5133 stories by Todd Shriber
Thai Casino Bill on the Brink, Citizens Ambivalent
More than 46% of Thai citizens don’t see bill advancing, with or without casino component Similar percentage are apathetic about entertainment complex prospects Thailand’s much-anticipated entertainment complex legislation may not advance as hoped, with or without the inclusion of casinos, and that...
Sands is Out, Community Group Still Says No to Long Island Casino
Las Vegas Sands recently dropped Long Island casino effort Community group wants the plug pulled entirely Las Vegas Sands announced last week that it's dropping its plan to bid for a New York City casino license, but that’s not good enough for...
BetMGM Off to ‘Encouraging’ 2025 Start, Reiterates Positive EBITDA Forecast
iGaming, sportsbook revenue surge in first quarter Operator reiterates forecast of EBITDA positive for 2025 BetMGM said Monday that first-quarter revenue surged 34%, with the operator reiterating the view that it will be positive on the basis of earnings before, interest, taxes,...
US Ops Could Be Forced Out of Macau, Though Unlikely, Says Fitch
US-based Macau casino operators could be forced to sell assets or not renew licenses, says Fitch Ratings agency acknowledges those scenarios aren’t likely even as US/China trade war intensifies The three US-based Macau concessionaries could face dire, though unlikely outcomes in the...
Penn Bends Knee to Vora, Nominates Hedge Fund Picks to Board
Casino operator will nominate Hartnett, Ruisanchez to board Hedge fund previously bashed gaming company’s online betting missteps, board composition Penn Entertainment (NASDAQ: PENN) is acquiescing to HG Vora, telling investors Friday it will nominate two of the hedge fund’s candidates to its...
Sands in Talks With Another Company on Long Island Casino Plan
Company pulled plug on New York casino ambitions earlier this week Third party currently unidentified, but announcement could be imminent Las Vegas Sands could soon make an announcement on an unidentified company possibly taking over its Nassau County, NY casino bid. When...
Genius Sports, NCAA Add to, Extend Relationship Through 2032
Data provider, NCAA extend partnership through 2032 Genius will be exclusive data provider for all NCAA post-season tournaments Genius Sports and the NCAA said today they’re expanding and extending their relationship through 2032. Financial terms of the agreement weren’t disclosed. In addition...
Golden Could Be More Seller Than Buyer, Says Analyst
Analyst speculates Strat operator could eventually sell itself Says Golden could be appealing target for multiple suitors Acknowledging that it’s just speculation, an analyst said Golden Entertainment (NASDAQ: GDEN) could eventually consider selling itself. In a new report, Texas Capital Securities analyst...
F1 Climbing Ranks of US Sports Betting, Says YouGov
There’s still work to be done, but F1 is increasingly popular among US bettors F1 betting audience skews younger, draws more women In the US, sports wagering handle is largely dominated by the big three of football, basketball, and baseball with all...
Churchill Pauses Multiyear Spending Plan, Citing Tariff Risks
Company halts multiyear expansion plan at Kentucky racetrack Cites tariffs, macroeconomic conditions as reasons for pause Shares of Churchill Downs (NASDAQ: CHDN) plunged Thursday after the gaming company told investors that it’s pausing a previously announced capital spending plan at its namesake...
