5361 stories by Todd Shriber
Boyd Soars Following Surprising Financial Update, Analyst Sees ‘Three Team Parlay’ Propelling Stock
Boyd Gaming (NYSE:BYD) stock is higher by nine percent in midday trading. That's after the regional gaming company delivered second-quarter results late Tuesday that were significantly less bad than Wall Street expected. It prompted one analyst to wax bullish on the name...
Marina Bay Sands, Resorts World Could Get Bubble Benefit if Malaysia, Singapore Come to Terms
Malaysia and Singapore are discussing a travel bubble. Assuming it comes to fruition, that could be integral in the rebound hopes of the city-state's two integrated resorts, Marina Bay Sands (MBS) and Resorts World Sentosa. After being closed for more than three...
Boyd Boosted by Buoyant Results, Stock Soars
Shares of Boyd Gaming (NYSE:BYD) surged more than five percent in Tuesday's after-hours session, after the Orleans owner reported second-quarter results that easily topped Wall Street expectations. The Aliante operator said it lost 96 cents a share on revenue of $209.68 million...
Macau Mass Market Crucial to Gaming Hub Recovery Hopes
Macau's hopes to rejuvenate its ailing gaming industry lie more with mass market gamblers than high rollers. That could be a positive over the long-term, but presents challenges at a time when travel to the gaming center is still limited, according to...
Tropicana Las Vegas on Market, Gaming and Leisure Could Explore Leaseback, Outright Sale
Gaming and Leisure Properties (NASDAQ:GLPI) -- the owner of the property assets of the Tropicana Las Vegas -- is reportedly shopping the iconic Strip venue and is considering a sale-leaseback transaction or an outright sale. An article in the Las Vegas Review-Journal...
Caesars Slumps Following Merger, But Analyst Sees Long-Term Buying Opportunity
Shares of Caesars Entertainment (NASDAQ:CZR) are off about 25 percent since the acquisition creating the gaming Goliath was finalized earlier this month. But one analyst views the weakness as an opportunity for long-term investors to get involved with the name. In a...
MGM Resorts Cancels August Entertainment Events, Related Staff to Be ‘Separated’ From Company
With coronavirus cases flaring up across the country, MGM Resorts International said it will not restart live entertainment events prior to Aug. 31. The news was originally reported earlier today by the Vital Vegas blog, which obtained a copy of a letter...
DraftKings Stock Stung by Illinois Registration Decision, MLB COVID-19 Postponements
Shares of DraftKings (NASDAQ:DKNG) are slumping Monday, with the stock being hit on multiple fronts, including Illinois political decisions and postponements of Major League Baseball (MLB) games because of COVID-19 outbreaks among players. Once-hot DraftKings stock is lower by nearly seven percent...
Rush Street Interactive Close to Confirming Public Debut, SPAC Deal Values Company at $1.8B
Rush Street Interactive, the online casino business of Rush Street Gaming, is reportedly close to announcing it will go public via a merger with a special purpose acquisition company (SPAC). It is a transaction valuing the gaming firm at $1.8 billion. Citing...
Rush Street Interactive Considering Public Life in Deal with SPAC dMY Technology
Rush Street Interactive could be the latest in a growing line of gaming technology firms to become publicly traded via a deal with a special purpose acquisition company (SPAC). Citing unidentified sources, Bloomberg reports that the developer of real money and social...
