4982 stories by Todd Shriber
Genting Singapore Plans $3.2B Yen ($29.6M) Bond Issue to Fund Japan Casino
Genting Singapore informed the authorities at the island nation's stock exchange Monday that the company is looking to sell up to $3.24 billion in yen-denominated corporate debt. Proceeds could be used to fund the gaming firm's plans to build an integrated resort...
NBA Blocks Brooklyn Nets Player Spencer Dinwiddie Shot to Tokenize His Contract to High Level Investors
The NBA rejected a shot by Brooklyn Nets point guard Spencer Dinwiddie to “tokenize” his player's contract to investors, saying the proposal violates the league's collective bargaining agreement (CBA). Dinwiddie, 26, agreed to a three-year extension with the Nets last December valued...
Wynn Resorts Massage Therapist Brenna Schrader Files Class Action Suit Against Company, Steve Wynn, Alleging Mental Abuse
Brenna Schrader, a massage therapist at Wynn Las Vegas, filed a class action lawsuit this week against her employer and its former CEO Steve Wynn. The suit alleges that executives at the gaming company foster an environment of hostility and make it...
Encore Boston Harbor Pilfers Employees From MGM Springfield as Massachusetts Casino Rivalry Intensifies
Encore Boston Harbor has been open just over three months, but the Everett, Mass. casino is already squeezing New England rivals. For MGM Springfield, the first integrated resort in the Commonwealth, the Wynn property's grip is particularly tight because the new casino...
Eastern Shawnee Tribe Will Shutter Bordertown Casino, Fold Some Operations Into Other Oklahoma Properties
The Eastern Shawnee Tribe of Oklahoma is closing the Bordertown Casino in Wyandotte, Okla. and the future appears murky for the property. News of the closure represents the latest and perhaps final chapter in what has been a volatile history for Bordertown....
MGM Could Break Ground on Osaka Integrated Resort in 2021, Complete it by 2025, Say Analysts
MGM Resorts International could commence construction on an integrated resort in Osaka in 2021, according to MGM CFO Corey Sanders. The company told Bernstein analysts it can wrap up the project by 2025 if it wins wins one of Japan's three licenses....
Las Vegas Sands Gets Promoted to S&P 500, Becomes Third Gaming Company in Widely Followed Index
Shares of Las Vegas Sands Corp. (NYSE:LVS) surged more than four percent during Thursday's after-hours trading session on news the stock is being elevated to the S&P 500 Index, one of the world's most widely observed equity gauges. Before US markets open...
Century Casinos Lands Approval From West Virginia Lottery Regulator to Buy Mountaineer Property
Century Casinos (NASDAQ:CNTY) was granted approval from the West Virginia Lottery Commission to seal the previously announced acquisition of the Mountaineer Casino, Racetrack and Resort in New Cumberland, W. Va. Colorado-based Century is buying that venue as part of a deal revealed...
Genting Malaysia Could Operate Resorts World Las Vegas, Unlock Value From Other US Assets, Says Investment Bank
Genting Malaysia could be chosen to operate Resorts World Las Vegas when that venue opens on the northern end of the Strip next year, a move that could boost the gaming company's sagging share price, according to analysts. Genting Berhad, which runs...
Rhode Island Governor Raimondo Justifies Controversial $1B IGT Lottery Accord Before Lawmakers
Gov. Gina Raimondo (D-RI) went before Rhode Island lawmakers Tuesday to stand up for a 20-year, $1 billion contract she's pitching to have International Game Technology Plc continue managing the state's lottery. The agreement has consistently drawn scrutiny from politicians on both...
