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Todd Shriber
5664 stories by Todd Shriber
Bragg Gaming Issues Upbeat Q2 Sales Guidance, Says Nasdaq Listing on Pace for Q3
Canadian gaming technology provider Bragg Gaming (OTC:BRGGF) said earlier this week its second-quarter revenue should surge 23.5 percent on a year-over-year basis. It could also list its shares on the Nasdaq Stock Market sometime in...
Melco Stock Slumping, But Earns Praise as Pandemic Rebound Play
Amid a slow recovery in its marquee market of Macau, one stymied by a recent surge in coronavirus cases throughout Asia, Melco Resorts & Entertainment (NASDAQ:MLCO) is in a funk. While shares of the City...
Las Vegas Sands Could Be Targeting Jacksonville for Florida Casino
Las Vegas Sands is mulling an array of options to bring a casino to Florida, with indications mounting that the effort is likely to focus on Jacksonville. The largest gaming company by market value recently...
IGT Top Pick In Gaming Supplier Stocks, Analyst Sets Q2 Earnings Beats
Gaming supplier stocks are outperforming shares of casino operators and the broader market this year, with International Game Technology (NYSE:IGT) among the names earning praise from analysts. In a note out Wednesday, Macquarie analyst Chad...
AIG Asks Ninth Circuit to Uphold Ruling On Circus Circus COVID-19 Claims
AIG Specialty Insurance Co. is asking the Ninth Circuit Court of Appeals to uphold a US district court's ruling. The lower court ruled that the carrier isn't on the hook to pay coronavirus-related damages to...
Macau Gaming Revenue Trending Higher to Start July
Following a dismal showing in June, gross gaming revenue (GGR) in Macau is off to a strong start in July, according to analysts. In a note out Monday, research firm Bernstein said GGR in the...
Genting Among Biggest Spenders on New York Lobbying in 2020
As part of its efforts to expand casino gaming closer to New York City, a unit of Genting Malaysia was among New York's biggest spenders on political lobbying. Last year, Genting New York spent $1.22...
CityCenter Transaction Credit Negative for MGM Due to Lease Obligations, Says Moody’s
Purchasing the 50 percent of CityCenter it didn't previously own and selling the real estate of Aria and Vdara casino resorts carries negative credit implications for MGM Resorts International (NYSE:MGM). That's the view of Moody's...
Las Vegas Sands Going Digital with New Investment Arm
Las Vegas Sands (NYSE:LVS) is making a long awaited foray into digital gaming, announcing today it's creating an investment arm dedicated to that effort. The unit will be led by Davis Catlin, who joins the...
Flutter Rumored to Postpone FanDuel Spinoff Until 2022
Flutter Entertainment (OTC:PDYPY) will reportedly delay the highly anticipated spinoff of its FanDuel business until next year. Earlier this year, the Betfair parent confirmed it's mulling a public listing of FanDuel, as investors pressed the...
