5360 stories by Todd Shriber
Bad Bounces For Bettor as MGM Airballs Two Sportsbook Checks, Player Fights to Get Less Than $1K to Clear
MGM Resorts International -- the largest casino operator on the Las Vegas Strip -- bounced not one, but two checks to a California man looking to collect winnings on wagers made during the NCAA Tournament. Jose Moreno visited Sin City in March...
MGM Resorts Sues Zurich After Insurance Company Balks at Paying Casino Operator’s Legal Bills
MGM Resorts International is suing Zurich American Insurance Company for breach of contract, claiming the insurance provider is not fulfilling its contractual obligation to cover the casino operator's legal bills stemming from the October 2017 mass shooting at the Mandalay Bay in...
Wynn CEO Matt Maddox Keeps Cards Close to His Vest When it Comes to Japan
While some rivals are overt with their intentions in Japan, Wynn Resorts. Ltd. (NASDAQ: WYNN) CEO Matt Maddox is taking a more a discreet approach to landing one of that country's prized casino gaming licenses. In the quest to open integrated resorts...
Transfer of Las Vegas Sands Shares Lifts Sheldon Adelson’s Wife Miriam to Top Spot Among Israel’s Billionaires
Las Vegas Sands Corp. (NYSE: LVS) founder and CEO Sheldon Adelson last year transferred millions of shares of the casino operator's stock to his wife, Dr. Miriam Adelson, making her Israel's wealthiest person. A new addition to the list of Israel's mega-rich,...
Analysts Implore Wynn CEO Maddox to Hold Onto Boston Property at All Costs
Just days before Wynn Resorts. Ltd. (NASDAQ: WYNN) is slated to open the Encore Boston Harbor, a trio of Bernstein analysts want to remind CEO Matt Maddox of the strategic importance of Beantown, beseeching him to not again consider selling the highly...
For Las Vegas Sands in Japan, All Attention Turns to Osaka License
With Tokyo readying for the 2020 Summer Olympics and Yokohama uninterested in being Japan's casino gaming hub, a high-ranking Las Vegas Sands Corp. (NYSE: LVS) executive said his company will hone in on Osaka as it pursues plans to build an integrated...
Google Plans to Expand Gambling Apps Beyond Britain and France, Letting Developers Stay ‘Non-Native’
Although Google only has online gaming apps in the UK and EU these days, that could soon change. And when it does, the mobile giant will not make developers create unique 'native-only' apps specifically for the Google platform the way its primary...
Analyst Sees ‘Interesting Story’ With Red Rock, Likes Boyd’s Cash Flow
Red Rock Resorts Inc. (NASDAQ: RRR), the operator of 20 casinos, could be a compelling bet for investors in the future. But at least one analyst sees some difficulties in estimating the impact of the company's efforts to ramp up the Palms...
Marina Bay Sands Asking Lenders for Almost $6 Billion in Singapore, May Have Its Work Cut Out to Reach Goal
Marina Bay Sands -- the Singapore casino operator that is a unit of Las Vegas Sands Corp. (NYSE: LVS) -- is looking for up to $5.86 billion in financing, its first visit to the loan market since 2012, and one that's expected...
US Sports Betting Market Will Be 90 Percent Online and Mobile Within a Decade, Industry Experts Assert
Mobile devices and the internet will be the dominant avenues for bettors looking to access the growing US sports wagering market. According to an Associated Press (AP) report that came out of the East Coast Gaming Congress in Atlantic City this week,...
