Areas of Expertise
4982 stories by Todd Shriber
Wynn Resorts Tipped as Winner as Good News Finally Emerges in Macau
Shares of Macau concessionaires are the brightest spots in an otherwise dismal day across the gaming equity complex, and Wynn Resorts (NASDAQ:WYNN) is getting in on the act. In late trading, shares of the Wynn Palace operator are higher by more than...
Century Casinos Selling Calgary Casino Property Assets for $6.5M
Century Casinos (NASDAQ:CNTY) is selling the property on which Century Casino Calgary is located for $6.5 million. The building is also included in the transaction with Rowanwood Financial Properties. Rowanwood Financial already paid $560,000 and the remainder is due upon closing, which...
Century Casinos is Catalyst-Rich Value Idea, Says Analyst
Century Casinos (NASDAQ:CNTY), a small-cap regional casino operator, is following other gaming equities lower in recent weeks. But those declines may be opening the door to a value proposition. That's the sentiment of Roth Capital analyst Edward Engel, who initiates coverage of...
Las Vegas Sands Is Cheap Quality Stock, Says Goldman Sachs
It's early in 2022, but it's already clear that there's division among analysts when it comes to casino stocks. Las Vegas Sands (NYSE:LVS) isn't immune to that trend. Still, the largest Macau operator has supporters on Wall Street, some of which are...
Penn National Among Bloomberg 50 Stocks to Watch in 2022
Penn National Gaming (NASDAQ:PENN) is coming of a brutal 2021, in which it was one of the worst-performing gaming equities. But even after the stock shed roughly half its value last year, some analysts believe it may bounce back in 2022. The...
DraftKings Replacing Scoreboard App in Oregon
The Oregon Lottery's often critiqued “Scoreboard” mobile betting app is nearing its last days. DraftKings is poised to become the state lottery's exclusive sportsbook provider this month. The gaming company and the Oregon Lottery made the announcement today, noting DraftKings Sportsbook will...
Maverick Challenging Washington Sports Betting Tribal Rule, Hires PAPSA Lawyer Olson
Maverick Gaming filed suit in the United States District Court for the District of Columbia on Tuesday. It is aiming to challenge what it claims is a sports betting monopoly held by tribal casino operators in Washington State. The card room operator...
Peter Luger, Famed New York Steak House, Coming to Caesars Palace
Peter Luger -- one of the names most synonymous with the New York steak house experience -- is coming to the Las Vegas Strip and will open in Caesars Palace at the end of this year. The combination of casinos and steak...
Las Vegas Sands Stock Finally Gets Some Love as JPMorgan Raises Ratings
Las Vegas Sands (NYSE:LVS) is in rally mode Tuesday, after drawing some support from a widely followed gaming analyst. In midday trading, the downtrodden casino name is higher by seven percent, on volume that already topped the daily average, after JPMorgan's Joseph...
Everi Boosting Game Content Portfolio in Atlas Gaming Deal
Gaming device manufacturer Everi Holdings (NYSE:EVRI) is ramping up its content library, announcing today it's purchasing certain assets from Australia-based Atlas Gaming. Atlas is a producer and provider of proprietary gaming content and products. Las Vegas-based Everi is acquiring select development technology...