Areas of Expertise
5082 stories by Todd Shriber
Twin River 2020 EBITDA Could Jump 8 Percent or More Thanks to Eldorado Acquisitions
Twin River Worldwide Holdings, Inc. (NYSE:TRWH) gave investors a glance into its fourth-quarter and full year earnings report Monday afternoon. The company revealed it expects 2020 adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) to increase about eight percent. The operator...
XFL Inaugural Games Notch Handle 2,000 Times That of AAF First Weekend, TV Ratings Impress
In its debut weekend, the XFL garnered solid television ratings, and the new league generated interest in another venue: sportsbooks across the country. It wasn't an NFL weekend and it didn't need to be. But the latest version of the XFL posted...
Goldman Sachs Says Wynn Can Rally – if Coronavirus Fears Prove Overhyped
Assuming fears surrounding the new coronavirus from China prove overblown, Goldman Sachs views Wynn Resorts (NASDAQ:WYNN) as one of the stocks likely to benefit. But that's a big “if.” Identifying what constitutes concerns that have been blown out of proportion is subjective....
Macau Gaming, Junket Operators Chip in $22.5 Million for Coronavirus Cure, Well Behind Gates’ $100 Million
With the lifeblood of Macau's economy shut off due to the new coronavirus, gaming and junket companies want a solution, and are donating nearly $22.5 million to find a cure for the deadly respiratory illness. In recent days, confirmed cases of the...
William Hill Reportedly Nearing CBS Sports Agreement in Quest for Media Deal
UPDATE: Feb. 10, 2020: On Monday afternoon, ViacomCBS and William Hill confirmed a strategic partnership in which the sportsbook operator will be the official book and data provider on all CBS Sports platforms. Financial terms of the deal weren't revealed. ___________________________________________________________________________________________________________________________ British...
Penn National Gaming Takes Checkers as First Official Gaming Partner of NASCAR
Penn National Gaming continues adding to its burgeoning sports betting empire, announcing Friday that it's entering a deal with NASCAR to become the stock car racing association's authorized gaming provider. It marks the operator's first partnership with a professional sports league. NASCAR's...
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...