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Todd Shriber
5667 stories by Todd Shriber
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...
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...
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...
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...
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,...
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...
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...
Venetian Las Vegas Heading Toward $1 Billion Remodel
Apollo Global Management is planning to spend more than $1 billion to update the Venetian Resort Las Vegas, representing one of the most significant updates to a Strip venue in years. In a recent interview...
Macau Recovery: Long Road Ahead with Plenty of Debt
The story of Macau’s recovery from the coronavirus pandemic is ongoing and taking far longer than gaming companies and investors were hoping. It’s also clear that road will be laden with debt. Amid lingering COVID-19...
Global Investors Skirting Gaming Stocks, Says Morgan Stanley
Asset allocators are increasingly ignoring gaming stocks, even as those shares decline, potentially signaling missed value opportunities. That’s according to Morgan Stanley’s 2022 Global Investor Survey, which indicates 29% of investors are glossing over gaming...
