5083 stories by Todd Shriber
Monarch Casino Could be a Royal Play Among Gaming Stocks Thanks to Balance Sheet, Says Analyst
Shares of regional gaming operator Monarch Casino & Resort (NASDAQ:MCRI) are up about 13.60 percent year-to-date. But the stock resides 11 percent below its 52-week high due, in part, to construction snafus at its Black Hawk, Colo. property. Macquarie analyst Chad Beynon...
Medvedev Approves Gambling Zone in Occupied Crimea in Effort to Boost Tourism
Russian Prime Minister Dmitry Medvedev has authorized the creation of a new gambling area in occupied Crimea, a region annexed by Russian during a military conflict with neighboring Ukraine in February and March 2014. Medvedev approved the creation of a casino gaming...
State Senator, Water Expert Sonnenberg Opposes Colorado Proposition DD Sports Betting Plan
Just days before voters in Colorado head to the polls to decide the fate of Proposition DD, a ballot initiative that, if approved, would permit sports betting there, State Senator Jerry Sonnenberg is voicing opposition to the plan. It may appear that...
Osaka Accelerates Land Transfer Time Frame, Hopes to Have Integrated Resort Opened by 2025
Adding to its recent burst of activity related to its effort to become home to an integrated resort, Osaka is altering the timing of a land transfer, pushing that timeline up six months in hopes of having a gaming venue operational by...
Vici Properties Shells Out $843.3 Million For Jack Cleveland, Thistledown Racino, JACK Entertainment Will Lease Back Properties
JACK Entertainment is monetizing a pair of Cleveland assets, announcing that it will sell the Jack Cleveland Casino and the Jack Thistledown Racino to Vici Properties (NYSE:VICI) for $843.3 million in cash. Privately held JACK Entertainment, which is controlled by billionaire Cleveland...
Asian American Entertainment $12 Billion Macau Suit Against Las Vegas Sands Delayed Until September 2020
A trial for a $12 billion lawsuit brought against Las Vegas Sands (LVS) in Macau earlier this year by Marshall Hao's Asian American Entertainment Corp. (AAEC) has been delayed until September 16, 2020. The proceedings were originally slated to start last month....
Osaka Banks on Boats to Bring Gamblers, Assuming It’s Awarded An Integrated Resort
Looking to allay concerns that a prospective integrated resort will be located far from other major points of interest, officials in Osaka on Friday announced plans to build a new port to enhance access to a gaming venue. The Japanese city, viewed...
Hard Rock Illinois Casino Project Lure Investments From Scores of Rockford Luminaries
Hard Rock International's effort to bring a casino and live entertainment venue to Rockford, Ill. is drawing investments from some pillars of the community. The list was kept confidential until a local newspaper pushed for its release. One of the largest backers...
Star Entertainment Group Wants Some Quid Pro Quo With Australia Expansion Plans
Star Entertainment Group is pledging to spend $68.31 million to renovate the Gold Coast Convention and Exhibition Centre and the Sheraton Grand Mirage resort along Australia's Gold Coast. But there's a catch: the company wants politicians there to grant it a monopoly...
Las Vegas Sands Earnings Weren’t Great, But Analyst Says Stay For The Dividend, Company Best-Positioned in Industry
Las Vegas Sands Corp.'s (NYSE:LVS) third-quarter results, which were released Wednesday, weren't great. Earnings of 69 cents a share on revenue of $3.25 billion missed Wall Street estimates of 75 cents a share on turnover of $3.30 billion. But analysts remain mostly...
