4907 stories by Todd Shriber
Penn National Shares Surge, Company Reveals Plans For Indiana Sportsbook Just 23 Miles From Chicago
Shares of Penn National Gaming, Inc. (NASDAQ:PENN) are up nearly five percent in late trading Monday after the company said that its Ameristar Casino East Chicago property in Indiana will begin taking sports bets on Sept. 1. Investors' enthusiasm for Penn National...
Pennsylvania Sports Handle Expected to Get Big Seasonal Boost as Football Season Kicks Off
Pennsylvania's already growing sports betting handle should get a significant jolt when the calendar turns to September, potentially soaring to $125 million as the NFL season gets going. The Keystone State's handle, the total amount wagered on sports, jumped to $59.3 million...
JPMorgan Sees Muted Macau Impact From Hong Kong Protests, Markets Say Otherwise
Intensifying protests in Hong Kong that now span multiple months and last week forced the closure of the international airport are one reason shares of gaming companies with Macau exposure recently tumbled. But JPMorgan forecasts only a modest impact on gross gaming...
Genting, Hard Rock, Mohegan Gaming Emerge as Final Competitors Casino at Abandoned Greece Airport
Plans to turn the former site of the Hellenikon International Airport near the Greek capital of Athens into a casino are crystallizing. Three contenders are emerging ahead of the Sept. 30 deadline for the Greek government to render a decision on the...
Brazilian President Bolsonaro Opens Door For Casinos, Wants States to Impose Regulations
Brazilian President Jair Bolsonaro was viewed as an opponent of casino gaming when he was elected in late 2018. He held conservative views that many believed would stymie efforts to bring integrated resorts and online wagering to the country. Bolsonaro's stance on...
Louisiana Casinos July Revenue Battered on the Bayou by Barry
Gross gaming revenue (GGR) at Louisiana casinos and racinos got all wet in July, slumping nine percent, as Hurricane Barry prevented tourists from visiting New Orleans in the middle of the month and kept local gamblers at home. The state's 20 gaming...
TheScore Wins Approval to Enter Scorching Hot New Jersey Sports Betting Market
TheScore Inc., the Canadian provider of sports news and mobile wagering applications, said its Score Digital Sports Ventures unit landed initial approval to operate in New Jersey's booming sports betting market. That approval, granted by the New Jersey Division of Gaming Enforcement...
Encore Boston Harbor Notches $48.5 Million in July Revenue, More Than Double That of MGM Springfield
Encore Boston Harbor, the first Wynn Resorts US gaming property not located in Las Vegas, is off to a fast start. The Everett, Mass. casino, which opened on June 23, posted July gross gaming revenue (GGR) of $48.57 million, according to the...
Gaming and Leisure Properties May Sell as Much as $600M in Stock, Could be Used For Deals
Gaming and Leisure Properties, Inc. (NASDAQ:GLPI), the real estate investment trust (REIT) that owns more than 40 casinos across the US, said it could sell up to $600 million of its stock and that proceeds from those sales could be used to...
Isleta Casino Will Accept Bets on New Mexico Universities Starting This Football Season
The Isleta Resort & Casino in Albuquerque will allow bettors to wager on the University of New Mexico Lobos and the New Mexico State University (NMSU) Aggies when college football season kicks off in a couple of weeks. Earlier this week, Isleta,...
