5082 stories by Todd Shriber
PointsBet Going Big in Centennial State, Inks Deals with Three Colorado Pro Teams
Extending what's been a brisk stretch of activity in the US, PointsBet is solidifying its footprint in Colorado, saying it will become the official betting partner of three of the state's professional sports franchises. In a statement released earlier Friday, Australia-based PointsBet...
Wynn Cooperating with DOJ After Receiving Two Subpoenas Tied to Anti-Money Laundering Policies
Shares of Wynn Resorts (NASDAQ:WYNN) are lower by nearly three percent in midday trading Friday. That's after the company revealed in a 10-Q filing with the Securities and Exchange Commission (SEC) that it received two grand jury subpoenas in the first half...
Caesars Reports Q2 Loss, Reeg Says Decision on iGaming, Sports Unit Could Happen This Year
In its first earnings report in new form, Caesars Entertainment (NASDAQ:CZR) reported a loss of $100 million on revenue of $126.5 million, down from net income of $18.9 million a year earlier. But the stock rose modestly in Thursday's after-hours session, extending...
TheScore Raises $25 Million in Share Sale, Aims for US Sports Betting Expansion
Shares of Score Media and Gaming Inc. (OTC:TSCRF) slumped in the US Thursday, after the Canadian sports betting and media company revealed it sold 38.5 million shares of stock in a secondary offering, raising $25 million in the process. Regardless of industry,...
Century Casinos Earns Applause for Selling Calgary Gaming Venue
Century Casinos (NASDAQ:CNTY) is selling its eponymous gaming establishment in Calgary, Canada for $7.5 million. While the price tag is small by industry standards, the company is earning praise from one analyst. Under the terms of the agreement, an entity known as...
Everi Excellence Possible as Analyst Boosts Estimates Through 2022 on Fintech, Gaming Beats
Gaming technology provider Everi Holdings (NASDAQ:EVRI) jumped 4.30 percent Wednesday, a day after the company reported second-quarter revenue that easily topped consensus estimates. That prompted at least one analyst to raise forecasts on the name through 2022. In a note to clients...
Marina Bay Sands, Resorts World Singapore Expansion Ambitions Crimped by Coronavirus
Marina Bay Sands and Resorts World Sentosa, Singapore's two integrated resorts, will forge ahead with plans to expand non-gaming attractions in the city-state. But those efforts will face delays stemming from the coroanvirus pandemic, according to local officials. Las Vegas Sands (LVS)...
Red Rock Could Get Back to Basics, Potentially Benefiting Investors, Says Analyst
Shares of Red Rock Resorts (NASDAQ:RRR) are slumping today after the gaming operator revealed a murky outlook for four of its still closed Southern Nevada properties. But one analyst sees opportunity with the stock should management opt to return the company to...
Wynn Sports App Quietly Goes Live in Increasingly Competitive New Jersey Market
Wynn Sports, a unit of Wynn Resorts (NASDAQ:WYNN), is live with a mobile sports wagering application in New Jersey, becoming the 18th sports betting app in the Garden State. The app debuted Tuesday following a five-day “soft launch” period required by the...
Station Casinos Closed Properties, Including Palms, Fate Up in the Air
It's not clear when, or even if, the four Station Casino properties in Las Vegas that are currently closed will reopen. That's the sentiment of high-ranking executives from Red Rock Resorts (NASDAQ:RRR), the parent company of Station Casinos, regarding the Fiesta Henderson,...
