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Todd Shriber
5820 stories by Todd Shriber
Penn Entertainment Q4 Earnings Miss Estimates, Barstool Sportsbook Turns Profitable
Shares of Penn Entertainment (NASDAQ: PENN) slumped Thursday after the regional casino operator reported fourth-quarter results that missed Wall Street projections. However, a bright spot was its Barstool Sportsbook unit turning profitable in the final...
Las Vegas Sands Alters $1.5B Credit Facility Further Delaying Dividend Restoration
Las Vegas Sands (NYSE: LVS) reached an agreement with lenders to amend select covenants in a $1.5 billion revolving credit facility -- a move that further delays the casino operator’s plans to restore its quarterly...
Thailand Casinos Could Nibble at Singapore Gaming Revenue
Should Thailand move forward with plans to potentially be the next hot Asia-Pacific gaming market, it could pilfer revenue from entrenched competitors, such as Malaysia and Singapore. That’s the call from Maybank IB Research. It...
Minnesota Mulls Another Sports Betting Bill
Minnesota isn't just the "Land of 10,000 Lakes." It's also the land of failed sports betting legislative efforts. But politicians in the state are giving it another go. Minnesota State Sen. Jeremy Miller (R-Winona) said...
Sands Taps Community College as Long Island Training Hub
Las Vegas Sands and Nassau Community College announced a public/private partnership that sets the stage for the school to be the gaming company’s training facility. That's assuming it’s successful in bringing a casino hotel to...
Mohegan Tribal Gaming Authority Halting SEC Filings
The Mohegan Tribal Gaming Authority (MTGA) announced Monday that it will no longer participate in the Securities and Exchange Commission’s (SEC) voluntary filing system. The tribal gaming giant didn’t give a specific reason for why...
IRS Could Target Daily Fantasy Sports Winners Under American Rescue Plan
The American Rescue Plan Act (ARPA) was approved by congressional Democrats and signed by President Biden to provide financial assistance to Americans during the earlier days of the coronavirus pandemic. But it could be a...
Georgia Voters Strongly Favor Addition of Casino Gaming
In bipartisan fashion, Georgia voters overwhelmingly support the idea of the state adding casinos, and even more believe voters should decide on the matter. A recent Public Opinion Strategies poll conducted via mobile phones queried...
PointsBet, NBC Extend Accord, Eye More Regional Focus
PointsBet (OTC:PBTHF) and NBCUniversal are adding two years to a previously announced five-year sports betting partnership. The broadcast giant is promising to help the sportsbook operator more effectively target its advertising spending. PointsBet USA CEO...
Century Casinos Could Be Star Among Regional Casino Stocks
With newly acquired venues joining its portfolio, Century Casinos (NASDAQ: CNTY) could post significant earnings growth over the next two years. That’s the call from B. Riley analyst David Bain who, in a note to...
