5402 stories by Todd Shriber
Macau Luring VIPs Following Coronavirus Closure, But Not Enough to Boost GGR
The coronavirus pandemic isn't keeping some high rollers away from Macau. But their visitation and spending numbers weren't enough to prop up the Special Administrative Region's (SAR) gross gaming revenue (GGR). A study by the Macau Research Center, which covered the late...
Louisiana Sports Betting Legislation Moves Forward, Parish Votes Expected in November
Last week, the Louisiana State Senate voted 29-8 to advance sports betting legislation proposed by Sen. Cameron Henry (R-Metairie). That potentially sets the stage for the measure to be considered on a parish-by-parish basis in November. Henry's Senate Bill 130 allows for...
Century Casinos Rebound Isn’t Done Yet, Say Analysts
Century Casinos (NASDAQ:CNTY) was active last week, and all that activity prompted a 37 percent spike in the stock, even with a 4.13 percent decline last Friday. In addition to delivering first-quarter results, the company announced that its eight gaming properties in...
Wynn Earns High Marks in Massachusetts for Enhanced Sexual Misconduct Policies
Wynn Resorts earned a mostly glowing report from the law firm hired by the Massachusetts Gaming Commission (MGC) to evaluate the operator's efforts and policies to limit sexual misconduct at the Encore Boston Harbor property and throughout the company. The law firm...
Viva Las Vegas: Sisolak Sets Target Date of June 4 for Nevada Casino Reopening
Setting the stage for Nevada's ailing, gaming-driven economy to begin recovering, Gov. Steve Sisolak said Friday he's setting June 4 as the target for casinos to reopen across the Silver State. The news comes as Nevada's gaming venues are past the two-month...
Michael Burry of ‘Big Short’ Fame Takes Stakes in Las Vegas Sands, Wynn Resorts
Michael Burry, the hedge fund manager profiled in the hit movie The Big Short, doesn't just short securities in the mortgage market. His Scion Asset Management owns long positions in various companies, including recently added stakes in Las Vegas Sands (NYSE:LVS) and...
DraftKings Looks for Faster Illinois Entry With Services License Application
DraftKings is looking to skirt a cumbersome 18-month waiting period for online betting operators in Illinois and could use management services licenses to do just that. When the Prairie State passed broader gaming expansion legislation last year, a provision was included in...
San Manuel Extends Closure While Other Southern California Tribal Casinos Reopen
For a fourth time, the San Manuel Band of Mission Indians is extending the shutdown of its eponymous gaming property in Southern California. That's while rival tribal operators in the region move to reopen their casinos as soon as today. San Manuel,...
Las Vegas Sands Upgraded as Credit Suisse Sees Operator Gaining Macau Market Share
Las Vegas Sands (NYSE:LVS) is already the largest operator in Macau. But Credit Suisse analyst Ben Combes sees the company increasing its dominance in the world's largest gaming center at the expense of its rivals. In a note to clients earlier Thursday,...
Century Casinos Inks Colorado Online Sports Betting Deal With bet365, Analyst Likes Long-Term Outlook
Century Casinos (NASDAQ:CNTY) is adding to its sports betting offerings in Colorado. It has announced a partnership with bet365 that will see the companies offer offer internet and mobile sports betting in the Centennial State as the sports calendar increases following the...
