4979 stories by Todd Shriber
MGM Taking Airline Approach to Boosting Earnings
Moves follows increased parking prices and resort fees Higher ATM fees, recycling furniture among initiatives In a bid to boost earnings and cut costs, MGM Resorts International (NYSE: MGM)is taking a page from the airline industry’s playbook, embracing higher fees and cost-cutting...
Penn Entertainment Stock Could Be Durable in Mild Recession
Penn Entertainment stock has been a laggard Thesis belies conventional view of gaming stocks in recessions In what may come as a surprise to some investors, Penn Entertainment (NASDAQ: PENN) could be among the more durable stocks should a mild recession come...
Bangkok, Phuket Among Cities for Initial Thailand Casinos
Capitol city, three others named as initial homes to Thai casinos Ministry of Finance still considering public comment on casino gaming With casino gaming legislation advancing in Thailand, the country has named Bangkok, Chon Buri, Chiang Mai, and Phuket as the initial...
Florida Likely Only State to Add iGaming Over Next Several Years
iGaming legislation continues faltering Florida could be only state to add it through 2027 The start of each new year brings optimism that more states will approve internet casinos, and 2025 was no exception. But less than three months into the year,...
Century Casinos Call Turns Testy as Investors Decry Stock Slide
Pair of shareholders infiltrated conference call, criticizing executives One investor demands CEO change and a focus on the US Century Casinos’ (NASDAQ: CNTY) fourth-quarter earnings conference call turned acrimonious when a pair of shareholders hopped on to bash management while pointing out...
DraftKings Mulls Prediction Market Entry
Sportsbook operator submitted filing for “DraftKings Predict” Could be acknowledgement of potential threat from Kalshi, others An entity with ties to DraftKings (NASDAQ: DKNG) submitted a filing with the National Futures Association (NFA) for a business called “DraftKings Predict,” signaling the sportsbook...
Boyd Gaming Upgraded as Analyst Sees Value in Stock
Boyd upgraded despite sluggish regional casino trends Analyst calls the stock an "actionable long" Shares of Boyd Gaming (NYSE: BYD) traded modestly higher Wednesday after the regional casino stock was upgraded by a sell-side analyst. In a new report to clients, Susquehanna...
Churchill Downs Unveils $500 Million Buyback Plan
Churchill Downs could repurchase up to $500 million of its stock Replaces buyback plan announced in September 2021 Shares of Churchill Downs (NASDAQ: CHDN) traded higher in Wednesday’s after-hours session after the gaming company announced a new $500 million share repurchase program....
MGM Adds NBCUniversal Chairman Langley to Board
Langley has full oversight of NBCUniversal entertainment offerings She becomes the 13th board member at the gaming company MGM Resorts International (NYSE: MGM) said today it appointed Dame Donna Langley to its board of directors, making her the 13th member of the...
Las Vegas Sands Stock a Long-Term Redemption Story
Valuation is low relative to stock’s history Macau gaming equities could outperform later this year Down 12.73% to start the year, Las Vegas Sands (NYSE: LVS), like many other gaming stocks, is ailing and in need of a spark. That could come...
