4979 stories by Todd Shriber
Sahara Las Vegas Revamping Rewards Program
Sahara Las Vegas is among the casinos altering its customer loyalty program in a bid to attract and retain more active bettors. The Strip venue announced last Friday it’s altering its Infinity Rewards platform so that participants can earn rewards up to...
Flamingo Sale Bell Tolls with No Answer
It’s widely known that Caesars Entertainment (NASDAQ: CZR) is looking to sell one of its Las Vegas Strip properties -- a transaction many industry observers expected to be announced earlier this year. That news hasn’t hit the wires, and as TheStreet.com reports,...
FanDuel, Rush Street Interactive Boosting Promo as Football Season Intensifies
Tonight’s edition of Monday Night Football marks the end of week three of the NFL season, week five in college football. With the 2022 football campaign heating up, so is promotional spending by sportsbook operators. In a note to clients today, Wells...
Melco, Wynn Lead Macau Stock Rally as China Loosens Travel Restrictions
After nearly three years of punitive travel restrictions that hammered Macau’s casino industry, China is liberalizing travel to the special administrative region (SAR). That's spurring a rally in shares of gaming operators. Among the three Macau operators trading on a major US...
Playstudios, SciPlay Vulnerable in Recession, Says Bank of America
A recession is likely to adversely affect video game sales. History proves as much and that precedent pertains to social casino companies and their stocks. Potentially, that’s bad news for the likes of Playstudios (NASDAQ:MYPS), Playtika (NASDAQ:PLTK) and SciPlay (NASDAQ:SCPL). In a...
Playtika Updates Investors on Stock Tender Offer
Mobile gaming company Playtika (NASDAQ:PLTK) updated investors on a previously announced plan to tender a significant amount of its shares outstanding. In a statement issued following the close of US markets Thursday -- and one that sparked a rally in the gaming...
Boyd Gaming Stock Draws New Bull Coverage
Like its gaming peers, Boyd Gaming (NYSE:BYD) stock is slumping. But some analysts see opportunity in shares of the Aliante operator. In a note to clients today, JMP Securities analyst Jordan Bender initiated coverage of Boyd stock with an “outperform” rating and...
Bally’s Eyeing Major Redevelopment of Tropicana in 2024
Bally’s (NYSE:BALY) has won approval from Nevada regulators to run the Tropicana Las Vegas, and the gaming company is targeting a major overhaul of the property, potentially in 2024. On Thursday, the Nevada Gaming Commission (NGC) signed off on the gaming company...
Bally’s Sports Networks Could Be Sold to Pro Leagues
Major League Baseball (MLB), the NBA, and the NHL are said to be readying a joint bid for the regional sports networks (RSNs) bearing the Bally’s (NYSE:BALY) name. The Rhode Island-based casino operator does not own the RSNs. Rather, those assets are...
Viva Las Vegas Demand Trends, Analyst Likes Caesars, VICI Properties
For all the talk about high inflation and rising interest rates potentially stoking economic contraction, Las Vegas Strip demand trends are far from pricing in a recession. In a note to clients on Thursday, Macquarie analyst Chad Beynon points out that internet...
