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Todd Shriber
5666 stories by Todd Shriber
Joffre Capital Gives Big F-U to Phuk II Stake
Technology buyout fund Joffre Capital announced Thursday it's pulling the plug on a previously announced plan to acquire a controlling interest in Playtika (NASDAQ: PLTK). Joffre cited issues at the mobile gaming company and with...
Madison Square Garden to Retain Las Vegas Sphere, Tao Group
Madison Square Garden Entertainment Corp. (NYSE:MSGE) updated investors on previously announced spin-off plans, and there are Las Vegas implications. The company announced late Tuesday it’s evaluating a potential transaction that would separate its live entertainment...
Apollo Doling Out $1.5K Bonuses to Venetian Employees
Employees at the Venetian Las Vegas will have some extra jingle in their pockets this holiday season. Operator Apollo Global Management is distributing $1,500 bonuses. In total, the private equity firm that operates the iconic...
Genting Providing More Financing to Empire Resorts
Genting Malaysia Bhd. has provided more financing to its Empire Resorts unit. That's as an entity tied to the Malaysian conglomerate recently purchased $100 million in preferred stock issued by the New York-based gaming company....
Red Rock Resorts Unloads Land Near Durango Project for $23.9M
Last week, Red Rock Resorts (NASDAQ: RRR) closed on the sale of 21.3 acres of land next to its Durango casino hotel project in Southwest Las Vegas. The gaming company sold the land to real...
Macau Recovery Could Be Supported by Mass Market Table Games
Long-running hopes for a gaming industry recovery in Macau could arrive in 2024, and might find support from mass market table games. That’s the take of JPMorgan analysts led by DS Kim, who notes Macau...
MGM Stock Has Makings of 2023 Casino Winner, Analyst Claims
On a mostly rough day for casino equities, MGM Resorts International (NYSE: MGM) gained almost 2% Monday with the help of bullish sell-side commentary. In a note to clients today, Truist analyst Barry Jonas upgraded...
VICI Providing Financing for Century Casinos Missouri Renovations
VICI Properties (NYSE:VICI) is providing financing to Century Casinos (NASDAQ:CNTY) so that the gaming operator can refurbish its eponymous Caruthersville, Mo. casino-hotel. Last Friday, Century broke ground on the enhancements, which are expected to cost...
Jay-Z Joins Caesars, SL Green in Times Square Casino Bid
The plan to bring a casino to Times Square now has a famous face accompanying Caesars Entertainment and real estate developer SL Green, as rapper Jay-Z joined the group. Specifically, Jay-Z's Roc Nation entertainment agency...
Entain Stock Has World Cup Benefits and More
As the operator of several of Europe’s most prominent sportsbook brands, Entain Plc (OTC:GMVHY) stands as an obvious beneficiary of World Cup betting. That’s particularly true with European nations, including England, representing eight of the...
