Areas of Expertise
5359 stories by Todd Shriber
Caesars Spends $4M on New Sportsbook, Poker Room at Illinois Casino
Caesars Entertainment is spending $4 million on enhancements at the Grand Victoria Casino in Elgin, Ill., an effort resulting in a refurbished sportsbook and a new World Series of Poker (WSOP) poker room. Eldorado Resorts -- the company that acquired Caesars in...
Japan Casinos Can Draw MICE Inspiration from Singapore
Japan’s yet-to-be-built integrated resorts can take pages from the meetings, incentives, convention and exhibition (MICE) playbook used by counterparts in Singapore. That’s the sentiment of Schroders Capital. In a recent paper, Andrew Haskins, head of strategy and investor advisory, real estate for...
Golden Entertainment Can Shine Among Casino Stocks
Golden Entertainment (NASDAQ: GDEN) stock is drawing sell-side praise as a potential star in the making among casino equities. In a note to clients today, CBRE Equity Research analyst John DeCree resumed coverage of the Strat operator with a “buy” rating and...
Caesars, SL Green Teaming Up on Times Square Casino Bid
Caesars Entertainment announced it's partnering with SL Green Realty on a redevelopment effort at 1515 Broadway in Times Square, including a bid for a New York City casino permit. In promising to spur New York’s economic recovery from the coronavirus pandemic while...
Las Vegas Sands Q3 Results Supported by Singapore, Hindered by Macau
Third-quarter results for Las Vegas Sands (NYSE: LVS) are a repeat for investors: Strength in Singapore while headwinds remained in Macau. After the close of US markets Wednesday, the gaming company reported a loss of 27 cents a share on sales of...
Boyd Gaming Wins Approval for New Henderson Casino
Boyd Gaming has the green light to move forward with building a new Jokers Wild Casino on Boulder Highway in Henderson, Nevada. On Tuesday, the city council there voted 4-1 in favor of allowing Boyd to proceed with a new iteration of...
Las Vegas Hotel Business, Leisure Revenue to Exceed Pre-Pandemic Levels in 2022
Las Vegas hotel revenue generated from business and leisure travelers this year will exceed pre-coronavirus pandemic levels, making the US casino mecca one of a small number of domestic cities to check both boxes. In the travel and leisure industry, airlines, hoteliers...
Gaming Industry Not Yet Reflecting Recession, Says Analyst
Recent GDP data suggest the US economy is already meeting the traditional definition of a recession -- two consecutive quarters of negative growth. But if the recent Global Gaming Expo (G2E) is an accurate indication, the gaming industry isn’t yet feeling adverse...
Bally’s Strikes Labor Accord for Chicago Casino
Bally’s Corp. announced it has signed multiyear labor agreements with local unions in Chicago, all pertaining to the construction of the gaming company’s $1.7 billion integrated resort. The Rhode Island-based casino operator said it struck a project labor agreement (PLA) with the...
South Point Extends Sponsorship of Las Vegas NASCAR Race
The South Point Hotel, Casino & Spa announced Sunday that it’s extending its title sponsorship of the fall NASCAR race in Las Vegas. The announcement arrived in conjunction with news from Las Vegas Motor Speedway (LVMS) that the venue is also lengthening...