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Todd Shriber
5643 stories by Todd Shriber
Raiders Stadium Las Vegas Budget Jumps to $1.9 Billion With More Suites, Club Seating Added
The budget for Las Vegas Stadium, the Strip venue that will host games for the NFL's Raiders, is on the rise to $1.9 billion from the initial projection of $1.8 billion after officials recently signed...
Gaming Industry Adding to Better Outlook for Massachusetts Job Numbers
Casino operators, including Wynn Resorts, are playing an increasingly important role in job creation in Massachusetts, helping keep the commonwealth's unemployment rate among the nation's lowest. Wynn's $2.6 billion Encore Boston Harbor, open since June...
Brookfield Asset Management Looking For Buyer of Bahamas Atlantis
Brookfield Asset Management Inc. (NYSE:BAM), an asset management and real estate development firm, is looking to sell the Atlantis Paradise Island Resort in the Bahamas, one of the region's most popular tourist destinations. Canadian-based Brookfield...
Eldorado Resorts Stock in Unusual Spot, History Says That Could Be a Good Thing
Eldorado Resorts, Inc. (NASDAQ:ERI), the regional gaming company that said last month it will acquire Caesars Entertainment Corp. (NASDAQ:CZR) for $17.3 billion, finds its stock in an unusual spot and if history repeats, the shares...
MGM Mulling Real Estate Sale of High-End Las Vegas Strip Properties, Including Bellagio, MGM Grand
MGM Resorts International (NYSE:MGM) is reportedly in discussions to sell but retain operating rights to some of its glitzier Las Vegas Strip properties, including the Bellagio. If commenced, the transactions would be in the form...
Rhode Island Gov. Raimondo Balks at Twin River Offer to Take Lottery Contract From IGT
Gov. Gina Raimondo (D-RI) doesn't want Twin River Worldwide Holdings, Inc. (NYSE:TRWH), Rhode Island's lone casino operator, usurping International Game Technology Plc (NYSE:IGT) as the state's lottery manager. Recently, Twin River offered Rhode Island $125...
June Gloom For MGM Springfield as Gaming Revenue Slumps 10.5 Percent From May, Second-Worst Month Since Opening
MGM Springfield struggled to jumpstart gross gaming revenue (GGR) in June, notching its second-worst month by that metric since opening in August 2018. The casino, which has been struggling to meet revenue targets since inception,...
Wynn Resorts Analyst Finds Stock Interesting, Encouraged by Capital Allocation Plans
J.P. Morgan gaming and leisure analyst Joseph Greff finds shares of Wynn Resorts, Ltd. (NASDAQ:WYNN) interesting and is enthusiastic about the comments the company made regarding its capital spending plans at its recent analyst and...
Luck Wasn’t a Lady For Monday Patrons at Larry Flynt Los Angeles Casino
Eleven patrons were injured Monday when part of the roof at Larry Flynt's Lucky Lady Casino in Gardena, Calif. collapsed. A 25-foot by 15-foot portion of the roof over the Lucky Lady's lobby fell to...
Epoch Investment Partners CEO Priest Bullish on MGM Resorts, Sees Ongoing US, China Growth
William Priest, CEO and chief investment officer (CIO) of Epoch Investment Partners, is bullish on shares of MGM Resorts International (NYSE:MGM), citing a variety of factors, including continued revenue growth in the US and China,...
