5081 stories by Todd Shriber
Mets Owner Steve Cohen Plans Public Meeting for Casino Push
Hedge fund billionaire and New York Mets owner Steve Cohen is continuing his push to develop unused land around Citi Field -- plans that could include a casino hotel -- and is inviting the public to make their voices heard. On Monday,...
Nevada Population Could Support Boyd, Red Rock Stocks
Boyd Gaming (NYSE: BYD) and Red Rock Resorts (NASDAQ: RRR) are among the gaming stocks that could benefit from Nevada’s rapid population growth. A recent report by software firm Inspection Support Network named Nevada the third-fastest growing state in the country over...
Macau Concessionaires Planning $13.5B in Nongaming Investments
Macau’s six casino concessionaires will spend $13.5 billion over the next decade, at the behest of the local government, on nongaming amenities. The requirement comes as part of the special administrative region’s (SAR) newly updated gaming regulations and arrived as the operators...
Times Square Casino Plan Gains Broad-Based Support
A controversial plan to bring a casino to New York City’s Times Square gained support from a recently formed group. On Friday, the Coalition for a Better Times Square launched an effort to rejuvenate the entertainment district, endorsing a gaming venue in...
PlayAGS Stock Shaping Up to Be 2023 Redemption Story
Having shed 25.63% of its value this year, PlayAGS (NYSE:AGS) is following other gaming device manufacturers to the downside this year, and is one of the more egregious offenders in the group. That’s not preventing at least one analyst from waxing bullish...
DraftKings Stock not Getting Credit it Deserves, Says Citi Analyst
Coming off a 13.55% loss this week that extends its year-to-date slide to 54%, DraftKings stock is undoubtedly frustrating investors. One analyst sees opportunity amidst the carnage. In a note to clients today, Citi analyst Jason Bazinet said markets aren’t giving the...
Macau Stocks Due for Pullback Following Scintillating Run
Macau gaming stocks, including Sands China and Wynn Macau, look primed for a retreat following a blistering pace set amid a recent spate of good news. A Bloomberg index of the six concessionaires surged 60% over the past three weeks, or six...
Ex-Gov. Rick Perry Bullish on Texas Mobile Sports Betting
Former Gov. Rick Perry (R-TX) is enthusiastic about bring regulated mobile sports wagering to Texas, noting it could add $250 million a year to state coffers. In a recent interview with FOX 7 Austin's Rudy Koski, the former Secretary of Energy said...
Chicago City Council Approves Bally’s Casino Project
Bally’s scored a major victory Wednesday when the Chicago City Council overwhelmingly approved the company’s plans to bring a $1.7 billion casino-hotel to the site of the Chicago Tribune Freedom Center printing plant. The City Council voted 39-5 in favor of making...
Bet on Gaming Holdings Surprise Entrant in New York Casino Competition
The already teeming fray for a third downstate casino license in New York has a new competitor with the entry of Bet on Gaming Holdings. The privately held, minority-owned firm announced Thursday it created an investment fund to participate in the bidding...
