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Todd Shriber
5729 stories by Todd Shriber
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,...
Eldorado Selling Mississippi, Missouri Casinos to Twin River ‘Credit Positive,’ Says Moody’s
Last week's announcement by Eldorado Resorts, Inc. (NASDAQ:ERI) to sell two casinos to Twin River Worldwide Holdings, Inc. (NYSE:TRWH) for $230 million in cash is a move viewed as “credit positive” by Moody's Investors Service....
Two San Antonio Women Arrested For Running Illegal Gambling Den After Three Years of Surveillance
Two San Antonio women were arrested Saturday night on charges of, among other things, running an illegal gambling establishment. The Bexar County Sherriff's Office (BCSO), the law enforcement agency with jurisdiction over the Alamo City,...
Isle Casino Racing Pompano Park Could be Latest South Florida Casino to Bring Back Jai Alai
The Isle Casino Racing Pompano Park in Pompano Beach, Fla. could become the latest gaming venue in South Florida to add live jai alai to its menu of wagering options. The property has been home...
California Casino Operated by Controversial Polygamous Group Gets Mixed Gaming License Ruling
The Lake Elsinore Casino, a California cardroom owned by a family that allegedly practices polygamy and intra-family marriage, won't get a permanent gaming license following a recent ruling by an administrative law judge, but there...
