4983 stories by Todd Shriber
Nagasaki Could Open Integrated Resort by 2025, According to Japan Prefecture Budget
Nagasaki could have an integrated resort open sometime in 2025, potentially beating rival Japanese regions to the punch, assuming the prefecture can win approval from the federal government in 2021. The prefecture's Budget Committee notes in a recent document that if the...
Eldorado Resorts Swoons Amid Coronavirus, Financing Fears, but Stock Still has Defenders
Entering Monday, Eldorado Resorts, Inc. (NASDAQ:ERI) was off 43.58 percent this year, a tumble that erased $2.2 billion in market value. Things are getting worse for the regional gaming company, with the shares down 11.44 percent at this writing as investors fret...
BetMGM App Goes Live in Nevada, Company Rebrands Sportsbooks, Adds Kiosks at Strip Venues
MGM Resorts International (MGM) said its BetMGM mobile application is now live in its home state of Nevada. It's a launch that includes the rebranding of the operator's brick-and-mortar sportsbooks, as well as the addition of more than 100 gaming kiosks at...
DraftKings, Penn National Among Latest Operators Landing Colorado Sports Betting Licenses
In an effort to render decisions on more sports betting applications ahead of the May 1 launch date, the Colorado Limited Gaming Control Commission (CLGCC) on Thursday approved several more permits. That brings the total to roughly a dozen since last month....
34 Gambling References Found in NFL Collective Bargaining Agreement, Players Want Cut of Action
NFL players are voting on the latest collective bargaining agreement (CBA), a voluminous, 439-page document that features 34 references to gambling. The proposal, which was distributed leaguewide on Thursday, is a clear sign the NFL Players Association (NFLPA) wants a cut of...
Kudlow Says White House Mulling Assistance for Travel, Leisure Industry Battered by Coronavirus
White House economic adviser Larry Kudlow said Friday the Trump Administration is evaluating responses, potentially including economic stimulus, to help industries and workers affected by the spread of the novel coronavirus in the US. In remarks made on CNBC and Fox Business,...
DraftKings, FanDuel Lead US Sports Betting Mobile App Downloads, Says Morgan Stanley
Led by DraftKings and FanDuel, downloads of mobile sports betting applications in the US jumped 84 percent on a year-over-year basis last month, according to a new research report from Morgan Stanley. The bank specifically analyzed the period following the Super Bowl...
Eldorado Crushed by Shorts, Tumbles to Lowest Post-Caesars Announcement Levels, Bears Bashing Others
Shares of Eldorado Resorts, Inc. (NASDAQ:ERI) plunged 15.52 percent today on volume that was more than quadruple the daily average, as the stock closed below the nadir seen in the months following the company's announcement regarding a $17.3 billion takeover offer for...
HotelPlanner.com CEO Calls for $2,000 Travel Stimulus Plan as Coronavirus Crimps Gaming, Leisure Industry
The travel and leisure industry, including gaming operators, is being pinched by the spread of the novel coronavirus in the US, prompting one executive to push politicians to consider stimulus efforts. Tim Hentschel, CEO of online travel group provider HotelPlanner.com, said that...
Macau Government Not Mulling Casino Tax Cuts, and Operators Aren’t Asking
Macau's government isn't mulling tax reductions for gaming companies there even as the Special Administrative Region's (SAR) most important industry struggles to rebound from the novel coronavirus outbreak. Although gross gaming revenue (GGR) on the peninsula tumbled nearly 88 percent in February...
