5657 stories by Todd Shriber
Wynn Stock Could Be a Winner as Macau VIPs Return, Las Vegas Bounces Back
Shares of Wynn Resorts (NASDAQ:WYNN) are trading slightly lower Thursday, a day after the company reported a wider-than-expected first-quarter loss. But citing the possibilities of a near-term rebound in Macau, analysts remain enthusiastic on the...
Louisiana State Senators, Searching for Revenue, Easily Push Sports Betting Bills Through Committee
Two essentially identical sports betting bills proposed by a pair Republican state senators in Louisiana easily passed through the chamber's Judiciary Committee Tuesday, potentially setting the stage for voters there to have a say on...
Macau Travel Controls Unlikely to be Relaxed in Coming Days
Authorities in Macau are denying that the Special Administrative Region's (SAR) strict travel controls with mainland China are set to ease in the coming days, saying that there's still some work to be done. After...
GAN Soars in Nasdaq Debut After Upsized IPO Prices at High End of Range
GAN Ltd. (NASDAQ:GAN), the provider of internet gaming software, soared in its debut as a US-listed company. That's after significantly increasing the size of its initial public offering (IPO) and pricing the sale at the...
DraftKings Lands More Bullish Coverage, This Time with Highest Price Target to Date
DraftKings (NASDAQ:DKNG) is in its eighth day of life as a public company, and it's already netted a trio of bullish analyst commentaries. On Tuesday, Canaccord Genuity analyst Michael Graham joined the party, starting coverage...
SBTech Founder Shalom McKenzie, Major DraftKings Shareholder, Takes Board Seat
SBTech founder and majority shareholder Shalom McKenzie is flexing some muscle as the largest holder of newly public DraftKings (NASDAQ:DKNG) common equity, taking a board seat at the daily fantasy sports (DFS) and sportsbook operator....
Clark County Makes Coronavirus Tests Available at Orleans Casino
In partnership with University Medical Center (UMC), the Clark County Commission is offering drive-thru coronavirus testing at the Orleans Casino on Tuesday, May 5 and Wednesday, May 6. Located at 4500 West Tropicana Ave., the...
Vici Properties Offers Value Among Gaming REITs, Significant Upside Potential, Says Analyst
Vici Properties (NYSE:VICI) is lower by 35.19 percent year-to-date, a drubbing one analyst believes may have been created overly negative expectations levied against the real estate company in the wake of coronavirus gaming venue closures....
Eldorado Could Need Leveraged Loan Market to Thaw to Get Caesars Deal Done
Eldorado Resorts (NASDAQ:ERI) is aiming to have its $17.3 billion takeover of rival Caesars Entertainment (NASDAQ:CZR) wrapped sometime in June. But it could need the leveraged loan market to thaw to get the acquisition across...
Macau Experiences April Showers as Gaming Revenue Plunges 97 Percent
Gross gaming revenue (GGR) in the gambling enclave of Macau tumbled 96.8 percent in April. That's as travel controls implemented to stem the spread of the coronavirus continue weighing on the Special Administrative Region's (SAR)...