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Todd Shriber
5866 stories by Todd Shriber
Gaming and Leisure Properties is ‘Stable,’ Says Fitch
Gaming and Leisure Properties (NASDAQ: GLPI) was affirmed at a credit rating of “BBB-," the lowest investment grade, with a “stable” outlook by Fitch Ratings. The ratings agency noted the casino landlord’s credit grade is...
Whataburger, Texas Fast Food Icon, Coming to Las Vegas Strip
Whataburger, the undisputed homegrown giant of the Texas fast food landscape, is coming to the Las Vegas Strip. In what will be its first location in Nevada, Whataburger is slated to open a two-story, 24/7...
Sands China Dividend Prospects Still Murky Says Research Firm
Sands China is likely to focus on reducing leverage before restoring its dividend. That’s the take of Lucror Analytics, a Singapore-based research firm that covered the issue in a recent report to clients. The uncertain...
Marina Bay Sands Can Continue Shattering Records, Says Analyst
Marina Bay Sands (MBS) is coming off a quarter in which it generated adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $432 million. But at least one analyst believes the Las Vegas Sands...
Monarch Casino & Resort Mulling Acquisition Opportunities
Monarch Casino & Resort (NASDAQ: MCRI) is considering opportunities to add to its two-property portfolio via acquisition. Cochairman and CEO John Farahi commented to that effect in the company’s second-quarter earnings press release, published on...
Las Vegas Sands Has Catalysts, Momentum, Says Analyst
Las Vegas Sands (NYSE: LVS) stock still has fans on Wall Street. But it’s trading lower today following a solid second-quarter earnings report delivered late Wednesday Those include Stifel analyst Steven Wieczynski, who in a...
PlayAGS Could Be Potent Play on Slot Machine Boom
Shares of PlayAGS (NYSE: AGS) are up 30.37% year to date, good for one of the better showings among small-cap gaming equities. Some analysts believe the slot machine manufacturer has more upside ahead of it....
Las Vegas Sands Reinstates Dividend, Tops Q2 Forecasts
Las Vegas Sands (NYSE: LVS) provided a positive surprise to investors today as the largest casino operator by market capitalization said it will reinstate its quarterly dividend. The payout had been suspended for more than...
MGM Resorts Named to Black Enterprise DEI List
MGM Resorts International was named to Black Enterprise’s list of the “Best Companies for Diversity, Equity & Inclusion (DEI)” for 2023. The Bellagio operator is one of 60 companies in the rankings and the only...
Resorts World Las Vegas Gets Lowest Investment Grade Rating at Fitch
Fitch Ratings tagged Resorts World Las Vegas with a “BBB-“ credit rating, the lowest on the investment-grade spectrum. That’s one notch below the research firm’s “BBB” grade on Resorts World Las Vegas parent company Genting...
