4985 stories by Todd Shriber
Vici Properties Shells Out $843.3 Million For Jack Cleveland, Thistledown Racino, JACK Entertainment Will Lease Back Properties
JACK Entertainment is monetizing a pair of Cleveland assets, announcing that it will sell the Jack Cleveland Casino and the Jack Thistledown Racino to Vici Properties (NYSE:VICI) for $843.3 million in cash. Privately held JACK Entertainment, which is controlled by billionaire Cleveland...
Asian American Entertainment $12 Billion Macau Suit Against Las Vegas Sands Delayed Until September 2020
A trial for a $12 billion lawsuit brought against Las Vegas Sands (LVS) in Macau earlier this year by Marshall Hao's Asian American Entertainment Corp. (AAEC) has been delayed until September 16, 2020. The proceedings were originally slated to start last month....
Osaka Banks on Boats to Bring Gamblers, Assuming It’s Awarded An Integrated Resort
Looking to allay concerns that a prospective integrated resort will be located far from other major points of interest, officials in Osaka on Friday announced plans to build a new port to enhance access to a gaming venue. The Japanese city, viewed...
Hard Rock Illinois Casino Project Lure Investments From Scores of Rockford Luminaries
Hard Rock International's effort to bring a casino and live entertainment venue to Rockford, Ill. is drawing investments from some pillars of the community. The list was kept confidential until a local newspaper pushed for its release. One of the largest backers...
Star Entertainment Group Wants Some Quid Pro Quo With Australia Expansion Plans
Star Entertainment Group is pledging to spend $68.31 million to renovate the Gold Coast Convention and Exhibition Centre and the Sheraton Grand Mirage resort along Australia's Gold Coast. But there's a catch: the company wants politicians there to grant it a monopoly...
Las Vegas Sands Earnings Weren’t Great, But Analyst Says Stay For The Dividend, Company Best-Positioned in Industry
Las Vegas Sands Corp.'s (NYSE:LVS) third-quarter results, which were released Wednesday, weren't great. Earnings of 69 cents a share on revenue of $3.25 billion missed Wall Street estimates of 75 cents a share on turnover of $3.30 billion. But analysts remain mostly...
Wynn Resorts EBITDA, Price Target Pared by Analyst Citing Softness Among Macau VIPs
Wynn Resorts Ltd. (NASDAQ:WYNN) reports third-quarter earnings on Nov. 6, and some analysts are bracing for the company to deliver less-than-impressive numbers in its Macau VIP segment. Citing expectations for softness among high end Macau gamblers during the July through September quarter,...
Montana Sports Gamblers Could Make Bets From up to 1,400 Locations, One For Every 764 Residents
Montana is expected to have sports betting operational by the end of this year. Gamblers there that don't want to place wagers online or via a mobile app probably won't have to go far, because as many 1,400 businesses across the state...
Las Vegas Sands President Goldstein Says $10 Billion Could be The Floor For Japanese Integrated Resort
Las Vegas Sands Corp. (NYSE:LVS) held its third-quarter earnings conference call after the close of US markets Wednesday. But the numbers grabbing some investors' attention aren't just the 69 cents a share the company earned in the period on revenue of $3.25...
Las Vegas Sands Steady After Q3 Results Lag Estimates, Macau Numbers Could Have Been Worse, Dividend Increased
Shares of Las Vegas Sands Corp. (NYSE:LVS) were mostly flat in Wednesday's after-hours session after the largest domestic casino company by market value revealed third-quarter results that missed Wall Street estimates. But investors appeared constructive on the firm's decent Macau data. On...
