5658 stories by Todd Shriber
Sports Illustrated Prowling for Betting Partner
Authentic Brands Group (ABG), the owner of Sports Illustrated, is reportedly looking to pair the sports media property with a betting partner. The news was originally reported by the New York Post earlier today, which...
Macau Concession Renewal Could Extend Beyond 2022
Gaming licenses for Macau's six concessionaires will expire in mid-2022, and conversations about renewing the permits are expected to gain steam next year. But there's a real possibility the process will be delayed. Macau Chief...
BetMGM, NASCAR Rev Up Partnership, Eye In-Race Betting For 2021
In its quest to gain a bigger slice of the US sports betting pie, NASCAR is teaming up with BetMGM, making the online betting firm an authorized gaming partner of the largest stock car racing...
Twin River Pushes Pause on Buyback, Dividend, Remains Open to Acquisitions
Twin River Worldwide Holdings (NYSE:TRWH) is trading higher by more than five percent Tuesday. That's after the company reported better-than-expected second-quarter results, while noting it's pausing dividends and share repurchases. The operator of Rhode Island's...
Sands, Wynn Extend Rallies as Guangdong Reveals IVS Restart, Rest of China Following in September
On Tuesday, shares of Las Vegas Sands (NYSE:LVS) and Wynn Resorts (NASDAQ:WYNN) soared again. The stocks surged with news that Guangdong province will again issue individual visit scheme (IVS) travel permits on Aug. 26. Other...
IAC Unconventional MGM Investment Earns Rave Wall Street Reviews
IAC/InterActiveCorp's (NASDAQ:IAC) purchase of $1 billion worth, or 12 percent, of MGM Resorts International (NYSE:MGM) equity, news revealed on Monday, is eliciting praise from analysts covering both companies. Some are saying it's further confirmation of...
Century Casinos Rips Higher as Analyst Forecasts Two-Bagger
On a mixed day for gaming stocks, Century Casinos (NASDAQ:CNTY) is one of the names trading noticeably higher, a move hastened by bullish comments from a sell-side analyst. Shares of the small-cap regional gaming company...
Las Vegas Sands, Wynn Lead Macau Rally as Zhuhai Resumes Issuing Tourist Visas
Las Vegas Sands (NYSE:LVS) and Wynn Resorts (NASDAQ:WYNN) are among the gaming equities with Macau exposure rallying Monday. That came on news that at least one city in mainland China will resume issuing tourist visas...
Penn National Is Sizzling, But Analyst Sees Unfavorable Near-Term Risk/Reward
On the back of a decent second-quarter earnings report delivered last week, and favorable comments from management on July and August booking trends, Penn National Gaming (NASDAQ: PENN) notched a jaw-dropping weekly gain of almost...
Stars Casino Restores Gaming Operations With Outside Thinking, Literally
Stars Casino, a card room in Tracy, Calif., is bringing back gaming by moving the tables outside, a plan that went into effect today at noon local time. News of the reopening comes more than...