Areas of Expertise
5402 stories by Todd Shriber
Wynn Resorts Massage Therapist Brenna Schrader Files Class Action Suit Against Company, Steve Wynn, Alleging Mental Abuse
Brenna Schrader, a massage therapist at Wynn Las Vegas, filed a class action lawsuit this week against her employer and its former CEO Steve Wynn. The suit alleges that executives at the gaming company foster an environment of hostility and make it...
Encore Boston Harbor Pilfers Employees From MGM Springfield as Massachusetts Casino Rivalry Intensifies
Encore Boston Harbor has been open just over three months, but the Everett, Mass. casino is already squeezing New England rivals. For MGM Springfield, the first integrated resort in the Commonwealth, the Wynn property's grip is particularly tight because the new casino...
Eastern Shawnee Tribe Will Shutter Bordertown Casino, Fold Some Operations Into Other Oklahoma Properties
The Eastern Shawnee Tribe of Oklahoma is closing the Bordertown Casino in Wyandotte, Okla. and the future appears murky for the property. News of the closure represents the latest and perhaps final chapter in what has been a volatile history for Bordertown....
MGM Could Break Ground on Osaka Integrated Resort in 2021, Complete it by 2025, Say Analysts
MGM Resorts International could commence construction on an integrated resort in Osaka in 2021, according to MGM CFO Corey Sanders. The company told Bernstein analysts it can wrap up the project by 2025 if it wins wins one of Japan's three licenses....
Las Vegas Sands Gets Promoted to S&P 500, Becomes Third Gaming Company in Widely Followed Index
Shares of Las Vegas Sands Corp. (NYSE:LVS) surged more than four percent during Thursday's after-hours trading session on news the stock is being elevated to the S&P 500 Index, one of the world's most widely observed equity gauges. Before US markets open...
Century Casinos Lands Approval From West Virginia Lottery Regulator to Buy Mountaineer Property
Century Casinos (NASDAQ:CNTY) was granted approval from the West Virginia Lottery Commission to seal the previously announced acquisition of the Mountaineer Casino, Racetrack and Resort in New Cumberland, W. Va. Colorado-based Century is buying that venue as part of a deal revealed...
Genting Malaysia Could Operate Resorts World Las Vegas, Unlock Value From Other US Assets, Says Investment Bank
Genting Malaysia could be chosen to operate Resorts World Las Vegas when that venue opens on the northern end of the Strip next year, a move that could boost the gaming company's sagging share price, according to analysts. Genting Berhad, which runs...
Wynn Resorts Rallies on Goldman Sachs Upgrade, Bank Says Investors Are Too Pessimistic
Wynn Resorts, Ltd. (NASDAQ:WYNN) stock rallied Tuesday, rising by more than two percent after Goldman Sachs analyst Stephen Grambling raised his rating on the casino operator. Grambling said investors have gotten too downbeat on the stock amid weakness in Macau. Entering Tuesday,...
MGM Resorts Leading Osaka IR Bid Competition, Says Analyst, But Competitors Linger
MGM Resorts International is in the pole position in the race to win a gaming license in Osaka, according to one analyst. But the Bellagio and Mirage operator faces a pair of competitors in its quest to build an integrated resort in...
Encore Boston Harbor Close to Full Headcount Less Than Three Months After Opening, Over 60 Positions to be Filled
Encore Boston Harbor, Wynn Resorts' first US casino located outside of Las Vegas, opened on June 23 and is already close to being fully staffed. Prior to the opening of the $2.6 billion integrated resort, it was expected the venue would create...