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Todd Shriber
5723 stories by Todd Shriber
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...
Las Vegas Sands Mulling Long Island as Site of New York Casino
Las Vegas Sands is said to be considering multiple sites on Long Island as potential homes for a New York-area casino. Former New York Gov. David Paterson (D), now a senior vice president at the...
Tough Times Await Casino Gaming Industry, According to Moody’s
With just one month remaining in 2022, it appears likely that casino operators will set an annual record for gross gaming revenue (GGR) this year. But things are likely to get tougher from here for...
Wynn Resorts Wraps $1.7B Sale of Encore Boston Harbor Property Assets
Wynn Resorts (NASDAQ: WYNN) said Thursday it completed the previously announced sale of Encore Boston Harbor’s real estate to Realty Income (NYSE: O) for $1.7 billion. The transaction, revealed in February, is all cash and...
