Areas of Expertise
4975 stories by Todd Shriber
Churchill Downs Announces Major Expansion at Iconic Track
Operator will enhance site of the Kentucky Derby Company expects to spend $350 million to $400 million in 2025 Churchill Downs (NASDAQ: CHDN) said today it’s embarking upon a multi-year expansion of its namesake racetrack aimed at bringing more fans to the...
Wynn UAE Casino Garnering Appreciation on Wall Street
Analysts bullish on Wynn UAE casino Venue will be first gaming property in the Arab world Wynn Resorts’s (NASDAQ: WYNN) United Arab Emirates (UAE) casino resort is steadily commanding more praise among sell-side analysts, indicating it could be time for investors to...
DraftKings Best Play on US Online Gaming Market Says Chad Beynon
DraftKings top domestic large-cap internet gaming stock, says Macquarie Favorable demographics, cash flow support bull case Even with Tuesday’s pullback, DraftKings (NASDAQ: DKNG) stock is on a scintillating run, having surged 29.41% over the past month. At least one analyst believes the...
Light & Wonder Paying $850 Million for Charitable Gaming Assets
Light & Wonder Paying $850 million for charitable gaming business Acquired company is profitable, deal expected to close in second quarter Light & Wonder (NASDAQ: LNW) said it’s paying $850 million in cash for the charitable gaming assets of Grover Gaming, Inc....
Sands Procures $9 Billion Loan for Singapore Casino Hotel Expansion
LVS said to have landed $9 billion for Singapore improvements It’s believed to be the biggest corporate loan in the country’s history Las Vegas Sands (NYSE: LVS) has reportedly landed a $9 billion loan for expansion plans at Marina Bay Sands (MBS)...
Bain Capital Takes Over Inspire Casino Resort in South Korea
Private equity firm now controls Korean casino hotel MGE Korea was close to default on the venue Private equity firm Bain Capital assumed control of the Inspire Korea casino hotel from Mohegan Gaming & Entertainment (MGE) -- a move recently forecast by...
Hawk Tuah Boyfriend ‘Pookie’ Demands Memecoin Money Back
Hailey Welch launched a memecoin that quickly plunged Even her boyfriend lost money on it and he wants it back There’s trouble in memecoin paradise. The boyfriend of Hailey Welch, also known as the “Hawk Tuah girl,” wants back the $300 he...
Las Vegas Sands ‘High Dispersion’ Favorite at Goldman Sachs
Sands stock could remain volatile, but it offers opportunity Some analysts view the name as catalyst-rich and undervalued Amid concerns about the state of the US/China trade relationship and the strength of the Macau comeback, these are volatile times for Las Vegas...
Wynn NYC Casino Plan Opposed by Borough President Levine
Wynn/Related New York casino plan may have suffered another setback Levine rejects necessary zoning alterations The proposal to by Related Cos. and Wynn Resorts to bring a casino hotel to Hudson Yards area of New York City suffered a blow today when...
Texas Sports Betting 2025: Expect a Lone Star Let Down
Texas sports betting legislation surfaces again Odds of passage slim due to opposition from Lt. Gov. Dan Patrick Earlier this week, Rep. Charlie Geren (R-Fort Worth) again filed legislation to give Texas voters the opportunity to have their say on online sports...