5139 stories by Todd Shriber
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...
MGM Growth Properties Will Sell 24 Million Shares to Fund ‘Potential’ Deal With MGM Resorts
MGM Growth Properties LLC (NYSE:MGP) stock slid more than one percent during Tuesday's after-hours trading session after the company said it's selling 24 million shares. Some of the proceeds could be used to fund its role in a joint venture with majority...
Florida Anti-Gambling Leader Sowinski Moves Swiftly in Labeling New Sports Betting Legislation Unconstitutional
The sports wagering universe was abuzz Monday after a Florida state senator proposed three bills that could set the stage for sports betting to be legalized there. But an anti-gambling expansion critic is already saying those proposals violate the Sunshine State's constitution....
Las Vegas Sands, Wynn Resorts Expected to be Among Seven Bidders For Yokohama Integrated Resort License
Las Vegas Sands Corp. (LVS) and Wynn Resorts Ltd., two of the largest US gaming companies, are expected to be among the seven operators competing to bring an integrated resort to Yokohama. Officials in Japan's second-largest city recently said they have received...
