4982 stories by Todd Shriber
November Rain: Nomura Instinet Says This Will be Worst Month of 2019 For Macau Operators
Analysts are piling on when it comes to gloomy fourth-quarter forecasts for Macau gross gaming revenue (GGR). Today, Nomura Instinet said it expects November will be the worst month of 2019 for turnover in the Asia gambling hub. In October, Macau's six...
Hard Rock or Mohegan Gaming Committed Procedural Snafu That Will Delay Announcement of Greece Casino Winning Bidder
Hard Rock International and Mohegan Gaming and Entertainment (MGE), the casino operating unit of Connecticut’s Mohegan tribe, are the two operators vying to win the rights to open an integrated resort on land occupied by the abandoned Hellenikon International Airport near Athens....
Full House Resorts Shares Surge After Fund Manager Gabelli Says he Likes The Stock
Shares of regional gaming company Full House Resorts, Inc. (NASDAQ:FLL) jumped by nearly 22 percent earlier Monday after Gabelli Asset Management Company Investors (GAMCO) founder Mario Gabelli highlighted the stock in an interview with CNBC. At this writing, shares of the operator...
Dennis Blieden, Former Poker Champ, Pleads Guilty to Multiple Counts, Faces 22 Years in Prison
Dennis Blieden, a former executive at a Hollywood firm representing social media influencers and a professional poker player, last week plead guilty to federal charges. They stemmed from allegations he bilked more than $22 million from his previous employer to pay for...
Bernstein Trims Fourth-Quarter Macau Estimates, Sings Familiar Refrain of VIP Weakness
Bernstein analysts pared fourth-quarter earnings estimates for the six operators in Macau, noting an often-cited catalyst this year: sluggishness among high-end players. The research firm said it expects Macau gross gaming revenue (GGR) for the current quarter to decline seven percent on...
Basketball And Bets: Philadelphia 76ers Sports Wagering Broadcast Returns to NBC Sports Streaming Service
NBC Sports Philadelphia, one of the peacock network's eight regional sports networks (RSNs), brought back a sports betting-focused broadcast for 76ers games airing on its streaming service. NBC Sports BetCast relaunched on Wednesday for the Sixers' game against the New York Knicks,...
Montana Lottery Commission Inches Closer to Getting Sports Betting Off The Ground, Approves Draft Rules
Sports betting continues its slow crawl in Montana. But it is inching closer to getting up and running after the Montana Lottery and Sports Wagering Commission this week approved draft rules that should be set next month. Earlier this year, Gov. Steve...
Virginia Legislation Could Give Sports Betting a Chance in 2020
Earlier this week, Republican Delegate Barry Knight filed HB 4 in the Virginia House of Delegates, a move that could prompt politicians there to take up the matter of sports betting in 2020. As is the case in some other states, Virginia...
LeBron James, Dwayne Wade Sons High School Game Can be Wagered on, But Don’t Bet on That Being The Norm
Tonight, the Sierra Canyon Trailblazers, with a roster featuring Bronny James and Zaire Wade, the sons of NBA legends LeBron James and Dwayne Wade, travels to San Diego to take on Montgomery High School. With Sierra Canyon, located in Chatsworth, Calif., entering...
Pansy Ho Trims Stake in MGM Resorts For a Cool $140 Million, Reduces Position to 2.26 Percent
Pansy Ho, co-chairperson at MGM China Holdings Ltd., has reduced her financial stake in the company's US-based parent, MGM Resorts International (NYSE:MGM). In sales conducted last week, Ho sold 4.5 million shares for $140.2 million of the Bellagio and Mirage operator's stock,...
