4985 stories by Todd Shriber
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...
‘Parlay Patz’ Facing Fed Charges for Alleged Violent, Racially Charged Internet Threats Aimed at MLB Players
Benjamin Patz, also known as “Parlay Patz,” is facing charges from the US Department of Justice (DOJ) for transmission of interstate threats aimed at several Major League Baseball (MLB) players. Patz, 23, rose to internet stardom in 2019 after hitting a series...
Twin River Offers Investors ‘Compelling’ Long-Term Value Possibilities, Says Analyst
Twin River Worldwide Holdings, Inc. (NYSE:TRWH) delivered fourth-quarter and full-year 2019 financial numbers on Tuesday. While there wasn't much in the way of surprises, one analyst remains enthusiastic about the regional gaming company. The operator of Rhode Island's two casinos last month...
Wynn Macau Can’t ‘Reasonably Estimate’ Coronavirus Effects on Financial Results at This Time
Wynn Macau delivered full-year 2019 numbers earlier today, but the focus was on 2020, with the company saying the novel coronavirus outbreak is likely to adversely affect results this year. The operator of the Wynn Macau and Wynn Palace in the world's...
Everi Stock ‘Dislocation’ Could Bring Investor Opportunity, Says Analyst
Everi Holdings Inc. (NYSE:EVRI) is following other gaming stocks lower, having shed more than 24 percent over the past week. But at least one analyst remains bullish on the gaming technology solutions provider. The Las Vegas-based company reported fourth-quarter results on Monday,...
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...
Coronavirus Seen Having Major 2020 Gaming Impact, Research Firm Trims Win Forecast Eight Percent
The novel coronavirus outbreak is already hampering some of the world's largest gaming centers, prompting at least one research firm to slash 2020 estimates for the industry. In a new report, H2 Gambling Capital, a data consultancy firm for the global gaming...
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...
