Areas of Expertise
5034 stories by Todd Shriber
Bally’s Surprises with Plans for Japan Casino
Bally’s (NYSE:BALY) stunned the gaming world Wednesday, saying it wants to bring an integrated resort to the Japanese city of Fukuoka and is hopeful the country will eventually consider future bids for gaming venues. Japan’s long-winding efforts to lure casino companies currently...
Kansas Sports Betting Bill Delayed After Surprising Amendment Failure
A legislative effort to bring regulated sports wagering to Kansas hit an unexpected roadblock Tuesday. That's when a lottery-related amendment failed on two occasions. House Bill 2740 (HB 2740) would legalize online and mobile sports betting in Kansas at the state’s land-based...
Caesars, Sun Country Planning Iowa-to-Laughlin Flight
Caesars Entertainment and Sun Country Airways are offering a charter flight from Waterloo, Iowa to Laughlin, Nev. The offering is part of the Caesars Rewards program, but patrons do not have to be members of the loyalty platform to participate. The package...
NHL’s Coyotes Want Arizona Gaming Law Altered for Arena Move
The NHL’s Arizona Coyotes are seeking a tweak to a newly minted sports betting law in the state. But local tribal gaming entities oppose the effort. The Coyotes are moving to Arizona State’s hockey arena next season, where the team will play...
Circa Las Vegas Rolling Out 35,000 Square Feet of Convention Space in September
Circa Las Vegas is throwing its hat in the convention and meeting business ring, announcing it will open 35,000 square feet of related space in September. The privately held casino operator made the announcement earlier today on its Twitter feed. Located in...
Bally’s Gamesys Notches Content Deal with Gaming Arts of Las Vegas
Bally’s announced today its Gamesys unit struck a five-year deal with Gaming Arts to bolster its portfolio of real money online casino games. Financial terms of the agreement weren’t disclosed, but the agreement is described as “exclusive.” Las Vegas-based Gaming Arts is...
Macau Casino Operators Facing Another Cash Crunch, Say Analysts
Reminiscent of the early days of the coronavirus pandemic, some casino operators in Macau are running low on cash. Morgan Stanley analysts estimate some will survive just months at current burn rates. The bank says concessionaires in the world’s largest casino hub...
Boyd Gaming Paying $170M to Acquire Pala Interactive
Boyd Gaming (NYSE:BYD) said today its Boyd Gaming Interactive unit is paying $170 million in cash to acquire Pala Interactive from California’s Pala Band of Mission Indians. Pala Interactive includes business-to-business (B2B) and business-to-consumer (B2C) platforms. News of the purchase comes soon...
DraftKings, Genius Sports Among Worst Stock-Based Compensation Offenders
Genius Sports (NYSE:GENI) and DraftKings (NASDAQ:DKNG) are the worst offenders in terms of equity-based compensation as a percentage of 2021 gross profits. That’s according to a list constructed by Twitter user JiggyCapital. By his data, sports betting data provider Genius’s stock-based compensation...
Bangkok Likely Home of First Thailand Casino
Not surprisingly, the government committee spearheading the effort to potentially bring casino gaming to Thailand is pushing for the country’s first integrated resort to be located in the capital city of Bangkok. The committee appears open to the idea of permitting more...