) are in advanced talks regarding a marketing agreement. While the partnership -- which could be announced soon after the Super Bowl -- is expected to be basic, it amounts to Barstool...
Sands Projects $6B Cost for New York Casino, Reiterates Texas Interest
Las Vegas Sands (NYSE: LVS) has said that should it be awarded a New York casino license, construction costs on the Nassau County venue could reach $6 billion. The largest gaming company by market capitalization also reiterated its interest in Texas. Executives...
Sportradar Reaffirms Outlook, Unveils New Corporate Structure
Sports betting data provider Sportradar (NASDAQ: SRAD) affirmed its fiscal 2023 guidance on Wednesday, while telling investors its organizational structure will focus on six segments. Sportradar provides data to sportsbook operators, which is an essential part of the wagering equation, particularly as...
Caesars Selling $1.5B in Bonds, Gets Access to New $2B Term Loan
Caesars Entertainment (NASDAQ: CZR) said Wednesday that it’s selling $1.5 billion worth of corporate debt to qualified institutional buyers in a private placement. Proceeds from the sale of those bonds, which mature in 2032, along with a portion of a newly accessed...