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Todd Shriber
5658 stories by Todd Shriber
Chicago Casino No ‘Panacea’ for Windy City Pension Problems, Says Moody’s
Illinois Governor J.B. Pritzker (D) recently signed a bill lowering previously punitive taxes on revenue to be generated by a yet-to-be-built Chicago casino. It was a move praised by some in the financial community, but...
Wynn Takes Top Honors in Travel + Leisure Inaugural Las Vegas List
Wynn Las Vegas is the highest-ranking integrated resort on Travel + Leisure's first list dedicated to hotels in Sin City. The magazine has published its “World's Best” list, including companies, hotels, and travel spots, for...
GVC, MGM Go All-in on BetMGM, More Than Double Investment to $450 Million
GVC Holdings Plc and MGM Resorts International (NYSE:MGM) are prioritizing their ROAR Digital betting partnership. They boosted their investment in the online wagering platform to $450 million from $200 million in a second funding round...
PrizePicks Secures $850,000 in Funding, Capital Raise Includes Poker Legend Phil Hellmuth
Daily fantasy sports (DFS) company PrizePicks landed $850,000 in capital during its latest funding round led by Parlay Capital Holdings. Poker legend Phil Hellmuth is also among the angel investors participating in the financing for...
GVC Could Be Winning Wager Among Sports Betting Stocks, Says Deutsche Bank Analyst
GVC Holdings Plc is the latest British bookmaker to garner praise from a sell-side research firm, with Deutsche Bank saying the company's coming update could be better than expected. GVC -- which partners with MGM...
Penn National, Twin River Among Regional Names Analyst Prefers to Strip Operators
Amid ongoing spikes in coronavirus case tallies throughout the US, travel and leisure stocks, including gaming equities, tumbled Wednesday. But one analyst believes regional casino names could prove resilient relative to destination market peers. In...
Macau GGR Trending Higher to Start July, Improvement Seen Over May, June
It's still early, but if the first five days of this month are any indication, July will be kinder to Macau concessionaires than the previous two. That's as channel checks conducted by Bernstein confirm operators...
IHRC Staff Not Enthusiastic About Eldorado/Caesars Deal, Doubts ERI Pari-Mutuel Commitment
Just days before a scheduled discussion, Indiana Horse Racing Commission (IHRC) staff expressed concerns about Eldorado Resorts Inc.'s (NASDAQ:ERI) $17.3 billion takeover of Caesars Entertainment (NASDAQ:CZR). In a report to the IHRC, commission staff says...
Nagasaki IR Partner Recruitment Effort Commencing Later This Month
Nagasaki prefecture is slated to commence recruitment of an integrated resort partner by the end of July. The goal is wrapping up that effort by late August, as the Japanese region keeps its hopes of...
Macau Operators Staring at Worst Results Ever in Q2, Analysts Focus on Operating Costs
The second quarter of 2020 could be the worst three-month stretch on record for Macau's six concessionaires. The special administrative region's (SAR) gaming industry remains hindered by travel restrictions keeping gamblers away from the casino...
