Areas of Expertise
4982 stories by Todd Shriber
Wilton Rancheria Tribe Scores Big Legal Victory in Elk Grove, California Casino Effort
California's Wilton Rancheria Tribe has landed an important legal victory in its effort to build a casino in Elk Grove, Calif. US District Court Trevor McFadden earlier this week threw out a motion opposing the project brought by Stand Up For California....
Rhode Island Republicans Demand Independent Look at Twin River, IGT Lottery Proposals
Rhode Island Republicans are calling for an independent review of lottery proposals submitted by International Game Technology Plc (IGT) and Twin River Worldwide Holdings, Inc. (TRWH), adding another chapter to the recent friction between the two gaming companies. In part, the request...
Mohegan Gaming Reveals Plan For Greece Integrated Resort at Hellenikon International Airport Site
Mohegan Gaming and Entertainment (MGE), the casino operating unit of Connecticut's Mohegan tribe, on Tuesday officially unveiled its plans for an integrated resort at the site of the Hellenikon International Airport near Athens. The company, which currently operates seven gaming properties, including...
Larry Flynt Scores With Ninth Circuit Court in Bid to Expand Gambling Business Outside California
Larry Flynt notched a legal win Monday in his effort to expand his gambling business outside California, when a Ninth Circuit of Appeals panel ruled he can challenge a Golden State law restricting owners of gaming properties there from investing in casinos...
Points For Pills Caper Unearthed at South Dakota Grand River Casino
In August, Candace Crow Ghost, the former marketing director at the Grand River Casino, a tribal gaming venue in South Dakota, admitted to bilking her employer out of $5,000. But the story doesn't end there. Fresh documents filed in US District Court...
Flutter Entertainment $12.2 Billion Takeover Offer is Credit Positive For The Stars Group, Says Moody’s
Last week, Flutter Entertainment Plc revealed a $12.2 billion, all-stock offer for rival The Stars Group. It's a deal that, if consummated, would create a global online gaming behemoth. Moody's Investors Service said the proposal is credit positive for the target company....
Wynn Macau EBITDA Estimates Get a Haircut With Analysts Citing Slack VIP Hold
Sluggishness among VIP gamblers and slack high-end turnover in Macau are expected to pressure results at Wynn Resorts, Ltd.'s (NASDAQ:WYNN) China business, according to a note out Monday from Bernstein analysts. The analysts slashed their 2019 earnings before interest, taxes, depreciation and...
Twin River Quietly Bought Back Stock, Analyst Sees ‘Strong Message’ Sent to Investors, Raises Price Target to $30
Amid increasing competition in New England, shares of Twin River Worldwide Holdings, Inc. (NYSE:TRWH) have shed nearly a third of their value since early July. But management has used that decline to buy back stock. Based on the company's recently announced quarterly...
Hard Rock, Mohegan Gaming Are Two Final Participants in Greece Casino Competition
The Hellenic Gaming Commission's (HGC) deadline for gaming companies interested in bidding for a new gaming license in Greece has passed, with Hard Rock International and Mohegan Gaming and Entertainment emerging as the two competitors to build a casino at the site...
Redding Rancheria Tribe Dealt Bad Hand in Plan to Move Northern California Win-River Casino
The Redding Rancheria Tribe's plan to move the Win-River Casino, currently located in Redding, Calif., suffered a setback earlier this week when the Shasta County Board of Supervisors unanimously voted to not approve a change of venue for the tribal gaming property....