5361 stories by Todd Shriber
Osaka Banks on Boats to Bring Gamblers, Assuming It’s Awarded An Integrated Resort
Looking to allay concerns that a prospective integrated resort will be located far from other major points of interest, officials in Osaka on Friday announced plans to build a new port to enhance access to a gaming venue. The Japanese city, viewed...
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 politicians there to grant it a monopoly...
Las Vegas Sands Earnings Weren’t Great, But Analyst Says Stay For The Dividend, Company Best-Positioned in Industry
Las Vegas Sands Corp.'s (NYSE:LVS) third-quarter results, which were released Wednesday, weren't great. Earnings of 69 cents a share on revenue of $3.25 billion missed Wall Street estimates of 75 cents a share on turnover of $3.30 billion. But analysts remain mostly...
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 gamblers during the July through September quarter,...
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 as many 1,400 businesses across the state...
Las Vegas Sands President Goldstein Says $10 Billion Could be The Floor For Japanese Integrated Resort
Las Vegas Sands Corp. (NYSE:LVS) held its third-quarter earnings conference call after the close of US markets Wednesday. But the numbers grabbing some investors' attention aren't just the 69 cents a share the company earned in the period on revenue of $3.25...
Las Vegas Sands Steady After Q3 Results Lag Estimates, Macau Numbers Could Have Been Worse, Dividend Increased
Shares of Las Vegas Sands Corp. (NYSE:LVS) were mostly flat in Wednesday's after-hours session after the largest domestic casino company by market value revealed third-quarter results that missed Wall Street estimates. But investors appeared constructive on the firm's decent Macau data. On...
Boyd Gaming Tepid Third Quarter Results Have Analysts Mixed on Stock
Shares of regional casino operator Boyd Gaming Corp. (NYSE:BYD) were higher by about two percent in midday trading Wednesday, a day after the company delivered third-quarter earnings. But some sell-side analysts are not impressed with the results. For the quarter ending Sept....
Century Casinos Enjoys Rally After Analyst Forecasts Massive Upside For Stock
Shares of Century Casinos, Inc. (NASDAQ:CNTY), the operator of mid-sized regional properties, have rallied in substantial fashion over the past two days following some bullish commentary from a noted gaming industry analyst. In a note sent to clients Monday, Union Gaming analyst...
Osaka Considering Leasing Land Pitched For Integrated Resort, Not Selling it to Operators
Osaka, one of the Japanese cities leading the competition there to become home to an integrated resort, is considering leasing land to the gaming company selected to operate the venue rather than selling the property outright. Osaka, Japan's third-largest city behind Tokyo...
