5316 stories by Todd Shriber
GAN Shares Hit Jackpot as Company Unveils Restructuring Targeting NASDAQ Listing
GAN Plc, the gaming publisher and systems supplier, saw its London-listed and over-the-counter (OTC) shares surge Tuesday after the company revealed a corporate restructuring that includes bringing its stock to the NASDAQ. GAN UK and affiliated firms will be folded into GAN...
MGM Looking to Buy Low in Latest $1.25 Billion Share Buyback Plan
MGM Resorts International (NYSE:MGM) could be looking to take advantage of recent weakness in its stock by adjusting the purchase prices for a recently announced $1.25 billion share buyback plan. The operator of the Bellagio and the Mirage, among other Las Vegas...
Boyd Gaming, Penn National Land New Illinois Casinos Sports Betting Licenses as Launch Date Nears
The Illinois Gaming Board (IGB) last week granted three more temporary sports betting licenses to casinos in the state, bringing the number to six approved venues as the launch date draws closer. The latest additions to the roster of licensed venues are...
Churchill Downs Gets Some Relief With J.P. Morgan Upgrade, Bank Says Kentucky Derby Cancellation Fears Are Exaggerated
Churchill Downs Inc. (NASDAQ:CHDN) is trading higher Monday after J.P. Morgan upgraded the beleaguered stock to “overweight” from “neutral” after it tumbled 22 percent last week. Declines of 20 percent or more from a security's most recent high are considered bear markets....
Maverick Gaming Washington State Staffers Overwhelmingly Vote to Unionize
Maverick Gaming LLC employees in Washington recently voted in overwhelming fashion to organize, becoming the first casino workers in the state to unionize. The company owns 19 of the 44 card rooms in the Evergreen State and the vote to join Teamsters...
Macau February Gaming Revenue Tumbles 88 Percent After Coronavirus Forced 15-Day Casino Closure
Gross gaming revenue (GGR) in Macau slid 87.8 percent to $387 million in February, the worst monthly decline in the enclave's history. It was a drop hastened by a 15-day closure of casinos because of the outbreak of the novel coronavirus. The...
24 Carriers Scrap March Flights to and From Macau, Deal Gaming Rebound Hopes Another Blow
Twenty-four Asian airlines are canceling March flights to and from Macau because of the novel coronavirus, dealing a severe blow to an already fragile local economy that only recently reopened gaming properties following a 15-day closure. The Macau International Airport confirmed that...
Las Vegas Feeling Coronavirus Impact as White House, Google Cancel Sin City Conferences
Las Vegas, one of the largest convention destinations in the US, is feeling some effects from the spread of the novel coronavirus. The White House and Google cancelled conferences slated to take place in Sin City in March. On Friday, Trump Administration...
Montana Lottery Says 142 Businesses Sports Betting Ready, Still Eyeing Early March Launch, $1,000 Max Bet Policy in Place
The Montana Lottery Commission said 142 businesses across the state now have sports betting licenses, but it will be a little while longer before they can take action from gamblers. The lottery continues installing sports wagering devices at businesses that have obtained...
Eldorado Procures Maryland Approval For Caesars Takeover, Expects Deal Will Finalize Early Q2
Eldorado Resorts, Inc. (NASDAQ:ERI) has landed another state regulatory approval in its quest to acquire rival Caesars Entertainment Corp. (NASDAQ:CZR), as the Maryland State Lottery & Gaming Control Agency said Thursday it's signing off on the deal. On a conference call with...
