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Todd Shriber
5658 stories by Todd Shriber
Caesars Regional Casinos Shine in Reopening, Las Vegas Properties Not So Much
Caesars Entertainment (NASDAQ:CZR) says its regional properties continue performing well following recent reopenings, but its gaming venues in destination markets, such as Las Vegas, are struggling. The same sentiment is being articulated by Eldorado Resorts...
Mohegan Banks on Betfred for Virgin Hotels Las Vegas Sportsbook
British bookmaker Betfred will run the sportsbook inside Mohegan Sun Casino at Virgin Hotels Las Vegas when that venue opens in the fall. Mohegan Gaming & Entertainment (MGE -- the casino arm of the Connecticut...
Scientific Games Wants Shot at Rhode Island Lottery Scratcher Contract, IGT Balks
Scientific Games is asking Rhode Island lawmakers to open the bidding for a lucrative instant lottery ticket contract, one the gaming company says was awarded to rival International Game Technology (IGT) without a competitive bidding...
Colorado Posts ‘Encouraging’ $25.6 Million Handle in First Month of Legal Sports Betting
May 2020 was Colorado's first month in the legal sports wagering arena. All things considered, the state's $25.62 million handle is solid. When betting experts and historians look back on 2020, May will not go...
Melco, Wynn Lead Macau Stock Rally as US-Focused Operators Wilt Against COVID-19 Backdrop
Melco Resorts & Entertainment (NASDAQ:MLCO) and Wynn Resorts (NASDAQ:WYNN) led a rally in gaming equities Monday that was largely confined to companies with Macau exposure. That rally came after it was revealed Guangdong province will...
Macau Concessionaires Get Good News with End of Guangdong Quarantine Policy
In what could be the start of a rebound for Macau gaming operators, Guangdong province is lifting its 14-day quarantine policy on all visitors returning from the gaming center. That change goes into effect early...
Tennis Integrity Unit Monitoring Chicanery in Off-Tour Exhibition Tilts
The Tennis Integrity Unit (TIU) -- the organization that evaluates match-fixing allegations within the sport -- is investigating widespread claims of that nefarious deed at various off-tour exhibitions that are popping up in the wake...
New York Should Turn to Online Sports Betting to Boost Revenue, Says Muni Bond Manager
The COVID-19 pandemic is stressing cities and states, crimping revenue collection, and creating massive budget shortfalls. New York is in that boat, and one municipal bond manager believes the state could turn to sports wagering...
Wynn Resorts Fell Out of Favor with Hedge Funds Amid Q1 Slide
Wynn Resorts (NASDAQ:WYNN) stock was one of the most repudiated gaming names in the first quarter, experiencing a peak-to-trough decline of approximately 77 percent. That prompted some hedge funds to bail on the casino operator's...
Everi Gets Epic Lift After Analyst Says Stocks Will More Than Triple
Shares of Everi Holdings (NYSE:EVRI) are higher by nearly 24 percent in midday trading Friday, making the gaming software company one of the best-performing names on the New York Stock Exchange. That rise came after...
