Areas of Expertise
5449 stories by Todd Shriber
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...
Red Rock Rallies Despite Sagging Earnings, Fertitta Quashes Palms Sale Rumor
Shares of Red Rock Resorts (NASDAQ:RRR) are soaring Wednesday, even after the operator posted first-quarter results that badly missed estimates. That indicates investors are focusing on comments from management confirming that the Palms isn't for sale. The company said it lost $2.18...
Sands Venetian Accepting June 1 Reservations, Palazzo to Follow at Later Date
Las Vegas Sands said today its iconic Venetian integrated resort on the Las Vegas Strip is accepting reservations for June 1. It added that guests visiting the property on that date and going forward can expect amenities similar to what was offered...
Goldman Sachs Becomes First Bank to Not Sweet-Talk DraftKings, Starts Coverage With Neutral Rating
Something unusual is happening with DraftKings (NASDAQ:DKNG) stock Tuesday: a Wall Street bank is picking up coverage of the name, but isn't waxing overtly bullish on the daily fantasy sports (DFS) giant. Earlier today, Stephen Grambling of Goldman Sachs started following DraftKings...