5082 stories by Todd Shriber
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,...
Las Vegas Sands Bond Sale Tagged With BBB- Mark, Fitch Says Macau Concession Risk Prevents Higher Rating
Las Vegas Sands Corp. (NYSE:LVS) said Thursday it's selling an unspecified amount of debt, which earned a BBB- grade with a “positive” outlook from Fitch Ratings. The BBB- mark is the research firm's lowest in investment-grade territory. In July, the operator of...
William Hill Banks on Bettors in Purchase of Cosmopolitan, Venetian, Palazzo Sportsbooks From CG Technology
William Hill Plc (OTC:WIMHY), one of the world's largest sportsbook operators, added to its portfolio of retail sports wagering locations Wednesday. It's acquiring the books at the Cosmopolitan, Palazzo and Venetian on the Las Vegas Strip from CG Technology (CGT). The British...
Kitakyushu Becomes a Player in Japan Integrated Resort Field as Mayor Woos Hong Kong Operator
Kitakyushu, a city located on Kyushu Island in Southern Japan, hasn't frequently been mentioned as a potential destination for an integrated resort. But that could change if the city throws its hat in the ring. The city's interest in becoming home to...
No Dice: Mount Airy Mini Casino Plan Rejected by Pennsylvania Gaming Control Board
Mount Airy Casino Resort's plan to open a Category 4 “mini-casino” in Beaver County was rebuffed by the Pennsylvania Gaming Control Board (PGCB) Wednesday. Members of the PGCB said that the effort was turned back because Mount Airy couldn't procure adequate funding...
