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Todd Shriber
5655 stories by Todd Shriber
1060 Capital Ups Sports Betting Equity Exposure, Including DraftKings, but Pares Churchill Downs, Penn National Positions
1060 Capital Management, a hedge fund with a track record of investing in gaming stocks, initiated positions in some sports betting equities in the fourth quarter. At the same time, they were reducing exposure to...
J.P. Morgan Sees Macau February GGR Down 80 Percent Even with Casinos Reopening This Week
Macau gross gaming revenue (GGR) is likely to plunge 80 percent this month even though casinos there are expected to reopen on Thursday, according to J.P. Morgan analysts. That estimate is toward the lower end...
MGM Resorts Last Competitor Standing in Osaka Integrated Resort Competition
It was once a three-horse race to build an integrated resort in Osaka. But now, MGM Resorts International and local partner Orix are the last competitors standing. Last week, reports circulated confirming what many already...
Colorado Gaming Commission Could Issue up to Seven Sports Betting Licenses This Week
The Colorado Limited Gaming Control Commission could issue as many as seven sports betting permits at its Feb. 20 meeting, approvals that would be the first since voters there signed off on sports wagering last...
MontBleu Value Modified Following Eldorado Tardiness on Records Submissions
The MontBleu Resort, Casino and Spa, an Eldorado Resorts, Inc. (ERI) gaming property in Stateline, Nevada, had its recorded value altered by the Douglas County Board of Equalization last week. That follows a delayed document...
West Virginia Pols Pitch Elections, Esports Wagering For Expansion
A trio of West Virginia politicians are pitching sweeping sports betting expansion, including the addition of wagering on esports and political contests. State Sens. William Ihlenfeld (D-Ohio), Mike Maroney (R-Marshall), and Eric Tarr (R-Teas Valley)...
Washington State House Passes Sports Betting in Dead of Night Vote, Maverick Gaming Readies Legal Challenge
Late Thursday, the Washington state House of Representatives voted 83-14 in favor of sports betting bill HB-2638. Politicians there are hoping to push forward before the legislature adjourns next month, but Maverick Gaming LLC could...
Wynn, Encore Las Vegas Glitter in Forbes’ Eyes, Land Five-Star Ratings
Wynn and Encore Las Vegas earned the prestigious five-star label from Forbes Travel Guide (FTG), becoming the largest and second-largest hotel properties, respectively, to attain that designation. The FTG list for 2020 was revealed on...
Murren Departure Could Lure Some Investors Back to MGM, But Stock Lacks Near-Term Catalysts, Says Analyst
Shares of MGM Resorts International (NYSE:MGM) are lower by about five percent in midday trading Thursday. That follows an eventful Wednesday afternoon in which the company announced the resignation of Chairman and CEO Jim Murren,...
Insiders Say No-Go on Florida Sports Betting This Year
Sports betting isn't likely to make much, if any, headway in Florida this year, according to state political insiders with connections in Tallahassee. The Florida Legislature is currently in session until mid-March. But with 2020...
