5316 stories by Todd Shriber
DraftKings Has Colossal Day at Colonial as 1st-Round Bets Shatter Previous Tournament Records
Before the first day of play concluded at the Charles Schwab Challenge, DraftKings said it booked more wagers than it had any on prior four-round golf tournament. That proves that there really was something to the notion of pent-up demand by bettors...
Las Vegas Sands Positioned to Capitalize on Macau Rebound, Says Analyst
Las Vegas Sands (NYSE:LVS) is still grappling with the effects of the coronavirus in Macau, the company's most important market. But at least one analyst says the operator has the offerings needed to capitalize on a rebound in the world's largest gaming...
FTC Could Approve Eldorado/Caesars Deal Before July, Brokerage Firm Claims
The Federal Trade Commission (FTC) could sign off on Eldorado Resorts Inc.'s (NASDAQ:ERI) $17.3 billion acquisition of rival Caesars Entertainment (NASDAQ:CZR) by the end of this month. That would set the stage for three pivotal state approvals to follow soon thereafter, according...
DraftKings Bandwagon Gets Another Rider as Oppenheimer Starts Coverage With Lofty Target
DraftKings (NASDAQ:DKNG) stock continues garnering support on Wall Street, as Oppenheimer becomes the latest bank to start coverage of the sportsbook operator and daily fantasy sports (DFS) company. They gave it a bullish rating and a price forecast that's well above current...
Twin River Viewed as Solid Long-Term Bet, Analyst Sees Spectacular Upside Potential
Twin River Worldwide Holdings (NYSE:TRWH) is in the midst of a redemption story that's carrying the stock to a more than three-fold gain off its March lows. but one analyst sees more upside on the way for the Rhode Island-based gaming company....
Boyd Gaming Reopening Demand, Free Cash Flow Trends Look Encouraging, Says Analyst
Boyd Gaming (NYSE:BYD), the owner of a dozen Las Vegas gaming properties, has reopened the bulk of its venues following the more than two-month shutdown caused by the coronavirus. Initial demand trends appear encouraging, according to an analyst that covers the company....
Colorado Casinos Get Green Light to Restart, Avalanche of Reopenings Coming Next Week
Late to the party compared to gaming venues in other parts of the US, Colorado casinos will reopen next week following a three-month shutdown forced by the coronavirus. Casinos in Cripple Creek, Colo. will open their doors again on June 15. Gaming...
Washington, D.C. Brick-and-Mortar Sportsbooks Pushed Off Until Summer 2021
Mobile sports wagering in Washington, D.C. went live late last month. But it's going to be another year before gamblers can place bets in brick-and-mortar locations. The D.C. Office of Lottery and Gaming is saying retail sports wagering may not take flight...
Macau Mass Market Players Probably Won’t Like Post-Coronavirus Changes, Says Morgan Stanley
When things finally get back to normal in Macau following quarantine protocols and travel bans implemented because of the coronavirus, mass market players may not like what the new normal is, says Morgan Stanley. The world's largest gaming center is still dealing...
MGM Growth Properties Capital Raise Benefits Credit Profile
MGM Growth Properties (NYSE:MGP) last week sold $800 million of senior unsecured notes, a move Moody's Investors Service views as a positive for the real estate company's non-investment grade credit profile. Of the $800 million MGP raised, $790 million will be used...
