4975 stories by Todd Shriber
Melco Mulling Alternatives for Manila Casino Hotel
Melco hired investment banks to examine alternatives for City of Dreams Manila Operator did not say a sale of the casino resort is in the cards Melco Resorts & Entertainment (NASDAQ: MLCO) announced today that it hired a pair of investment banks...
Rush Street Interactive ‘Attractive’ Online Gaming Play, Says analyst
Stock plunged today despite Q4 earnings beat, rosy guidance Canada, Latin America contribute to bull case Despite a fourth-quarter results that soundly beat estimates and the lifting of 2025 revenue guidance, shares of Rush Street Interactive (NYSE: RSI) plunged 15.26% today on...
Wynn Says Dialogue with Fertitta to Continue
Comments arrive as investor has opportunity to increase stake Fertitta is already the largest individual shareholder in Wynn Wynn Resorts (NASDAQ: WYNN) said its relationship with Tilman Fertitta, the company’s largest individual shareholder, is strong and that it’s open to continuing discussions...
Light & Wonder Mulls Possibility of Sole Listing on ASX
Company hired investment banks to examine the move It could result in two primary listings or single listing in Australia Light & Wonder (NASDAQ: LNW) said it’s considering listing options for its shares, including adding the Australian Securities Exchange (ASX) as a...
Caesars Could Sell More Assets in Bid to Further Pare Debt
Caesars still considering noncore asset sales Deals could be harder to come by this year Caesars Entertainment (NASDAQ: CZR) indicated it remains open to selling noncore assets, including casinos, as it continues debt-reduction efforts, but warned transactions could be harder to come...
MGM China Looking for $2 Billion in Financing
Company runs two Macau casino resorts Would be its first loan since the coronavirus pandemic MGM China is reportedly in talks with a group of lenders regarding a $2 billion syndicated loan, which would be the casino operator’s first round of financing...
Virgin Las Vegas Rolls Out New Rewards Program
Virgin Las Vegas announces new customer rewards program Cherry Rewards scheduled to debut in March Virgin Hotels Las Vegas announced the debut of its new casino and hotel loyalty platform, Cherry Rewards. That program is expected to launch in March. The move...
Tilman Fertitta Now Biggest Individual Investor in Wynn Resorts
Fertitta is biggest Wynn shareholder Stake could increase if purchase option is exercised before May 13 Tilman Fertitta is now the largest individual shareholder of Wynn Resorts (NASDAQ: WYNN) with rights to control more than 10% of the casino operator’s shares outstanding....
Caesars, Flutter Among Stocks Most Important to Hedge Funds
Hedge funds have large exposure to the pair of gaming stocks Caesars a top holding for many hedge funds Caesars Entertainment (NASDAQ: CZR) and Flutter Entertainment (NYSE: FLUT) are among the US-listed stocks that are most important to hedge funds. Goldman Sachs...
Trump’s ‘Foreign Adversaries’ Trade List Includes Macau
Trump wants to limit China investment in US Macau could feel effects, but impact still unclear Macau, the world’s largest casino market, could feel collateral effects in a potential US/China trade war. Last week, President Trump pushed the Committee on Foreign Investment...
