4982 stories by Todd Shriber
Sands CEO Rob Goldstein Sees Macau Rebounding, Comfortable with Licensing
Las Vegas Sands (NYSE:LVS) CEO Rob Goldstein is comfortable with the gaming licensing situation in Macau, and believes it’s just a matter of time before the world’s largest casino center rebounds. Goldstein made the remarks at Bernstein’s 38th Annual Strategic Decisions Conference,...
Boyd Gaming Joins Buyback Binge with $500M Plan
Boyd Gaming (NYSE:BYD) is joining the gaming industry share buyback bonanza, today revealing a $500 million repurchase program. Potentially making that announcement all the more meaningful for investors is that this isn’t a new buyback scheme. Rather, the $500 million worth of...
Coolbet CEO Svendsen Rips GAN Leadership in LinkedIn Post
Former Coolbet CEO and founder Jan Svendsen recently took to LinkedIn with scathing commentary on GAN Ltd. (NASDAQ:GAN) -- the gaming technology provider that acquired his company last year. Svendsen, a 35-year gaming industry veteran with a track record of starting companies...
Caesars Offering $5,250 Annually in Student Loan Assistance for Staffers
Workers across a variety of industries struggle to service student loan obligations. But Caesars is easing that burden for its employees. The largest domestic gaming company by number of venues today announced a new education assistance program for its nearly 50,000 workers,...
Casino REITs Destination for Inflation Protection
Confirming the notion that the real estate sector is a good place to be when inflation is high, as is the case today, Gaming and Leisure Properties (NASDAQ:GLPI) and VICI Properties (NYSE:VICI) are both sharply outperforming the S&P 500, as well as...
Casino Stocks Inexpensive as Gaming Revenue Shows Resiliency, Says Analyst
Casino stocks are trading at heavily discounted valuations, and gross gaming revenue (GGR) is proving surprisingly sturdy against a challenging macroeconomic backdrop. That’s the sentiment of Roth Capital analyst Edward Engel, who in a note to clients today points out that while...
Penn National Earnings Improving Despite Tumbling Share Price
Simply because a stock’s price is sliding doesn’t mean the company can’t generate increasing earnings per share (EPS). Penn National Gaming (NASDAQ:PENN) is a prime example of that scenario. Credit Suisse recently screened S&P 500 member firms for names with the combination...
Gaming Stocks Are Often Losing Bets in June
If history holds true to form, the last thing already struggling gaming stocks want is the arrival of June. But that’s inevitable. Wednesday marks the start of the sixth month of the year, and with it arrives an often ominous stretch for...
Cosmopolitan Mortgage Bond Terms Boosted by Issuing Banks
A consortium of banks shopping a commercial mortgage-backed security (CMBS) issued by the owners of The Cosmopolitan Las Vegas are attempting to make the terms of the $3 billion in debt more attractive to lure investors. Bank of America Securities, Citigroup, Goldman...
Penn National Stock Has Penchant for Memorial Day Week Slumps
The Memorial Day trading week for US equity markets commences on Tuesday, May 31, as exchanges are closed Monday in observance of the holiday. With the shortened trading week beckoning, there are some trends to consider, including one that pertains to Penn...
