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Todd Shriber
5666 stories by Todd Shriber
Las Vegas One of Just Three Markets to Surpass 2019 Business Travel Levels
The hotel industry will miss out on $20.6 billion in business travel-related revenue this year, another sign the group is still struggling with the effects of the coronavirus pandemic. But Las Vegas is better-positioned than...
Circa Sports Heads to Reno, Eyes Summer Launch at Legends Bay Casino
Circa Sports is on its way to northern Nevada, targeting the debut of a sportsbook in the coming months at the Legends Bay Casino in Sparks. It’s Circa’s first retail sportsbook in Nevada outside of...
Full House Stock Can Double, EBITDA Triple, Says Analyst
Full House Resorts (NASDAQ:FLL) stock is up more than 5% in early trading Tuesday after an analyst said the regional casino operator is a catalyst-rich story with double potential. In a note to clients today,...
Penn National’s theScore Off to Fast Start in Ontario
Regulated mobile sports wagering debuted in Ontario, Canada, on April 4. Channel checks indicate theScore Bet is off to an impressive start by at least one metric. In a note to clients today, Morgan Stanley...
Everi, Golden Entertainment Among Gaming Equity Free Cash Flow Leaders
With interest rates rising and inflation soaring, companies’ ability to generate free cash flow (FCF) is all the more important. The gaming industry is home to several that are answering that call. In a note...
Light & Wonder Slashes Debt to $4 Billion from $8.8 Billion
Light & Wonder (NASDAQ:SGMS) is firming its balance sheet in a big way, announcing that its debt burden is now $4 billion, down from $8.8 billion. Through a series of transactions, including the sale of...
DiamondJacks Bossier City Could Be for Sale
DiamondJacks Casino in Bossier City, La., appears to be on course to be sold as a regulatory deadline to reopen the venue nears. The Louisiana Gaming Control Board (LGCB) recently extended to owner Peninsula Pacific...
Las Vegas Place To Be for Casino Stock Investors
This year has brought struggles to gaming equities this year. But investors shouldn't leave Las Vegas, according to Macquarie analyst Chad Beynon and team. In a report out Thursday, the analysts point out searches for Las...
Thailand Casino Study Will Be Submitted in May
A committee studying the feasibility of bringing an integrated resort to Thailand is scheduled to submit its findings to the country’s House of Representatives next month. The so-called extraordinary committee studying the matter is made...
New York Casinos to Have Varying Credit Effects on Operators, Says Fitch
New York’s 2023 budget features a process to award three downstate casino licenses. The potential for added competition from the largest US city is expected to have a mixed impact on the credit profiles of...
