Areas of Expertise
5360 stories by Todd Shriber
Seton Hall Survey Says 80 Percent of Americans Support Legalized Sports Betting
A new Seton Hall Sports Poll shows American attitudes toward sports betting are shifting in positive fashion and doing so in a big way. In the latest edition of the poll, the New Jersey university found that 55 percent of those surveyed...
Suncoast Hotel and Casino In Nevada Land For Sale For $87 Million, Boyd Gaming Will Continue Managing Gaming Venue
The real estate assets of the Suncoast Hotel and Casino, located at 9090 Alta Dr. in Summerlin, Nevada, are for sale, with a price tag of $87 million. Boyd Gaming, the owner of the venue, confirmed the land is for sale, but...
Oregon Lottery Scoreboard Could Permit Sports Wagers up to $250,000, But Restrictions Apply
The Oregon Lottery is nearing the launch of its “Scoreboard” mobile betting app, and with that debut comes the potential for gamblers to make some hefty wagers. Scoreboard's initial deposit limit will be $250,000, meaning it's possible that app users could wager...
Wilton Rancheria Tribe Scores Big Legal Victory in Elk Grove, California Casino Effort
California's Wilton Rancheria Tribe has landed an important legal victory in its effort to build a casino in Elk Grove, Calif. US District Court Trevor McFadden earlier this week threw out a motion opposing the project brought by Stand Up For California....
Rhode Island Republicans Demand Independent Look at Twin River, IGT Lottery Proposals
Rhode Island Republicans are calling for an independent review of lottery proposals submitted by International Game Technology Plc (IGT) and Twin River Worldwide Holdings, Inc. (TRWH), adding another chapter to the recent friction between the two gaming companies. In part, the request...
Mohegan Gaming Reveals Plan For Greece Integrated Resort at Hellenikon International Airport Site
Mohegan Gaming and Entertainment (MGE), the casino operating unit of Connecticut's Mohegan tribe, on Tuesday officially unveiled its plans for an integrated resort at the site of the Hellenikon International Airport near Athens. The company, which currently operates seven gaming properties, including...
Larry Flynt Scores With Ninth Circuit Court in Bid to Expand Gambling Business Outside California
Larry Flynt notched a legal win Monday in his effort to expand his gambling business outside California, when a Ninth Circuit of Appeals panel ruled he can challenge a Golden State law restricting owners of gaming properties there from investing in casinos...
Flutter Entertainment $12.2 Billion Takeover Offer is Credit Positive For The Stars Group, Says Moody’s
Last week, Flutter Entertainment Plc revealed a $12.2 billion, all-stock offer for rival The Stars Group. It's a deal that, if consummated, would create a global online gaming behemoth. Moody's Investors Service said the proposal is credit positive for the target company....
Wynn Macau EBITDA Estimates Get a Haircut With Analysts Citing Slack VIP Hold
Sluggishness among VIP gamblers and slack high-end turnover in Macau are expected to pressure results at Wynn Resorts, Ltd.'s (NASDAQ:WYNN) China business, according to a note out Monday from Bernstein analysts. The analysts slashed their 2019 earnings before interest, taxes, depreciation and...
Twin River Quietly Bought Back Stock, Analyst Sees ‘Strong Message’ Sent to Investors, Raises Price Target to $30
Amid increasing competition in New England, shares of Twin River Worldwide Holdings, Inc. (NYSE:TRWH) have shed nearly a third of their value since early July. But management has used that decline to buy back stock. Based on the company's recently announced quarterly...