Areas of Expertise
5316 stories by Todd Shriber
Nagasaki Could Open Integrated Resort by 2025, According to Japan Prefecture Budget
Nagasaki could have an integrated resort open sometime in 2025, potentially beating rival Japanese regions to the punch, assuming the prefecture can win approval from the federal government in 2021. The prefecture's Budget Committee notes in a recent document that if the...
Eldorado Resorts Swoons Amid Coronavirus, Financing Fears, but Stock Still has Defenders
Entering Monday, Eldorado Resorts, Inc. (NASDAQ:ERI) was off 43.58 percent this year, a tumble that erased $2.2 billion in market value. Things are getting worse for the regional gaming company, with the shares down 11.44 percent at this writing as investors fret...
DraftKings, Penn National Among Latest Operators Landing Colorado Sports Betting Licenses
In an effort to render decisions on more sports betting applications ahead of the May 1 launch date, the Colorado Limited Gaming Control Commission (CLGCC) on Thursday approved several more permits. That brings the total to roughly a dozen since last month....
34 Gambling References Found in NFL Collective Bargaining Agreement, Players Want Cut of Action
NFL players are voting on the latest collective bargaining agreement (CBA), a voluminous, 439-page document that features 34 references to gambling. The proposal, which was distributed leaguewide on Thursday, is a clear sign the NFL Players Association (NFLPA) wants a cut of...
Kudlow Says White House Mulling Assistance for Travel, Leisure Industry Battered by Coronavirus
White House economic adviser Larry Kudlow said Friday the Trump Administration is evaluating responses, potentially including economic stimulus, to help industries and workers affected by the spread of the novel coronavirus in the US. In remarks made on CNBC and Fox Business,...
Eldorado Crushed by Shorts, Tumbles to Lowest Post-Caesars Announcement Levels, Bears Bashing Others
Shares of Eldorado Resorts, Inc. (NASDAQ:ERI) plunged 15.52 percent today on volume that was more than quadruple the daily average, as the stock closed below the nadir seen in the months following the company's announcement regarding a $17.3 billion takeover offer for...
‘Parlay Patz’ Facing Fed Charges for Alleged Violent, Racially Charged Internet Threats Aimed at MLB Players
Benjamin Patz, also known as “Parlay Patz,” is facing charges from the US Department of Justice (DOJ) for transmission of interstate threats aimed at several Major League Baseball (MLB) players. Patz, 23, rose to internet stardom in 2019 after hitting a series...
Twin River Offers Investors ‘Compelling’ Long-Term Value Possibilities, Says Analyst
Twin River Worldwide Holdings, Inc. (NYSE:TRWH) delivered fourth-quarter and full-year 2019 financial numbers on Tuesday. While there wasn't much in the way of surprises, one analyst remains enthusiastic about the regional gaming company. The operator of Rhode Island's two casinos last month...
Wynn Macau Can’t ‘Reasonably Estimate’ Coronavirus Effects on Financial Results at This Time
Wynn Macau delivered full-year 2019 numbers earlier today, but the focus was on 2020, with the company saying the novel coronavirus outbreak is likely to adversely affect results this year. The operator of the Wynn Macau and Wynn Palace in the world's...
Everi Stock ‘Dislocation’ Could Bring Investor Opportunity, Says Analyst
Everi Holdings Inc. (NYSE:EVRI) is following other gaming stocks lower, having shed more than 24 percent over the past week. But at least one analyst remains bullish on the gaming technology solutions provider. The Las Vegas-based company reported fourth-quarter results on Monday,...