Areas of Expertise
5133 stories by Todd Shriber
The Strat Casino Debuts Rewards Program for Las Vegas Locals
Golden Entertainment-owned casino hotel launches loyalty plan targeting Las Vegas locals segment Program includes free parking The Strat Hotel, Casino & Tower introduced a new loyalty program -- “Strat True Locals” -- geared toward Las Vegas locals. Strat True Locals is a...
Full House Stock Surges as CEO Lee Buys 276K Shares
Stock soars on news of CEO share purchase Regional casino operator extends Lee’s contract through June 2030 Shares of Full House (NASDAQ: FLL) are higher by 18.10% on volume that’s already approaching the daily average in early trading Wednesday following the release...
Bet365 Could Bid for Open New York Sports Betting License
License coming open because Resorts World Bet is leaving at end of June New York is one of the largest markets Bet365 has yet to enter Bet365 is rumored to be considering a bid for a soon-to-be vacated online sports betting permit...
Casino Association of New Jersey Joins Fight Against Kalshi
Trade group representing New Jersey casinos files amicus brief in support of state’s appeal of Kalshi injunction Joins increasing list of groups filing amicus briefs against prediction markets giant Similar move occurred in Nevada earlier this month The Casino Association of New...
DraftKings, Flutter Credit Ratings Safe Despite Tax Hikes
Higher sports betting taxes unlikely to harm DraftKings, Flutter credit profiles Operators’ ratings reflect sector momentum, says Fitch The corporate credit profiles of Flutter Entertainment (NYSE: FLUT) and DraftKings (NASDAQ: DKNG) are unlikely to suffer at the hands of recent state-level tax...
Two Vora Nominees Joining Penn Board, Clifford Garners Majority Support
HG Vora nominees Hartnett, Ruisanchez joining Penn Entertainment board Clifford receives majority support as well His fate could be determined in court At Penn Entertainment’s (NASDAQ: PENN) annual meeting today, the regional casino operator formally accepted two HG Vora candidates to its...
BetMGM Ups 2025 Guidance, Sees EBITDA of $100 Million on $2.6 Billion in Sales
BetMGM guidance now well ahead of forecasts announced earlier this year Sees momentum across both iGaming and sports betting Operator says first-quarter strength carried over into current quarter Supported by strength in its iGaming and sports wagering operations, BetMGM lifted its 2025...
GAMBLER Act Would Direct Sports Betting Tax to ICE
Ohio Republican proposes directing federal sports betting tax funds to ICE Bill was introduced Friday, following several days of protests in major cities against the immigration enforcement agency Rep. Mike Rulli (R-OH) on Friday introduced the Giving Alien Migrants Back through Lawful...
LVS Top Gaming Name on Forbes 2000 List, Flutter Lone OSB Stock
Las Vegas Sands ranked largest gaming company in the world by Forbes Flutter is lone dedicated iGaming/sports betting stock making the cut Las Vegas Sands (NYSE: LVS) is the top-ranked gaming company in the latest edition of the Forbes Global 2000 rankings....
BetMGM, Caesars Won’t Follow Rivals with Illinois Surcharge, Says Analyst
FanDuel, then DraftKings announced transaction fees in the state BetMGM, Caesars probably won’t follow suit, says analyst This week, FanDuel and then DraftKings (NASDAQ: DKNG) announced levies of 50 cents per wager in Illinois in response to the state’s latest online sports...