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Todd Shriber
5664 stories by Todd Shriber
MGM CEO Hornbuckle Not Showing Hand on Possible Cosmopolitan, Entain Acquisitions
MGM Resorts International (NYSE:MGM) is at the center of a pair of the gaming industry's biggest takeover rumors. But CEO Bill Hornbuckle isn't divulging what the company's plans are on those fronts. Speaking Monday with...
Las Vegas Sands, Wynn Lead Macau Stocks Lower as China Seeks More Control
Shares of Macau concessionaires are slumping Tuesday. That's after the special administrative region's (SAR) government said it's looking to exert more control over casino operations. In early trading, Las Vegas Sands (NYSE:LVS), the biggest Macau...
MGM Stock Upgrade as Analyst Sees Sports Betting Driving Upside
MGM Resorts International (NYSE:MGM) stock is up 34.21 percent year-to-date, making it one of the best-performing large-cap gaming equities. But one analyst forecasts much more upside for the casino operator, driven by sports wagering. In...
Caesars Selling $1.2 Billion in Bonds to Retire Other Debt
Caesars Entertainment (NASDAQ:CZR) is selling $1.2 billion in senior notes to higher interest rate debt that's maturing sooner than the new offering. The casino operator said last Friday it priced $1.2 billion worth of corporate...
NFL Kickoff Significant Spark for Sports Betting Stocks, Says Macquarie
The 2021 NFL season got going Thursday when the Tampa Bay Buccaneers defeated the Dallas Cowboys. But the campaign starts in earnest today, and that could be a boon for sports betting stocks, according to...
MGM CFO Jonathan Halkyard Details BetMGM Global Ambitions
MGM Resorts International (NYSE:MGM) CFO Jonathan Halkyard says the company is working on plans to make the BetMGM iGaming and sports wagering business a global brand. The executive made the remarks at the Bank of...
Sands Primary Markets Won’t Return to Pre-Pandemic Levels Until 2023-24, Says Fitch
Las Vegas Sands (NYSE:LVS) maintains an investment-grade credit rating from Fitch Ratings. But the research firm has a negative outlook on that grade, noting it will take time for the operator's marquee gaming markets to...
International Game Technology Forming Dedicated iGaming, Sports Betting Unit
International Game Technology (NYSE:IGT) is tapping into the booming internet casinos and sports wagering industries, announcing the creation of a dedicated digital and betting unit. The London-based company's iGaming and sports wagering enterprises were previously...
VICI Properties Selling Stock to Fund Venetian Purchase, Reduce Debt
VICI Properties (NYSE:VICI) stock is sliding in early trading Thursday after the gaming real estate investment trust (REIT) said it's selling up to 115 million shares to raise capital. The owner of Caesars Palace revealed...
Apollo Mulling Run at Scientific Games Lottery Business
Private equity firm Apollo Global Management (NYSE:APO) is reportedly considering making an offer for Scientific Games' (NASDAQ:SGMS) lottery business. The rumor surfaces as Apollo was bested in its quest to acquire William Hill's international businesses,...
