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Todd Shriber
5645 stories by Todd Shriber
Twin River Dealt a Blow in Quest to Run Rhode Island Lottery
Twin River Worldwide Holdings, Inc.'s (TRWH) effort to wrest control of Rhode Island's lottery from rival International Game Technology Plc (IGT) may have suffered a blow earlier this week. An executive from the casino operator...
Eldorado Resorts Stock Becomes Hedge Fund Favorite Ahead of Caesars Deal Completion
Eldorado Resorts, Inc. (NASDAQ:ERI) has already made waves in the gaming industry this year by announcing a $17.3 billion takeover offer for Caesars Entertainment Corp. (NASDAQ:CZR). It's news that may have prompted some hedge funds...
Monarch Casino Could be a Royal Play Among Gaming Stocks Thanks to Balance Sheet, Says Analyst
Shares of regional gaming operator Monarch Casino & Resort (NASDAQ:MCRI) are up about 13.60 percent year-to-date. But the stock resides 11 percent below its 52-week high due, in part, to construction snafus at its Black...
State Senator, Water Expert Sonnenberg Opposes Colorado Proposition DD Sports Betting Plan
Just days before voters in Colorado head to the polls to decide the fate of Proposition DD, a ballot initiative that, if approved, would permit sports betting there, State Senator Jerry Sonnenberg is voicing opposition...
Osaka Accelerates Land Transfer Time Frame, Hopes to Have Integrated Resort Opened by 2025
Adding to its recent burst of activity related to its effort to become home to an integrated resort, Osaka is altering the timing of a land transfer, pushing that timeline up six months in hopes...
Vici Properties Shells Out $843.3 Million For Jack Cleveland, Thistledown Racino, JACK Entertainment Will Lease Back Properties
JACK Entertainment is monetizing a pair of Cleveland assets, announcing that it will sell the Jack Cleveland Casino and the Jack Thistledown Racino to Vici Properties (NYSE:VICI) for $843.3 million in cash. Privately held JACK...
Asian American Entertainment $12 Billion Macau Suit Against Las Vegas Sands Delayed Until September 2020
A trial for a $12 billion lawsuit brought against Las Vegas Sands (LVS) in Macau earlier this year by Marshall Hao's Asian American Entertainment Corp. (AAEC) has been delayed until September 16, 2020. The proceedings...
Star Entertainment Group Wants Some Quid Pro Quo With Australia Expansion Plans
Star Entertainment Group is pledging to spend $68.31 million to renovate the Gold Coast Convention and Exhibition Centre and the Sheraton Grand Mirage resort along Australia's Gold Coast. But there's a catch: the company wants...
Wynn Resorts EBITDA, Price Target Pared by Analyst Citing Softness Among Macau VIPs
Wynn Resorts Ltd. (NASDAQ:WYNN) reports third-quarter earnings on Nov. 6, and some analysts are bracing for the company to deliver less-than-impressive numbers in its Macau VIP segment. Citing expectations for softness among high end Macau...
Montana Sports Gamblers Could Make Bets From up to 1,400 Locations, One For Every 764 Residents
Montana is expected to have sports betting operational by the end of this year. Gamblers there that don't want to place wagers online or via a mobile app probably won't have to go far, because...
