5138 stories by Todd Shriber
Kansas Gives Sports Betting Another Chance as Bill Emerges From Senate Committee
The Kansas Senate Federal and State Affairs Committee passed a sports wagering bill Monday. But the Sunflower State still has a long way to go before joining the 20 others and Washington, DC that have signed-off on sports betting. The legislation passed...
1060 Capital Ups Sports Betting Equity Exposure, Including DraftKings, but Pares Churchill Downs, Penn National Positions
1060 Capital Management, a hedge fund with a track record of investing in gaming stocks, initiated positions in some sports betting equities in the fourth quarter. At the same time, they were reducing exposure to a pair of companies with significant sports...
J.P. Morgan Sees Macau February GGR Down 80 Percent Even with Casinos Reopening This Week
Macau gross gaming revenue (GGR) is likely to plunge 80 percent this month even though casinos there are expected to reopen on Thursday, according to J.P. Morgan analysts. That estimate is toward the lower end of various negative forecasts that have emerged...
MGM Resorts Last Competitor Standing in Osaka Integrated Resort Competition
It was once a three-horse race to build an integrated resort in Osaka. But now, MGM Resorts International and local partner Orix are the last competitors standing. Last week, reports circulated confirming what many already knew – that MGM was viewed as...
Colorado Gaming Commission Could Issue up to Seven Sports Betting Licenses This Week
The Colorado Limited Gaming Control Commission could issue as many as seven sports betting permits at its Feb. 20 meeting, approvals that would be the first since voters there signed off on sports wagering last November. The commission will be hearing applications...
MontBleu Value Modified Following Eldorado Tardiness on Records Submissions
The MontBleu Resort, Casino and Spa, an Eldorado Resorts, Inc. (ERI) gaming property in Stateline, Nevada, had its recorded value altered by the Douglas County Board of Equalization last week. That follows a delayed document submission by the regional gaming company. Silver...
West Virginia Pols Pitch Elections, Esports Wagering For Expansion
A trio of West Virginia politicians are pitching sweeping sports betting expansion, including the addition of wagering on esports and political contests. State Sens. William Ihlenfeld (D-Ohio), Mike Maroney (R-Marshall), and Eric Tarr (R-Teas Valley) submitted SB-788 on Friday, which, if approved,...
Washington State House Passes Sports Betting in Dead of Night Vote, Maverick Gaming Readies Legal Challenge
Late Thursday, the Washington state House of Representatives voted 83-14 in favor of sports betting bill HB-2638. Politicians there are hoping to push forward before the legislature adjourns next month, but Maverick Gaming LLC could be preparing to challenge the bill in...
MGM Resorts Nabs Pole Position in Race for Osaka Integrated Resort
MGM Resorts International and its local partner, Orix, have been declared the front-runner to bring an integrated resort to Osaka, the local government said today. The Osaka competition revolves around three operators – MGM, Galaxy Entertainment Group, and Genting Singapore – all...
Wynn, Encore Las Vegas Glitter in Forbes’ Eyes, Land Five-Star Ratings
Wynn and Encore Las Vegas earned the prestigious five-star label from Forbes Travel Guide (FTG), becoming the largest and second-largest hotel properties, respectively, to attain that designation. The FTG list for 2020 was revealed on Wednesday, and ranks hotels, restaurants and spas...
