Areas of Expertise
5082 stories by Todd Shriber
William Hill Wins Regulatory OK to Run Palms Sportsbook
The Nevada Gaming Commission (NGC) has signed off on William Hill running the sportsbook at the soon-to-be reopened Palms Las Vegas. The NGC made the call in a unanimous Thursday vote, with the approval coming ahead of the Wednesday, April 27 reopening...
theScore, Fanduel Establish Early Leads in Ontario Sports Betting
Homegrown contender theScore Bet and FanDuel are off to fast starts in the newly launched regulated sports betting market in Ontario, Canada. Legal single-game sports wagering debuted in Canada’s most populous province on April 4, and less than three weeks in, theScore...
Macau Casino Companies Could Face Junket Liabilities up to $6.3B, Says Credit Suisse
Macau concessionaires could be on the hook for as much as $6.37 billion in agent claims. That's following the collapse of major junket operators in the region, say Credit Suisse analysts. Credit Suisse analysts Kenneth Fong, Lok Kan Chan, and Sardonna Fong...
Playtika Solitaire Game Contributing to Planting of New California Forest
In honor of Earth Day, mobile gaming company Playtika is joining a slew of corporations commemorating the occasion. It is leveraging one of its popular solitaire games to assist in the planting of a forest in California. The company said its Solitaire...
Monarch Casino Stock Tumbles on Macro Concerns, Analyst Downgrades
Monarch Casino & Resort (NASDAQ:MCRI) entered Thursday as one of this year’s best-performing gaming stocks. But on a brutal day for the group, the regional casino operator joined the growing list of slumping gaming names, as analysts downgraded the shares. Coming into...
VICI Selling $5B in Bonds to Fund MGP Notes Exchange, Reduce Other Debt
VICI Properties (NYSE:VICI) announced today it’s selling $5 billion worth of senior unsecured notes. The bulk of those proceeds are going to a notes exchange with MGM Growth Properties (NYSE:MGP), which the former is in the process of acquiring. The Caesars Palace...
Las Vegas Sands Invests In U.S. Integrity
Las Vegas Sands (NYSE:LVS) is taking a stake in U.S. Integrity -- a provider of data analytics and technology used to identify unscrupulous betting behavior, including match-fixing and other forms of game manipulation. Financial terms of the investment weren’t disclosed. Las Vegas-based...
Monarch Casino Shifts Focus to Reno Atlantis Following Colorado Splurge
After shelling out $400 million to enhance its namesake venue in Black Hawk, Colo., Monarch Casino & Resort (NASDAQ:MCRI) is turning its attention back to the Atlantis Casino Resort Spa -- the operator’s venue in its home market of Reno. While there...
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 every other major market. The American Hotel...
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 its home market of Las Vegas and...