4982 stories by Todd Shriber
Wynn Stock Could Be a Winner as Macau VIPs Return, Las Vegas Bounces Back
Shares of Wynn Resorts (NASDAQ:WYNN) are trading slightly lower Thursday, a day after the company reported a wider-than-expected first-quarter loss. But citing the possibilities of a near-term rebound in Macau, analysts remain enthusiastic on the name. In the first three months of...
Wynn Q1 Loss Wider Than Estimates, Revenue Tops Forecasts, Dividend ‘Temporarily’ Suspended
Hamstrung by closures stemming from the global coronavirus pandemic, Wynn Resorts (NASDAQ:WYNN) reported a first-quarter loss of $3.77 a share, as revenue plunged 42.3 percent to $953.7 million. Analysts expected the Encore operator to lose $1.65 per share, but the top line...
Remark Holdings Bursts Onto Penny Stock Scene Amid Wynn Deal Rumors
Remark Holdings, Inc. (NASDAQ:MARK), a small Las Vegas company perhaps best known for owning the Bikini.com web site, is soaring Wednesday. That's amid social media-fueled rumors that the firm will sell thermal scanners for COVID-19 detection to Wynn Resorts (NASDAQ:WYNN). As of...
Louisiana State Senators, Searching for Revenue, Easily Push Sports Betting Bills Through Committee
Two essentially identical sports betting bills proposed by a pair Republican state senators in Louisiana easily passed through the chamber's Judiciary Committee Tuesday, potentially setting the stage for voters there to have a say on the matter in November. Senate Bill 378,...
Macau Travel Controls Unlikely to be Relaxed in Coming Days
Authorities in Macau are denying that the Special Administrative Region's (SAR) strict travel controls with mainland China are set to ease in the coming days, saying that there's still some work to be done. After gross gaming revenue (GGR) slid almost 97...
MGP Says Lone Tenant MGM Resorts Paid All April Rent, Doesn’t Expect Interruptions
MGM Growth Properties (NYSE:MGP) reported first-quarter results earlier Tuesday. But the most important takeaway may just be that the company's lone tenant – MGM Resorts International (NYSE: MGM) – paid all of its April rent. MGP, the real estate investment trust (REIT)...
GAN Soars in Nasdaq Debut After Upsized IPO Prices at High End of Range
GAN Ltd. (NASDAQ:GAN), the provider of internet gaming software, soared in its debut as a US-listed company. That's after significantly increasing the size of its initial public offering (IPO) and pricing the sale at the highest end of the range. As Casino.org...
DraftKings Lands More Bullish Coverage, This Time with Highest Price Target to Date
DraftKings (NASDAQ:DKNG) is in its eighth day of life as a public company, and it's already netted a trio of bullish analyst commentaries. On Tuesday, Canaccord Genuity analyst Michael Graham joined the party, starting coverage on the sportsbook operator with a “buy”...
SBTech Founder Shalom McKenzie, Major DraftKings Shareholder, Takes Board Seat
SBTech founder and majority shareholder Shalom McKenzie is flexing some muscle as the largest holder of newly public DraftKings (NASDAQ:DKNG) common equity, taking a board seat at the daily fantasy sports (DFS) and sportsbook operator. McKenzie's SBTech, a provider of sports wagering...
Clark County Makes Coronavirus Tests Available at Orleans Casino
In partnership with University Medical Center (UMC), the Clark County Commission is offering drive-thru coronavirus testing at the Orleans Casino on Tuesday, May 5 and Wednesday, May 6. Located at 4500 West Tropicana Ave., the Orleans is owned by Boyd Gaming, and...
