5359 stories by Todd Shriber
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...
Sands China Can Survive at Least Through 2022 End, Says Company
Sands China, the Macau arm of Las Vegas Sands (NYSE:LVS), said it drew $201 million on a credit revolver last month, providing the gaming company with enough capital to survive through the end of this year. The owner of five integrated resorts...
Caesars Scottsdale Construction Commences, Early 2024 Opening Eyed
Real estate development and property management company HCW confirms that construction is underway for the Caesars Republic Scottsdale. Plans for the venue were announced more than three years ago under a prior leadership regime at Caesars. The 11-story hotel, which will feature...
Light & Wonder Earns ‘BB’ Credit Grade in Initial Fitch Rating
Light & Wonder (NASDAQ:SGMS), the company formerly known as Scientific Games, earned a “BB” credit mark in its first grade from Fitch Ratings, putting the slot machine manufacturer in non-investment grade territory. The company reported a debt of $8.8 billion as of...
Las Vegas Sands Drops 2022 Florida Casino Ballot Effort
Las Vegas Sands is scrapping its effort to put a ballot question before Florida voters this year regarding a new casino-resort in the northern part of the state. That's fwollowing a months-long legal spat and heavy spending, The effort pitted Sands against...
DraftKings, FanDuel Off to Fast Starts in Arizona Sports Betting
Some familiar names are pacing the field in the rapidly growing regulated sports wagering market in Arizona. DraftKings (NASDAQ:DKNG) and FanDuel, which along with BetMGM, usually control the top three spots in the states in which they offer online sportsbooks, are leading...
William Hill Wants to Renew Palms Sportsbook Rights
Palms Casino Resort is slated to reopen later this month after a more than two-year absence from the Las Vegas gaming scene. A well-known name is angling to continue operating the sportsbook there. An agenda for the April 6 meeting of the...
MGM Credit Rating Lowered Further Into Junk Territory by Moody’s
Moody’s Investors Service has trimmed MGM Resorts International’s (NYSE:MGM) credit rating to “B1” from “Ba3,” moving the casino operator’s grade one notch further into non-investment grade territory. Among other issues, Moody’s cites ongoing weakness in Macau as one of the reasons for...
