4982 stories by Todd Shriber
Sands Venetian Accepting June 1 Reservations, Palazzo to Follow at Later Date
Las Vegas Sands said today its iconic Venetian integrated resort on the Las Vegas Strip is accepting reservations for June 1. It added that guests visiting the property on that date and going forward can expect amenities similar to what was offered...
Goldman Sachs Becomes First Bank to Not Sweet-Talk DraftKings, Starts Coverage With Neutral Rating
Something unusual is happening with DraftKings (NASDAQ:DKNG) stock Tuesday: a Wall Street bank is picking up coverage of the name, but isn't waxing overtly bullish on the daily fantasy sports (DFS) giant. Earlier today, Stephen Grambling of Goldman Sachs started following DraftKings...
MGM Bolsters Balance Sheet Again, This Time Through $700 Million MGP Stake Sale
Continuing its efforts to firm up its balance sheet, MGM Resorts International (NYSE:MGM) sold $700 million worth of equity in MGM Growth Properties (NYSE: MGP), bringing the Mirage operator's liquidity position to $5.3 billion. Contending with closures of all its domestic gaming...
Hong Kong Working on Electronic Health Certification Aimed at Increasing Travel, Could Aid Macau Rebound
Hong Kong, which serves as a major thoroughfare for gamblers looking to enter Macau, is mulling an electronic health certification program. That would make it more efficient for its citizens to enter Macau and the nearby Guangdong province of mainland China. Currently,...
Melco Pilfers Macau Market Share From Rivals in Tumultuous First Quarter
Melco Resorts & Entertainment (NASDAQ:MLCO) won Macau market share from rivals in the first three months of this year. That's despite what was a volatile period for operators in the world's largest gaming hub. Like other Macau concessionaires, Melco reported dismal first-quarter...
DraftKings Analysts Fawning for Stock, Multiple Price Target Hikes Arrive Today
Still a few days shy of its one-month anniversary as a public company, DraftKings (NASDAQ:DKNG) is in the enviable position of not only enjoying a bullish consensus on Wall Street, but already earning multiple sell-side price forecast hikes as well. On Monday,...
Century Casinos Soars on Poland Reopening News
Shares of Century Casinos (NASDAQ:CNTY) are soaring Monday, making the stock one of the best small-cap performers in the US after the company said its eight gaming properties in Poland are reopening today. Those venues were closed since March 13, a few...
Litt, Activist Investor That Pushed for Gaming REIT Merger, Drops GLP Stake
Activist investor Jonathan Litt's Land & Buildings Investment Management (L&B) has sold its stake in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI). That likely marks an end to his push that called for the real estate firm to potentially merge with rival Vici...
Wynn Reopening Plan Nixes Poker, Features Enhanced Craps Exclusivity in Boston
As Wynn Resorts forges ahead with efforts to reopen its three US gaming properties, poker won't be available at those venues. The operator said it will employ social distancing protocols aimed at preventing a second wave of coronavirus cases. Craps players visiting...
Melco Tapped Best Macau Name, Analyst Notes Guangdong Travel Could Soon Reopen
Melco Resorts & Entertainment (NASDAQ:MLCO) is being tabbed as the “best Macau name” by Roth Capital analyst David Bain. He notes that loosening of travel and visa restrictions hindering the gaming hub since the onset of the coronavirus could soon be relaxed....
