4982 stories by Todd Shriber
XFL Looks to Become Gamblers’ Paradise with NFL Season Over, Inks Mobile Betting Deal with Fox Bet
The XFL's 10-week regular season kicks off on Saturday, Feb. 8, and the new league continues positioning itself as an option for football-starved gamblers, announcing today a mobile sports wagering agreement with Fox Bet. Fox Sports, parent company of the betting outfit,...
Wynn Contending With Costly Coronavirus Closures, but Analyst Sees Some Positives
Shares of Wynn Resorts (NASDAQ:WYNN) are being punished Friday after the company released fourth-quarter results. That included a gloomy update on how the novel coronavirus is affecting its Macau operations. On the company's conference call Thursday afternoon, CEO Matt Maddox told analysts...
Century Casinos, Circa Sports Announce Rocky Mountain Partnership for Colorado Mobile Sports Betting
Century Casinos (NASDAQ:CNTY) and Circa Sports are partnering on internet and mobile sports betting in Colorado. Voters in the Centennial State, where Century operates two casinos, narrowly voted in favor of Proposition DD last November, setting the stage for sports wagering. It's...
Wynn Q4 EBITDA, Revenue Decline, Maddox Says Company ‘Almost Solely Focused’ on Macau Coronavirus Situation
Wynn Resorts (NASDAQ:WYNN) reported fourth-quarter results after the close of US markets today. But as was widely expected, the novel coronavirus and its impact on the Macau gaming scene took center stage on the conference call. In fact, CEO Matt Maddox jumped...
Redskins Tell Maryland Lawmakers Minority-Run Company Will Manage FedEx Field, New Stadium Sportsbook
The Washington Redskins are angling for in-stadium sports wagering should Maryland policymakers approve sports betting. The team is pledging that it will work with a minority-owned company if it's allowed to offer gambling at its home field. Justin Ross, formerly a Maryland...
Las Vegas Sands, MGM Resorts, Wynn Could Face Credit Issues Due to Macau Casino Closures
Las Vegas Sands (NYSE:LVS), MGM Resorts International (NYSE:MGM), and Wynn Resorts (NASDAQ: WYNN) – three of the largest operators in Macau – could contend with credit headwinds in the wake of the casino closures there, says Moody's Investors Service. Because of the...
Adelson Could Rein in GOP Donations as Coronavirus Crimps Sands Profits
Las Vegas Sands (NYSE:LVS) Chairman and CEO Sheldon Adelson is usually one of the largest donors to Republican candidates, and with 2020 being a presidential election, the GOP is likely banking on continued generosity from the casino mogul. But the leader of...
Arizona Giving Sports Betting Legislation Another Whirl, Passage Into Law Faces Long Odds
Arizona lawmakers are giving the issue of sports wagering a try for the second consecutive year. But doubts linger that the 2020 effort will be anymore successful than last year's attempt. State Sen. Sonny Borrelli (R-Lake Havasu City) and Rep. Steve Pierce...
Las Vegas Sands President Goldstein Says Macau Closures Could Extend Beyond Two Weeks
Macau's casino closure effort, aimed at protecting the Special Administrative Region's (SAR) citizens and gaming staffers from the coronavirus, could last beyond the expected two weeks, according to one industry executive. Las Vegas Sands (LVS) President and COO Rob Goldstein made comments...
Macau GGR Forecasts Bad to Worse, as JPMorgan Projects 75 Percent February Slide
Analyst projections for February gross gaming revenue (GGR) in Macau are moving from bad to worse after officials there decided to shutter casinos for the next two weeks. The decision to close the peninsula's 41 gaming venues for 15 days amid the...
