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Todd Shriber
5828 stories by Todd Shriber
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,...
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...
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...
