5139 stories by Todd Shriber
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...
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...
