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Todd Shriber
5790 stories by Todd Shriber
Caesars Entertainment Shaping up Nicely in 2020 Supported by Sin City
In what could be its final earnings reports as a standalone company, Caesars Entertainment Corp. (NASDAQ:CZR) didn't offer up much in the way of specific estimates. But management appears enthusiastic about Las Vegas, a sentiment...
Century Casinos Pleasant Surprises Brewing Amid US Focus, UK Divestment
Century Casinos (NASDAQ:CNTY) is gaining favor among analysts, as the company turns its focus to the US and looks to rid itself of a lagging UK property. Entering 2019, the company had just two US...
Macau Gaming Revenue: Awful This Month, Not Much Better in March, Say Analysts
Macau casinos reopened last week after being shuttered for 15 days because of the novel coronavirus outbreak. But analysts are forecasting epic declines in gross gaming revenue (GGR) for February and March. Although gaming properties...
Boyd Gaming Garners More Bullish Commentary, But Not Enough to Stem Big Decline
Shares of Boyd Gaming (NYSE:BYD) are lower by more than six percent in midday trading, as gaming stocks are following the broader market lower amid intensifying fears that the COVID-19 virus is getting worse and...
Citadel Advisors, Others Break From Hedge Fund Pack, Short Sports Betting Stocks
With headlines touting the growth of the US sports betting market emerging on a regular basis, it would appear risky to bet against the related equities. But that's exactly what some hedge funds are doing....
MGM Resorts Slapped with Class Action Suit After Hackers Swipe 10.6 Million Guest Records
John Smallman, formerly a patron of MGM Resorts International (MGM), is suing the gaming company after it was revealed that cyber thieves stole the data of 10.6 million guests last year. Earlier this week, MGM...
Montana Lottery Reveals Sports Betting Rules, Some March Madness Action Is Possible
The Montana Lottery Commission on Thursday announced which sports Big Sky State gamblers can wager on and what type of bets will be accepted. There also appears to be a chance some locations there will...
Vici Properties Prudently Prepares for 2020 Deal-Making
Vici Properties (NYSE:VICI) was the most active gaming real estate investment trust (REIT) in terms of making deals last year. The company is likely to again be active on the acquisition front in 2020. In...
Boyd Gaming Guidance Fair, but Analyst Sees Positive Boxes Checked, Upside Catalysts
Boyd Gaming (NYSE:BYD) delivered fourth-quarter earnings Thursday afternoon while offering up 2020 earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) guidance of $915 million to $935 million. That forecast was in...
Eldorado Rumored to be Mulling Sales of Caesars Colosseum, Conference Center for Post-Deal Cash
Eldorado Resorts, Inc. (NASDAQ:ERI) is on a quest to raise cash and trim expenses leading up to and following the completion of its $17.3 billion takeover of Caesars Entertainment Corp. (NASDAQ:CZR). It's an effort that...
