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Todd Shriber
5820 stories by Todd Shriber
Las Vegas Sands Top Macau Stock Pick, Says Macquarie Analyst
As confirmed by May’s gross gaming revenue (GGR) report, the Macau recovery continues. But analysts have their individual preferences among the related equities. In a note to clients on Thursday, Macquarie analyst Chad Beynon said...
Macau Ranks Fourth Among Cities Where Tourists Spend Most
Even with the headwinds of coronavirus travel restrictions, Macau ranked fourth among global cities in 2022 in terms of money spent by tourists. In 2022, visitors to the special administrative region (SAR), the lone Chinese...
Las Vegas Sands Seeking Tax Breaks for Long Island Casino
Las Vegas Sands wants to open a $4 billion integrated resort in Uniondale, NY, and will reportedly ask Nassau County for some tax relief. The gaming company’s proposal recently won the support of County Executive...
Las Vegas Sands in Wait-and-See Mode on Thailand Casino
Las Vegas Sands is taking a pragmatic approach to possible expansion in Thailand, acknowledging the concept of casino gaming in the Southeast Asian nation is in its infancy. It’s been more than a year since...
Century Casinos Real Estate Optionality Is Stock Catalyst, Says Analyst
Century Casinos (NASDAQ: CNTY) could capitalize on its owned real estate to unlock shareholder value and reduce debt. That’s the take of Stifel analyst Jeffrey Stantial, who highlighted Century's real estate optionality in a new...
Ex-Gov. Rick Perry: Texas Sports Betting Fight Will Continue in 2025
As expected, legislation to put the matter of sports wagering before Texas voters died upon advancing to the state Senate. But former Gov. Rick Perry (R-TX) remains optimistic the issue could be successful in 2025....
Related Cos. Pitches $10B Hudson Yards Plan, Including Wynn Casino
Real estate developer Related Cos. pitched a $10 billion proposal to develop the western part of Hudson Yards on the West Side of Manhattan, featuring a Wynn Resorts casino as a centerpiece. Related CEO Jeff...
Genius Sports Could Be Hidden Gem Among Sports Betting Stocks
Shares of sports betting data provider Genius Sports (NYSE: GENI) are higher by nearly 57% year-to-date. On May 26, they closed at the highest levels since February. A sell-side analyst believes the stock has more...
Red Rock, Jilted By A’s, Can Still Monetize Stadium Land
Last month, Red Rock Resorts (NASDAQ: RRR) and the Oakland Athletics had a “binding” agreement in place. The deal was regarding Las Vegas land to be developed into a Major League Baseball (MLB) stadium. Until...
Resorts World Las Vegas to Emphasize Mass Market Following Sluggish Q1
Genting Berhad plans to shift the points of emphasis at Resorts World Las Vegas to mass market players and convention business following tepid first-quarter results at the Strip venue. The $4.3 billion venue, which turns...
