5360 stories by Todd Shriber
Ohio Casinos Pass $160 Million in July Revenue, But MGM Northfield Park Struggles
Casinos and racinos in Ohio combined for $162.2 million in gross gaming revenue (GGR) last month, a 2.3 percent year-over-year increase even as MGM Northfield Park posted another monthly decline. JACK Entertainment's JACK Thistledown Racino in Randall and the JACK Casino in...
Eldorado, Caesars Marriage Makes Atlantic City an Epicenter for Potential Asset Sales
When Eldorado Resorts, Inc. (NASDAQ:ERI) announced its $17.3 billion takeover offer for Caesars Entertainment Corp. (NASDAQ:CZR) in June, asset sales aimed at raising cash and the reducing the companies' sprawling portfolios were expected. Reno-based Eldorado has already announced the sale of eight...
Scientific Games Enters Rhode Island Fracas Between IGT, Twin River
The ongoing spat between Twin River Worldwide Holdings, Inc. (NYSE:TRWH) and International Game Technology Plc (NYSE:IGT) regarding the latter's dominance in Rhode Island's gaming machine market has a new participant: Scientific Games Corp. (NASDAQ: SGMS). Scientific Games, one of IGT's primary rivals,...
Wynn Resorts Has Plans For 11 Acres Around Encore Boston Harbor, But Effort Could Take Awhile
Wynn Resorts owns 11 acres of prime real estate around the recently opened Encore Boston Harbor. While the company has plans for that land, it could take some time for that vision to be realized. Encore Boston Harbor, the company's first US...
Wynn Resorts Q2 Revenue Beats Wall Street Forecasts, Macau Sales Nudge Higher
Wynn Resorts Ltd. (NASDAQ:WYNN) said its second-quarter earnings based on generally accepted accounting principles (GAAP) checked in at 88 cents a share, badly missing analysts' estimate of $1.26. But turnover at the company's Macau properties inched higher. On a non-GAAP basis, the...
Washington Redskins First NFL Team to Offer Live Predictive Gaming During Telecasts
The Washington Redskins will offer in-game predictive gaming during television broadcasts of the team's four preseason contests, becoming the first NFL franchise to do so. Dubbed “Predict The Game,” the offering will be free to play for viewers and participants can win...
Caesars Q2 Revenue Climbs As Sports Betting, Strip Food And Beverage Offset Weak Vegas Table Volumes
Caesars Entertainment Corp. (NASDAQ: CZR) said its second-quarter revenue rose almost five percent to $2.22 billion, beating Wall Street's forecast by $10 million, on the back of expanded sports betting offerings at its regional properties and strong hotel and food and beverage...
Philadelphia 76ers Star Ben Simmons Denied Entry at Crown Casino in His Native Australia
Philadelphia 76ers All-Star Ben Simmons said he was not allowed to enter the Crown Casino in Melbourne, Australia, claiming that he and several friends were denied admittance to the property because of their race. Simmons, who was born in Melbourne, and three...
Ladbrokes Coral Social Responsibility Failings Could Harm Credit Rating for GVC Holdings
GVC Holdings Plc, the owner of bookmaker Ladbrokes Coral, could face credit rating issues if the company doesn't take adequate steps to prevent money laundering and protect gamblers vulnerable to addiction. In late July, the UK Gambling Commission hit GVC with a...
Apple Card Users Won’t Be Able to Buy Casino Chips, Bet The Ponies or Buy Bitcoin
Apple Inc.'s highly anticipated credit card, expected to be launched later this month, will not be usable at casinos to buy chips or at racetracks to make bets. Goldman Sachs, the issuing bank of the Apple Card, released its cardholder agreement Friday,...
