4981 stories by Todd Shriber
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...
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...
Century, Golden Entertainment Among Best Regional Casino Cash Flow Stories, Says Analyst
In what’s been a trying start to 2022 for the broader gaming equities complex, some regional casino operators are standing out, and they have something in common: Ability to generate free cash flow (FCF). Operators with sturdy balance sheets and impressive FCF-generating...
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...
