4982 stories by Todd Shriber
Boyd Boosted by Buoyant Results, Stock Soars
Shares of Boyd Gaming (NYSE:BYD) surged more than five percent in Tuesday's after-hours session, after the Orleans owner reported second-quarter results that easily topped Wall Street expectations. The Aliante operator said it lost 96 cents a share on revenue of $209.68 million...
Macau Mass Market Crucial to Gaming Hub Recovery Hopes
Macau's hopes to rejuvenate its ailing gaming industry lie more with mass market gamblers than high rollers. That could be a positive over the long-term, but presents challenges at a time when travel to the gaming center is still limited, according to...
Tropicana Las Vegas on Market, Gaming and Leisure Could Explore Leaseback, Outright Sale
Gaming and Leisure Properties (NASDAQ:GLPI) -- the owner of the property assets of the Tropicana Las Vegas -- is reportedly shopping the iconic Strip venue and is considering a sale-leaseback transaction or an outright sale. An article in the Las Vegas Review-Journal...
Caesars Slumps Following Merger, But Analyst Sees Long-Term Buying Opportunity
Shares of Caesars Entertainment (NASDAQ:CZR) are off about 25 percent since the acquisition creating the gaming Goliath was finalized earlier this month. But one analyst views the weakness as an opportunity for long-term investors to get involved with the name. In a...
MGM Resorts Cancels August Entertainment Events, Related Staff to Be ‘Separated’ From Company
With coronavirus cases flaring up across the country, MGM Resorts International said it will not restart live entertainment events prior to Aug. 31. The news was originally reported earlier today by the Vital Vegas blog, which obtained a copy of a letter...
DraftKings Stock Stung by Illinois Registration Decision, MLB COVID-19 Postponements
Shares of DraftKings (NASDAQ:DKNG) are slumping Monday, with the stock being hit on multiple fronts, including Illinois political decisions and postponements of Major League Baseball (MLB) games because of COVID-19 outbreaks among players. Once-hot DraftKings stock is lower by nearly seven percent...
Rush Street Interactive Close to Confirming Public Debut, SPAC Deal Values Company at $1.8B
Rush Street Interactive, the online casino business of Rush Street Gaming, is reportedly close to announcing it will go public via a merger with a special purpose acquisition company (SPAC). It is a transaction valuing the gaming firm at $1.8 billion. Citing...
Macquarie Survey Says Travelers Want Virus Vaccine on Market Before Visiting Vegas
It could be a while before Las Vegas looks like it did prior to the emergence of the COVID-19 pandemic. That return to normalcy is apparently tethered to efforts to develop a vaccine that will vanquish the virus. A survey by research...
DraftKings, Kambi Will Part Ways by September 2021
DraftKings (NASDAQ:DKNG) and sports betting technology company Kambi Group are setting September 30, 2021, as the date when their relationship will end. The sportsbook operator said the Swedish company will aid in the transition to another technology platform. Kambi points out that...
Rush Street Interactive Considering Public Life in Deal with SPAC dMY Technology
Rush Street Interactive could be the latest in a growing line of gaming technology firms to become publicly traded via a deal with a special purpose acquisition company (SPAC). Citing unidentified sources, Bloomberg reports that the developer of real money and social...
