Areas of Expertise
5082 stories by Todd Shriber
Red Rock Resorts Warrants Cautious Approach Among Regional Gaming Stocks, Says Analyst
Shares of Red Rock Resorts, Inc. (NASDAQ:RRR) are up just six percent year-to-date, putting the operator of the Palms and Station Casinos well behind other regional gaming stocks. The Las Vegas-based company recently reported third-quarter results that missed Wall Street estimates. Some...
LVS Exec Tanasijevich Draws Inspiration From Marina Bay Sands in Japan Integrated Resort Quest
Las Vegas Sands (LVS) managing director of global development George Tanasijevich wants his company to build an integrated resort in Yokohama that becomes an emblematic part of the city's scenery and a major driver of the local economy. He would be taking...
MGM China Booted From Major Hong Kong Equity Benchmark by Index Provider MSCI
MGM China Holdings Ltd., the operator of two Macau casinos, is being removed from the MSCI Hong Kong Index by the benchmark's issuer. MSCI, one of the world's largest providers of indexes used by issuers of index and mutual funds, made the...
New Jersey Gamblers Can Now be Electrified by Esports Wagering as State Joins Video Game Tournament Betting Fray
The New Jersey Division of Gaming Enforcement (DGE) on Thursday cleared the way for the state's sportsbook operators to begin taking wagers on esports competitions. It is the latest sign that traditional gaming companies are looking to tap into the new, fast-growing...
Renee Palleggi Says Elaine Wynn Manufactured Allegations Against Ex-Husband, Forcing Him Out of Gaming Company
In a motion to dismiss an invasion of privacy lawsuit brought by former employee Jorgen Nielsen, Wynn Resorts on Friday filed documents with the Clark County District Court containing testimony from Renee Palleggi alleging that Steve Wynn's ex-wife, Elaine, orchestrated the effort...
Wynn Resorts CEO Maddox Has ‘Vigor’ For Japan Integrated Resort, But is Cost Conscious
Wynn Resorts, Ltd. (NASDAQ:WYNN) is among the global gaming companies pursuing a license to build an integrated resort in Japan. The operator of its namesake venue and the Encore on the Las Vegas Strip is also joining some rivals in becoming increasingly...
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...