5081 stories by Todd Shriber
Bally’s Wants Bronx Residents to Enjoy Economic Spoils of Casino
Casino operator offering stakes in planned gaming venue to locals Model is similar to what the company is attempting in Chicago Bally’s (NYSE: BALY.T) wants Bronx residents to economically participate in its proposed casino hotel in the New York borough. Assuming the...
Majority of Adults Oppose Betting on College Sports
Respondents approve of betting on pro sports, but not college athletics in their states Majority consider filling out a March Madness bracket as form of betting While a majority of American adults favor laws allowing wagering on professional sports, a comparable percentage...
MGM Taking Airline Approach to Boosting Earnings
Moves follows increased parking prices and resort fees Higher ATM fees, recycling furniture among initiatives In a bid to boost earnings and cut costs, MGM Resorts International (NYSE: MGM)is taking a page from the airline industry’s playbook, embracing higher fees and cost-cutting...
Penn Entertainment Stock Could Be Durable in Mild Recession
Penn Entertainment stock has been a laggard Thesis belies conventional view of gaming stocks in recessions In what may come as a surprise to some investors, Penn Entertainment (NASDAQ: PENN) could be among the more durable stocks should a mild recession come...
Bangkok, Phuket Among Cities for Initial Thailand Casinos
Capitol city, three others named as initial homes to Thai casinos Ministry of Finance still considering public comment on casino gaming With casino gaming legislation advancing in Thailand, the country has named Bangkok, Chon Buri, Chiang Mai, and Phuket as the initial...
Florida Likely Only State to Add iGaming Over Next Several Years
iGaming legislation continues faltering Florida could be only state to add it through 2027 The start of each new year brings optimism that more states will approve internet casinos, and 2025 was no exception. But less than three months into the year,...
Century Casinos Call Turns Testy as Investors Decry Stock Slide
Pair of shareholders infiltrated conference call, criticizing executives One investor demands CEO change and a focus on the US Century Casinos’ (NASDAQ: CNTY) fourth-quarter earnings conference call turned acrimonious when a pair of shareholders hopped on to bash management while pointing out...
DraftKings Mulls Prediction Market Entry
Sportsbook operator submitted filing for “DraftKings Predict” Could be acknowledgement of potential threat from Kalshi, others An entity with ties to DraftKings (NASDAQ: DKNG) submitted a filing with the National Futures Association (NFA) for a business called “DraftKings Predict,” signaling the sportsbook...
Boyd Gaming Upgraded as Analyst Sees Value in Stock
Boyd upgraded despite sluggish regional casino trends Analyst calls the stock an "actionable long" Shares of Boyd Gaming (NYSE: BYD) traded modestly higher Wednesday after the regional casino stock was upgraded by a sell-side analyst. In a new report to clients, Susquehanna...
Churchill Downs Unveils $500 Million Buyback Plan
Churchill Downs could repurchase up to $500 million of its stock Replaces buyback plan announced in September 2021 Shares of Churchill Downs (NASDAQ: CHDN) traded higher in Wednesday’s after-hours session after the gaming company announced a new $500 million share repurchase program....
