5590 stories by Todd Shriber
MGM Growth Properties Dividend Undaunted by Coronavirus as Company Hikes Payout a Tenth Time
Count MGM Growth Properties (NYSE:MGP) among the companies not allowing the coronavirus pandemic to stand in the way of dividend growth. The gaming real estate investment trust (REIT) said Friday it's increasing its quarterly by half a cent to 47.5 cents a...
Cosmopolitan Coronavirus Impact: Blackstone Property Joins Rival Strip Venues in Shuttering Clubs, Restaurants
The Cosmopolitan Las Vegas is joining rival Strip operators in temporarily closing some restaurants in an effort to stem the spread of the novel coronavirus. As of Monday, the Red Plate, Wicked Spoon buffet, Rose. Rabbit. Lie., Overlook Grill, and Va Bene...
PointsBet Dips Below IPO Price as Sports Postponements Mount, Company Allays Liquidity Concerns
PointsBet Holding Ltd. (ASX:PBH), the Australian bookmaker with significant US exposure, saw its stock briefly slide below its initial public offering (IPO) price during Sydney trading Friday. That's as investors grow increasingly concerned about the spate of athletic leagues and events that...
MGM Growth, Other Gaming REITs Slammed by COVID-19, But Portfolio Diversity Could Ease Investor Pain
Gaming real estate investment trusts (REITs), including MGM Growth Properties (NYSE:MGP), are experiencing sharp share price declines alongside their operator tenants ecause of the spreading of the coronavirus throughout the US. But those with strong exposure to multiple markets could bounce back,...
Encore Boston Harbor Implements Coronavirus Screening for Employees, Guests
Encore Boston Harbor is planning to take the temperatures of all guests and employees entering the premises as part of increased efforts to stem the spread of the coronavirus. News of the Wynn Resorts property bolstering procedures aimed at preventing proliferation of...
Nagasaki Could Open Integrated Resort by 2025, According to Japan Prefecture Budget
Nagasaki could have an integrated resort open sometime in 2025, potentially beating rival Japanese regions to the punch, assuming the prefecture can win approval from the federal government in 2021. The prefecture's Budget Committee notes in a recent document that if the...
DraftKings, Penn National Among Latest Operators Landing Colorado Sports Betting Licenses
In an effort to render decisions on more sports betting applications ahead of the May 1 launch date, the Colorado Limited Gaming Control Commission (CLGCC) on Thursday approved several more permits. That brings the total to roughly a dozen since last month....
Eldorado Crushed by Shorts, Tumbles to Lowest Post-Caesars Announcement Levels, Bears Bashing Others
Shares of Eldorado Resorts, Inc. (NASDAQ:ERI) plunged 15.52 percent today on volume that was more than quadruple the daily average, as the stock closed below the nadir seen in the months following the company's announcement regarding a $17.3 billion takeover offer for...
Twin River Offers Investors ‘Compelling’ Long-Term Value Possibilities, Says Analyst
Twin River Worldwide Holdings, Inc. (NYSE:TRWH) delivered fourth-quarter and full-year 2019 financial numbers on Tuesday. While there wasn't much in the way of surprises, one analyst remains enthusiastic about the regional gaming company. The operator of Rhode Island's two casinos last month...
Everi Stock ‘Dislocation’ Could Bring Investor Opportunity, Says Analyst
Everi Holdings Inc. (NYSE:EVRI) is following other gaming stocks lower, having shed more than 24 percent over the past week. But at least one analyst remains bullish on the gaming technology solutions provider. The Las Vegas-based company reported fourth-quarter results on Monday,...
