4982 stories by Todd Shriber
Eldorado Resorts Earnings Weren’t Great, But Stock Gets a Lift From Positive Analyst Chatter
Eldorado Resorts, Inc. (NASDAQ:ERI) reported third-quarter earnings of 47 cents per share on revenue of $663.18 million yesterday after the close of US markets. Wall Street was expecting earnings of 62 cents on turnover of $674.72 million, but shares of the regional...
Full House Resorts Extends Rally After Colorado Approves Sports Betting, Stock Has Nearly Doubled Since July
Full House Resorts, Inc. (NASDAQ:FLL) is seeing its bets in Colorado pay off. Shares of the regional gaming company are soaring today after voters in the state narrowly approved sports wagering. Proposition DD, the ballot initiative put to voters in Tuesday's election,...
Wynn Resorts Delivers Gloomy Q3 Results With Macau Providing Expected Disappointment
Wynn Resorts Ltd. (NASDAQ:WYNN) was volatile in Wednesday's after-hours session, moving between losses and gains, after the company reported third-quarter results that came in well short of Wall Street expectations. The operator of the Encore and the Wynn on the Las Vegas...
Colorado Voters Don’t Cover The Spread, But Sports Betting Plan Proposition DD Ekes Out a Victory
It was closer than polls indicated it would be, but Proposition DD, Colorado's plan to legalize sports betting as a means of raising revenue for its water budget, was finally declared victorious on Wednesday afternoon. Centennial State voters headed to the ballot...
Caesars Entertainment CFO Hession Says Company is Examining Costs of South Korea Project
Caesars Entertainment Corp. is expected to open a namesake integrated resort in South Korea in 2021, its first push into the East Asian gaming market. But the operator is trying to be mindful of the costs associated with that endeavor. The Las...
Cosmopolitan Crosschecks Sharks Evander Kane Over $500,000 in Unpaid Markers
The Cosmopolitan Las Vegas, like any other casino, takes seriously the extension of credit or markers to its patrons. San Jose Sharks forward Evander Kane is learning that the hard way. On Monday, an entity known as Nevada Property 1, LLC, which...
Caesars Q3 Results: Viva Las Vegas, Sin City Delivers Amid Regional Struggles
Caesars Entertainment Corp. (NASDAQ:CZR) reported a third-quarter loss of 53 cents per share Wednesday after the close of US markets, far wider than the loss of five cents analysts were expecting. But the casino giant's results were propped by strong revenue growth...
NCAA Basketball Rules Changes Could Have Bettors Rejoicing Or Sweating Outcomes
The 2019-20 NCAA basketball season tips off today, and with it come a host of rules alterations that will affect bettors, both spread and totals players. Notably, the NCAA Playing Rules Oversight Panel signed off on moving the 3-point line to a...
Colorado Sports Betting Referendum Proposition DD Expected to Easily Pass in Tuesday Election
A new poll indicates that Colorado is poised to become the latest state to legalize sports betting following the Tuesday, Nov. 5 elections. Proposition DD will be considered by Centennial State voters today and is being pitched as a way for the...
Morgan Stanley Forecasts $7 Billion US Sports Betting Market by 2025, 40 Percent Increase Over Prior Projection
Morgan Stanley believes the outlook for the domestic sports wagering industry is crystallizing, prompting the investment bank to boost its revenue projection for the business to $7 billion by 2025. That's well above the firm's forecast of $5 billion issued in June...
