4979 stories by Todd Shriber
PointsBet, NBC Extend Accord, Eye More Regional Focus
PointsBet (OTC:PBTHF) and NBCUniversal are adding two years to a previously announced five-year sports betting partnership. The broadcast giant is promising to help the sportsbook operator more effectively target its advertising spending. PointsBet USA CEO Johnny Aitken told Axios the two sides...
Century Casinos Could Be Star Among Regional Casino Stocks
With newly acquired venues joining its portfolio, Century Casinos (NASDAQ: CNTY) could post significant earnings growth over the next two years. That’s the call from B. Riley analyst David Bain who, in a note to clients Monday, reiterated a “buy” rating and...
Casino Earnings Could Pave Way for Equity Outperformance
One of the reasons gaming equities struggled in 2022 was analysts paring 2023 estimates, citing a potentially dreary economic outlook. However, casino earnings season could bring pleasant surprises in terms of constructive outlooks for this year from operators. To date, only Las...
Las Vegas Strip One of Most Picturesque Roads in US, According to Survey
The neon lights so prominent on the Las Vegas Strip apparently make for a pretty picture, as the world’s most famous collection of casinos is one of the most-photographed roads by Instagram users. A recent survey by FINN, an automotive retailer focusing...
Wildfire Casino in Downtown Las Vegas Nears Debut
The previously announced Wildfire Casino on Fremont Street in downtown Las Vegas is on pace to open on Friday, Feb. 10. Station Casinos made the announcement yesterday. The venue, which is located at 2700 E. Fremont St. off of Charleston Boulevard and...
Nevada Gov. Joe Lombardo Holding Talks On A’s Las Vegas Move
Newly elected Nevada Governor Joe Lombardo reportedly met with officials from the Oakland Athletics regarding the club’s potential move to Las Vegas, which could affect Strip sites currently occupied by casino-hotels. The Republican governor is apparently opposed to creating new taxes to...
Coors, DraftKings Partnering on Super Bowl Commercial
It’s Super Bowl commercial rumor season. But there is confirmation that DraftKings and beer giant Molson Coors Beverage Co. are teaming up on an advertisement to be run during the Big Game. For Molson Coors, it marks a return to Super Bowl...
BetMGM Forecasts Profitability in Second Half of 2023
BetMGM, which is jointly controlled by MGM Resorts International (NYSE: MGM) and Entain Plc (OTC: GMVHY), is in a position to turn profitable on the basis of earnings before interest, taxes, depreciation, and amortization (EBITDA) in the second half of this year....
Sands Sees Up to $5B Spend in New York, Eyes Thailand
Las Vegas Sands (NYSE: LVS) could spend $4 billion to $5 billion to develop a new integrated resort in New York, and the operator is eyeing Thailand as its next spot in the Asia-Pacific region. Sands CEO Rob Goldstein commented on that...
Caesars Ups Term Loan to $2.5B, Wiping Out Some 2024, 2025 Debt
Caesars Entertainment (NASDAQ: CZR) announced late Wednesday that it is upping the size of a previously revealed senior secured term loan facility to $2.5 billion from $1.75 billion -- a move that will help the casino operator eliminate $4.4 billion in debt...
