Main menu
Todd Shriber
5658 stories by Todd Shriber
Marina Bay Sands Paying Wang $6.5 Million, Ending Gambler Suit Claiming Cash Sent to Other Guests
Marina Bay Sands Pte. -- the holding company for the Singapore integrated resort of the same name operated by Las Vegas Sands (NYSE:LVS) -- is settling a lawsuit with a disgruntled gambler for $6.5 million....
Eldorado Lands Higher Price Target as Analyst Lauds Regional Efficiencies
As it nears completion of its acquisition of Caesars Entertainment (NASDAQ:CZR), Eldorado Resorts (NASDAQ:ERI) remains one of the preferred gaming equities among sell-side analysts. Wolfe Research analyst Jared Shojaian recently boosted his price forecast on...
Eldorado Finally Wins New Jersey Approval to Acquire Caesars, Checks Last Regulatory Box
After more than two days of testimony from economists, executives, and other experts, the New Jersey Casino Control Commission (CCC) finally signed off on Eldorado Resorts' (NASDAQ:ERI) $17.3 billion acquisition of Caesars Entertainment (NASDAQ:CZR). That...
Wynn Macau Trims Daily Cash Burn to $2 Million, Guangdong Border Opening Expected to Help
Wynn Macau burned about $2 million a day during the time that travel restrictions were in place between mainland China, Hong Kong, and the gaming center. But that figure could improve with the elimination of...
California Man Bilks Government Out of $8.5 Million in PPP Funds, Spends Some at Bellagio, Other Casinos
Andrew Marnell of Los Angeles was charged Thursday by federal prosecutors with fraudulently obtaining $8.5 million in Paycheck Protection Program (PPP) loans and allegedly spending some of that cash at the Bellagio and other Las...
Eldorado Contending With New Jersey Regulators’ ‘Uncertainty’ on Caesars Deal, Testimony Heads to Third Day
Members of the New Jersey Division of Gaming Enforcement (DGE) are expressing concerns about Eldorado Resorts' (NASDAQ:ERI) proposed $17.3 billion takeover of Caesars Entertainment (NASDAQ:CZR), causing testimony on the acquisition to drag into a third...
Leisure Acquisition Drops Gateway Casinos Deal, Rare Example of SPAC Taking Pass in Gaming Space
Leisure Acquisition Corp. (NASDQ:LACQ), a special purpose acquisition company (SPAC), is scuttling a $1.15 billion deal to merge with Gateway Casinos & Entertainment, a pact that would have taken the Canadian gaming firm public. New...
Macau Scrapping Mainland Quarantine Policy Credit Catalyst for Operators, Says Moody’s
On Wednesday, travel between Guangdong province and Macau got a little easier with the removal of 14-day coronavirus quarantine policies. It's a move that could firm the credit ratings of the gaming hub's concessionaires, according...
DraftKings Inks Deal With Premier Lacrosse League Ahead of Summer Tournament
DraftKings will be the official betting partner of the Premier Lacrosse League (PLL) and the association's lone regulated gaming sponsor, announcing the deal just days before PLL's summer tournament starts. DraftKings revealed the agreement Thursday...
Louisiana Governor Says Eight Is Great for Daily Fantasy Sports Tax Rate
Louisiana Gov. John Bel Edwards (D) earlier this week signed off on a tax rate of eight percent on daily fantasy sports (DFS) contests, paving the way for DFS legitimacy in the Pelican State. House...
