5775 stories by Todd Shriber
Washington, DC Councilmember Proposes Competitive Sports Betting Bill
Washington DC’s sports betting app, GamBetDC, has been a dud since it debuted in early 2021. One member of the city council is looking to change that by promoting a competitive bidding process. On Monday,...
Millennials, Gen Z Comprise Majority of Sports Bettors, According to Study
The proliferation of online and mobile sports wagering is assisting gaming companies in capturing more business from younger demographics -- namely millennials and Gen Z -- and many of those bettors want to visit brick-and-mortar...
International Game Technology Repurchases 1.35M of Own Shares
International Game Technology (NYSE: IGT) recently repurchased 1.35 million shares, or about $22 million worth of its own stock. The buyback activity occurred across three transactions from September 30 through October 14 in amounts of...
Vince ‘Prince’ Vaughn to Be Face of Caesars iGamng Ads
Actor Vince Vaughn is the latest celebrity to join Caesars Entertainment’s star-studded stable of famous endorsers. The gaming company announced today he’ll be the face of the operator’s online casino advertisements. Occupying the role of...
DraftKings Stock Earns Analyst Support
Wall Street remains divided on DraftKings (NASDAQ: DKNG), but the stock drew support Monday from a pair of analysts. Recently, some analysts turned bullish on the beleaguered gaming stock, citing factors such as encouraging hold...
Caesars Facing ‘Short Change’ Lawsuit by Louisiana Slots Player
A Louisiana man that frequented Horseshoe Casino and Hotel in Bossier City is suing Caesars Entertainment, alleging the gaming giant for years rounded down on slot machine receipts, short-changing customers out of millions of dollars...
Caesars Spends $4M on New Sportsbook, Poker Room at Illinois Casino
Caesars Entertainment is spending $4 million on enhancements at the Grand Victoria Casino in Elgin, Ill., an effort resulting in a refurbished sportsbook and a new World Series of Poker (WSOP) poker room. Eldorado Resorts...
Japan Casinos Can Draw MICE Inspiration from Singapore
Japan’s yet-to-be-built integrated resorts can take pages from the meetings, incentives, convention and exhibition (MICE) playbook used by counterparts in Singapore. That’s the sentiment of Schroders Capital. In a recent paper, Andrew Haskins, head of...
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...