5083 stories by Todd Shriber
MGM Q2 Operating Loss Plunges to $1 Billion, EPS, Revenue Miss Street Expectations
MGM Resorts International (NYSE:MGM) posted a second-quarter operating loss of $1 billion, as the coronavirus shutdown kept many of the operator's gaming venues closed for much of the April through June period. But CEO Bill Hornbuckle said it's unlikely the company will...
FanDuel Rejuvenates Spread Promo for Lakers/Clippers Game, Lake Show Now 21-Point Dogs
FanDuel Sportsbook is bringing back its “Spread the Love” promotion for tonight's Los Angeles Lakers/Los Angeles Clippers matchup, the second of two games marking the return of the NBA. The premise behind the incentive program is simple: for every 2,500 bets that...
DraftKings Stock Slides After Massachusetts Senate Rejects Sports Betting Plan
DraftKings (NASDAQ:DKNG) stock traded lower Thursday, extending a slide that's seen the name give up almost five percent over the past week. That's after the Massachusetts State Senate balked at the inclusion of a sports wagering proposal included in a broader economic...
Las Vegas Sands, Wynn Pop as China Will Restart Some Macau Visa Issuance
On a glum day for US equities, Las Vegas Sands (NYSE:LVS) and Wynn Resorts (NASDAQ:WYNN) are standing out. That's after health care officials in Guangdong province said Chinese authorities will soon broaden visa issuance for travel to Macau. But resumption of the...
Colorado Sports Betting Handle Jumps to $38.1 Million in June, Table Tennis Again Leads Way
In its second month as a live and legal sports wagering state, Colorado posted a handle of $38.13 million, stoking optimism about the trajectory of sports betting in one of the most recent states to join the fray. Last November, Colorado voters,...
Boyd Soars Following Surprising Financial Update, Analyst Sees ‘Three Team Parlay’ Propelling Stock
Boyd Gaming (NYSE:BYD) stock is higher by nine percent in midday trading. That's after the regional gaming company delivered second-quarter results late Tuesday that were significantly less bad than Wall Street expected. It prompted one analyst to wax bullish on the name...
Marina Bay Sands, Resorts World Could Get Bubble Benefit if Malaysia, Singapore Come to Terms
Malaysia and Singapore are discussing a travel bubble. Assuming it comes to fruition, that could be integral in the rebound hopes of the city-state's two integrated resorts, Marina Bay Sands (MBS) and Resorts World Sentosa. After being closed for more than three...
Boyd Boosted by Buoyant Results, Stock Soars
Shares of Boyd Gaming (NYSE:BYD) surged more than five percent in Tuesday's after-hours session, after the Orleans owner reported second-quarter results that easily topped Wall Street expectations. The Aliante operator said it lost 96 cents a share on revenue of $209.68 million...
Macau Mass Market Crucial to Gaming Hub Recovery Hopes
Macau's hopes to rejuvenate its ailing gaming industry lie more with mass market gamblers than high rollers. That could be a positive over the long-term, but presents challenges at a time when travel to the gaming center is still limited, according to...
Tropicana Las Vegas on Market, Gaming and Leisure Could Explore Leaseback, Outright Sale
Gaming and Leisure Properties (NASDAQ:GLPI) -- the owner of the property assets of the Tropicana Las Vegas -- is reportedly shopping the iconic Strip venue and is considering a sale-leaseback transaction or an outright sale. An article in the Las Vegas Review-Journal...
