Areas of Expertise
5402 stories by Todd Shriber
State Senator, Water Expert Sonnenberg Opposes Colorado Proposition DD Sports Betting Plan
Just days before voters in Colorado head to the polls to decide the fate of Proposition DD, a ballot initiative that, if approved, would permit sports betting there, State Senator Jerry Sonnenberg is voicing opposition to the plan. It may appear that...
Osaka Accelerates Land Transfer Time Frame, Hopes to Have Integrated Resort Opened by 2025
Adding to its recent burst of activity related to its effort to become home to an integrated resort, Osaka is altering the timing of a land transfer, pushing that timeline up six months in hopes of having a gaming venue operational by...
Vici Properties Shells Out $843.3 Million For Jack Cleveland, Thistledown Racino, JACK Entertainment Will Lease Back Properties
JACK Entertainment is monetizing a pair of Cleveland assets, announcing that it will sell the Jack Cleveland Casino and the Jack Thistledown Racino to Vici Properties (NYSE:VICI) for $843.3 million in cash. Privately held JACK Entertainment, which is controlled by billionaire Cleveland...
Asian American Entertainment $12 Billion Macau Suit Against Las Vegas Sands Delayed Until September 2020
A trial for a $12 billion lawsuit brought against Las Vegas Sands (LVS) in Macau earlier this year by Marshall Hao's Asian American Entertainment Corp. (AAEC) has been delayed until September 16, 2020. The proceedings were originally slated to start last month....
Star Entertainment Group Wants Some Quid Pro Quo With Australia Expansion Plans
Star Entertainment Group is pledging to spend $68.31 million to renovate the Gold Coast Convention and Exhibition Centre and the Sheraton Grand Mirage resort along Australia's Gold Coast. But there's a catch: the company wants politicians there to grant it a monopoly...
Wynn Resorts EBITDA, Price Target Pared by Analyst Citing Softness Among Macau VIPs
Wynn Resorts Ltd. (NASDAQ:WYNN) reports third-quarter earnings on Nov. 6, and some analysts are bracing for the company to deliver less-than-impressive numbers in its Macau VIP segment. Citing expectations for softness among high end Macau gamblers during the July through September quarter,...
Montana Sports Gamblers Could Make Bets From up to 1,400 Locations, One For Every 764 Residents
Montana is expected to have sports betting operational by the end of this year. Gamblers there that don't want to place wagers online or via a mobile app probably won't have to go far, because as many 1,400 businesses across the state...
Las Vegas Sands President Goldstein Says $10 Billion Could be The Floor For Japanese Integrated Resort
Las Vegas Sands Corp. (NYSE:LVS) held its third-quarter earnings conference call after the close of US markets Wednesday. But the numbers grabbing some investors' attention aren't just the 69 cents a share the company earned in the period on revenue of $3.25...
Boyd Gaming Tepid Third Quarter Results Have Analysts Mixed on Stock
Shares of regional casino operator Boyd Gaming Corp. (NYSE:BYD) were higher by about two percent in midday trading Wednesday, a day after the company delivered third-quarter earnings. But some sell-side analysts are not impressed with the results. For the quarter ending Sept....
Century Casinos Enjoys Rally After Analyst Forecasts Massive Upside For Stock
Shares of Century Casinos, Inc. (NASDAQ:CNTY), the operator of mid-sized regional properties, have rallied in substantial fashion over the past two days following some bullish commentary from a noted gaming industry analyst. In a note sent to clients Monday, Union Gaming analyst...