4982 stories by Todd Shriber
Minnesota Sports Betting Bills Coming Next Week, Odds of Passage Appear Long
Minnesota lawmakers from both sides of the aisle are readying sports wagering legislation that could be introduced as soon as next week. Despite the bipartisan push, it's going to take some work to pass a comprehensive bill. State Rep. Pat Garofalo (R-Farmington)...
Melco Resorts Debt Could Swell to $7 Billion Warns Moody’s
Melco Resorts & Entertainment (NASDAQ:MLCO) could see its debt burden balloon over the next 12 to 18 months. That's as the pace of recovery in the world's largest casino center remains lethargic. The company is one of the six concessionaires in the...
Playtika Soars After IPO Priced Above Expected Range
Mobile gaming company Playtika (NASDAQ:PLTK) is surging in its first day of trading after its initial public offering (IPO) was priced well above estimates. In a Form S-1 filing last week with the Securities and Exchange Commission (SEC), the Israeli company said...
Fertitta Eyeing Another SPAC Deal to Bring Golden Nugget, Landry’s Restaurants Public
Tilman Fertitta is reportedly in discussions with Fast Acquisition Corp. (NYSE:FST) on a merger that would provide an avenue for the billionaire to bring his Golden Nugget casinos and Landry's restaurants operations public. Shares of Fast, a special purpose acquisition company (SPAC),...
Penn National Analysts Divided on Fate of Hot Gaming Stock
Broadly speaking, Wall Street analysts are bullish on Penn National Gaming (NASDAQ:PENN). But that view isn't universal, with plenty of sell-side debate on the name emerging today. At least three analysts chimed in on the regional gaming stock on Thursday. Views ranged...
Las Vegas Sands to Continue Prioritizing Asia Following Adelson’s Death, Says Research Firm
Las Vegas Sands (NYSE:LVS) will keep its operational focus honed on the Asia-Pacific region following the death of Chairman Sheldon Adelson, say analysts. The casino mogul passed away Tuesday of complications from non-Hodkinson’s lymphoma. He was 87. Adelson was widely credited with...
Choice Hotels, Penn National Gaming Reveal Loyalty Rewards Reciprocal Agreement
Choice Hotels International and Penn National Gaming are expanding their customer loyalty platforms to broaden appeal to members of both programs. As part of the agreement, members of Choice Privileges can book stays at any of Penn's 41 gaming properties across 19...
NBA Digital Betting Partners Search Could be Meaningful for DraftKings, fuboTV
The NBA is discovering that bettors are more likely to tune into the league's broadcasts and watch for longer stretches of time. One analyst believes that could compel the association to develop telecasts catering directly to gamblers. Oppenheimer analyst Jed Kelly says...
Golden Nugget Online Glitters as Analyst Says ‘Buy’
Golden Nugget Online Gaming (NASDAQ:GNOG) is standing out as one of Wednesday's best-performing gaming equities. That's after a Wall Street analyst touted the company's enviable positioning in the internet casinos and online sports betting markets. In a note to clients today, Benchmark's...
Tropicana Las Vegas Officially for Sale Again, Penn National Expected to Part with Operating Rights
Tropicana Las Vegas is on the market again. The move comes less than 10 months after Penn National Gaming (NASDAQ:PENN) sold the real estate of the famed Strip venue to Gaming & Leisure Properties (NASDAQ:GLPI). Both the venue and Penn's operating rights...
