5138 stories by Todd Shriber
Golden Gate, Circa Sports Owner Stevens Buys 1,000 Vegas Plane Tickets, Ballasts Sin City Reopening
With Nevada gaming properties targeting a June 4 reopening, some operators are stepping up in a bid to lure tourists back to Las Vegas. Derek Stevens, the owner of Circa Sports, the D Las Vegas, and the Golden Gate Hotel & Casino,...
Eldorado Resorts Rally Delivers Big Jackpots to Options Traders
With Eldorado Resorts (NASDAQ:ERI) stock in the midst of a stunning reversal off its March lows, the real jackpot winners are options traders, not gamblers visiting the company's casinos. Options market data indicates some traders were prescient enough to bet on the...
DraftKings Reportedly Mulling Bleacher Report Takeover
Barely more than a month old as a public company, DraftKings (NASDAQ: DKNG) may already be considering an acquisition in the form of Turner Sports' Bleacher Report unit. The rumor was initially reported by Front Office Sports late Tuesday, with Turner, a...
DraftKings Sees Lucrative In-Game Betting Market Emerging, Baseball, Others Viewed as Possible Catalysts
DraftKings (NASDAQ: DKNG) stock is soaring again Tuesday, a move helped by CEO Jason Robins saying the newly public company could realize significant opportunity going forward in the potentially lucrative in-game betting market. In an interview with Barron's, Robins said bolstering live...
Los Angeles Card Rooms Want in on Action as Tribal, Vegas Rivals Reopen
The six Los Angeles-area card rooms presented county health officials with a 20-page document containing policies and procedures. The document was aimed at convincing politicians the venues are ready to reopen following a more than two-month shutdown forced by the coronavirus pandemic....
Macau Luring VIPs Following Coronavirus Closure, But Not Enough to Boost GGR
The coronavirus pandemic isn't keeping some high rollers away from Macau. But their visitation and spending numbers weren't enough to prop up the Special Administrative Region's (SAR) gross gaming revenue (GGR). A study by the Macau Research Center, which covered the late...
Louisiana Sports Betting Legislation Moves Forward, Parish Votes Expected in November
Last week, the Louisiana State Senate voted 29-8 to advance sports betting legislation proposed by Sen. Cameron Henry (R-Metairie). That potentially sets the stage for the measure to be considered on a parish-by-parish basis in November. Henry's Senate Bill 130 allows for...
Churchill Downs, Aristocrat Close to Terms on Big Fish Games Suits
Churchill Downs and Aristocrat Leisure reached, in principle, an agreement to settle a pair of lawsuits stemming from the racetrack operator's sale of Big Fish Games to the gaming machine producer in 2018. The companies are close to settling the Kater v....
Century Casinos Rebound Isn’t Done Yet, Say Analysts
Century Casinos (NASDAQ:CNTY) was active last week, and all that activity prompted a 37 percent spike in the stock, even with a 4.13 percent decline last Friday. In addition to delivering first-quarter results, the company announced that its eight gaming properties in...
Caesars, Wyndham Extend Rewards Partnership Through 2021
With the travel and leisure industry under pressure in the wake of the coronavirus pandemic, some companies are enhancing and extending rewards programs to attract and retain customers. Caesars Entertainment and Wyndham Resorts are doing just that. Wyndham said it's extending through...
