5449 stories by Todd Shriber
Oakland Mayor Doesn’t Know When to Quit Her Las Vegas Vitriol
“Know when to hold ‘em, know when to fold ‘em” are famous song lyrics, and that folksy wisdom is certainly applicable every day in Las Vegas. Oakland Mayor Libby Schaaf apparently didn’t get the memo. Rather, the Democrat is upping her bet...
iGaming, Sports Betting Stocks Looking at Trying Earnings Season, Says Analyst
Investors are repudiating gaming stocks this year, and with first-quarter earnings season looming, online casino and sportsbook stocks could be particularly vulnerable to more downside. That’s saying something, because the likes of DraftKings (NASDAQ:DKNG), Penn National Gaming (NASDAQ:PENN), and Rush Street Interactive...
Macau Retains ‘AA’ Credit Rating, Fitch Sees Recovery Gaining Speed
Macau’s rebound is still slow-moving at best. But the special administrative region’s (SAR) strong credit grade remains intact with Fitch Ratings, affirming the world’s largest casino center at “AA” with a “stable” outlook. Fitch’s view on the only Chinese territory where legal...
NFL Biggest Investor in Latest Fanatics Funding Round, MLB Involved, Too
Fanatics’ private market valuation soared to $27 billion last month. That's following a $1.5 billion funding round in which the NFL was the biggest investor. When news of the $27 billion valuation for the privately held company emerged in early March, existing...
NFL Now Among Biggest Genius Sports Investors
The NFL is now one the largest investors in Genius Sports (NYSE:GENI) after a batch of the league’s equity warrants in the sports betting data provider recently vested. Last week, 4.25 million of the NFL’s warrants on Genius stock vested, elevating the...
Fifth Street Gaming Planning First Dedicated Latino Casino in Las Vegas
Fifth Street Gaming (FSG) announced today that it’s refurbishing it's Lucky Club Hotel & Casino in North Las Vegas into a dedicated Latino gaming venue. It will be the first of its kind in the US. The Las Vegas-based gaming company is...
Caesars Partners with New York Mets, Plans Lounge at Citi Field
Caesars Entertainment and the New York Mets announced today the gaming company is the official sportsbook partner of the Major League Baseball (MLB) club. News of the agreement arrives in advance of MLB Opening Day, April 7. It also comes just three...
Clark County Commission OK’s Las Vegas Strip Closure for NFL Draft
At its Tuesday meeting, the Clark County Commission signed off on a massive closure of part of the Las Vegas Strip related to the upcoming NFL Draft. The commission unanimously voted to shut down traffic flow between Las Vegas Boulevard and Koval...
JACK Entertainment Debuts Free-to-Play Ohio Sports Betting App
Sports betting is legal in Ohio, but it’s not yet live. JACK Entertainment is filling the void, rolling out its free-to-play betJACK mobile app yesterday ahead of the launch of live wagering. JACK Entertainment -- the JACK Cleveland Casino and JACK Thistledown...
Light & Wonder Wraps Up Lottery Sale, Aims to Slash Debt, Buyback Stock
Light & Wonder (NASDAQ:SGMS) has completed the previously announced sale of its SG Lottery unit, putting the gaming company on track to go about reducing its debt burden. Previously known as Scientific Games, Light & Wonder last October announced the sale of...
