5866 stories by Todd Shriber
Caesars’ Rewards Database Targeted by Hackers, Says Company
Caesars Entertainment (NASDAQ: CZR) confirmed today that it was recently the victim of a cyber attack and that the bad actors targeted the Caesars Rewards database, among other data troves, held by the gaming company....
Caesars Bails on UAE Just as Things There Are Looking Interesting
Caesars Entertainment (NASDAQ: CZR) is abandoning a non-gaming hotel in Dubai just as a new casino policy in the United Arab Emirates (UAE) appears to be taking shape. In a statement issued earlier Wednesday, Singapore-based...
MGM Cyber Breach Looks Like ‘Widespread Ransomware Attack’
MGM Resorts International (NYSE: MGM) is still dealing with the impact of a large-scale cybersecurity breach. While the casino operator hasn’t commented to this effect, at least one industry insider believes the event has the...
Newsday Slams New York Casino Process
New York’s slow-moving process to award three downstate casino licenses was derided in a Newsday op-ed, with the media outlet noting an exercise that started as energetic has now turned lethargic. Late last month, the...
MGM Must Disclose Ransomware Demand if it Pays One
As of late Monday, MGM Resorts International (NYSE: MGM) is still grappling with the effects of what appears to be a large-scale cybersecurity breach. Should it become clear that the perpetrators made a ransom demand...
Caesars Sportsbook Shows Live Betting Advantage, Says Analyst
Pending Monday Night Football tonight, week one of the 2023 NFL season is in the books and Caesars Entertainment’s (NASDAQ: CZR) showed it might be building a technological advantage over rivals. In a note to...
Bally’s Buys Trump Bronx Golf Course, Hopes for New York Casino License
Bally’s (NYSE: BALY) is reportedly purchasing Trump Golf Links at Ferry Point in the Bronx, NY, in hopes of eventually building a casino on the property. The links is currently owned by the Trump Organization,...
DraftKings Picks Up Sponsorship of ‘NFL RedZone’
DraftKings will reportedly become the presenting sponsor of the NFL Network’s NFL RedZone -- the popular look-in show that allows viewers to watch multiple games at once. Neither the gaming company nor the league made an...
MGM CEO Bill Hornbuckle Bullish on Las Vegas, Japan, Eyes UAE
MGM Resorts International (NYSE: MGM) CEO Bill Hornbuckle is bullish on the company’s positioning in Las Vegas, noting the operator stands to benefit from a slew of upcoming marquee events at local arenas and stadiums....
Credit Card Spending Trends Could Signal Softness Ahead for Casinos
Since the start of 2022, a period including a stretch of the highest inflation in 40 years and the highest interest rates in two decades, the casino gaming industry mostly dealt with macroeconomic headwinds with...