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Todd Shriber
5730 stories by Todd Shriber
Apple Pushes Back Deadline For Gambling App Developers to Comply With Native Request
Apple is giving developers of gambling-related mobile applications more time to comply with a previously announced edict requiring the apps to be “native,” or rooted in the iOS operating system. In June, Apple said it...
MGM Doing Business With Phil Ruffin Again as Billionaire Real Estate Investor Considers Buying Circus Circus
MGM Resorts International (NYSE:MGM), as part of its ongoing effort to unlock value from its real estate assets, is reportedly in talks to sell its Circus Circus property on the Las Vegas Strip to billionaire...
Japan Casino License Renewal Process Pesky For Operators, But GGR Could Be Higher Than Expected, Says Fitch
Japanese authorities have not even awarded gaming licenses yet, but some market observers are already fretting about the renewal process for those yet-to-be-assigned permits. Regulators there could force operators to renew their licenses every 10...
Hawaii Gambling Ring Smashed, FBI, ATF, Local Police Charge 15 Suspects, Seize $150,000 in Cash
Federal authorities and local law enforcement on Monday busted an illegal gambling operation spanning two residences on the island of Oahu, Hawaii, resulting in federal charges for 15 suspects. The operation, which resulted in the...
MGM Wins in Sales of Bellagio, Grand, But MGP Could be Pinched, Says Analyst
News broke Monday that MGM Resorts International (NYSE:MGM) is reportedly in talks with private equity firm Blackstone Group (NYSE:BX) about selling the Bellagio and MGM Grand, two of the most prized assets on the Las...
Morongo Casino Unveils California Expansion Plans, Adding 800 Slots, 30,000 Square Feet of Gaming Space
The Morongo Casino Resort & Spa, one of the largest tribal gaming venues in Southern California, is planning to get even bigger. The Morongo Band of Mission Indians, the operator of the casino in Cabazon,...
MGM Resorts Looks Undervalued, Analyst Sees Japan, Sports Betting Powering Stock Higher
MGM Resorts International (NYSE:MGM) stock entered Monday with a year-to-date gain of 19.83%, slightly trailing the S&P 500. In a research note out today, Macquarie analyst Chad Beynon said there are catalysts on the horizon...
Hard Rock International, Mohegan Gaming Emerge as Greece Airport Casino Leading Contenders
Hard Rock International and Mohegan Gaming and Entertainment are the two remaining competitors in the effort to bring a casino to the former Hellenikon International Airport site near the Greek capital of Athens. Mohegan Gaming,...
NASCAR Puts Live Betting in Gear For Playoffs Starting With South Point 400 in Las Vegas
NASCAR's 10-race playoff kicks off today, and in what may be a coincidence, the top motorsports league in the US is rolling out live betting options for a race in Las Vegas, the American gambling...
Gaming REITs MGM Growth, Vici Properties Raise Dividends, Both Yield More Than Double 10 Year Treasuries
MGM Growth Properties (NYSE:MGP) and Vici Properties (NYSE:VICI), two of the three domestic gaming real estate investment trusts (REITs), announced dividend increases this week. MGP's dividend increase was modest, with the company boosting the quarterly...
