5316 stories by Todd Shriber
Caesars 401(k) Participants Can Proceed with Suit Against Russell Investments
A class action suit brought by Caesars Entertainment (NASDAQ: CZR) 401(k) participants against Russell Investments can proceed. That's after a Nevada federal judge ruled the bulk of the complaint has enough merit to move forward. Earlier this week, US District Judge Cristina...
Light & Wonder Considering Australia Stock Listing
Slot machine manufacturer Light & Wonder (NASDAQ: LNW) told investors Wednesday it’s considering a secondary listing of its equity on the Australian Securities Exchange (ASX). That would be in addition to its current primary listing on the Nasdaq. Australia is one of...
Tabcorp Could Eye Bid for PointsBet Aussie Operations
PointsBet (OTC: PBTHF) has long been viewed as a potential takeover target -- sentiment pertaining to both its Australia and US operations. Speculation is now intensifying regarding the former. Citing unidentified sources, the Australian Financial Review reports that Tabcorp held initial talks...
MGM China on Pace to Reach Pre-COVID Mass GGR Before Macau Rivals
MGM China is on pace to see its mass-market gross gaming revenue (GGR) reach pre-coronavirus levels, perhaps as soon as the current quarter. That would make it the first Macau operator to accomplish the feat. In a note to clients on Wednesday,...
Ex-Governor Rick Perry Still Optimistic on Texas Sports Betting Future
Former Gov. Rick Perry (R-TX) remains bullish on the prospects for regulated sports wagering in Texas, noting that if the issue is put to voters, it will pass in resounding fashion. In recent comments on the "World Series of Politics" podcast, the...
Urban One Activates Put Notice on MGM National Harbor Stake for $145.5 Million
Media company Urban One (NASDAQ: UONE) is parting ways with its stake in MGM National Harbor after having more than tripled its investment in the Oxon Hill, Md. gaming venue. In a Form 8-K filing with the Securities and Exchange Commission (SEC),...
BetMGM Promising $10M for Ever-Elusive Perfect NCAA Tourney Bracket
It's the holy grail of sports wagering, and yes, office pool entry fees are considered bets. What is it? The perfect NCAA Tournament bracket, of course. Should anyone accomplish the highly improbable, though not impossible, feat on BetMGM’s free-to-play game this year,...
Tilman Fertitta is Credible Contender to Buy NFL’s Washington Commanders
Golden Nugget owner Tilman Fertitta is emerging as a viable contender to eventually win ownership of the NFL’s Washington Commanders. That is, if current owner Dan Snyder proceeds with selling the team. Embattled because of a slew of workplace misconduct allegations, including...
PlayAGS Debt Reducing Efforts Applauded by Analysts
On a dismal day for the broader market and gaming equities, gaming device manufacturer PlayAGS (NYSE:AGS) cobbled together some upside following a solid fourth-quarter earnings report. Those results are in the past, and while the slot machine maker didn’t offer up specific...
Century Casinos Slumps on Soft Q4 Results, Updates Poland Sale Prospects
Shares of Century Casinos (NASDAQ: CNTY) tumbled Friday after the small-cap regional casino operator posted fourth-quarter results that missed analysts’ estimates. The Colorado-based company said it lost 14 cents a share on revenue of $103.8 million in the last three months of...
