5083 stories by Todd Shriber
Buckeyes Want a Ban on Betting on Ohio College Teams
With Ohio moving closer to approving sports wagering, the state's largest university is pressing lawmakers there to ban bets on college athletics. That includes no action on the Ohio State Buckeyes, a perennial college football power and the state's lone university in...
MGM Resorts Bellagio, Circus Circus Sales Have Positive Credit Implications, Says Moody’s
Last week, MGM Resorts International (NYSE:MGM) confirmed that it's selling the Bellagio to a real estate partnership controlled by Blackstone Group Inc. (NYSE:BX) for $4.25 billion, and the Circus Circus to Treasure Island owner Phil Ruffin for $825 million. MGM will garner...
Hard Rock Casino Proposed in Rockford, Illinois Folds Poker Hand
Assuming the Illinois Gaming Board (IGB) signs off on Hard Rock International's proposal to build a casino in Rockford, Ill., that venue will not include poker tables. Hard Rock, which was one of three companies bidding to bring a gaming property to...
Full House Resorts Goes All-in on Indiana Mobile Sports Wagering, Bets on Colorado Approval With Wynn Resorts
Full House Resorts, Inc. (NASDAQ:FLL), which runs five casinos in four states, is betting expansion of its sports wagering offerings and partnerships with Wynn Resorts Ltd. (NASDAQ: WYNN) will add fuel to a rally that has carried the gaming company's shares almost...
Pennsylvania Sports Betting Revenue More Than Doubles in September, Total Handle Swells 78 Percent
Sports betting revenue in Pennsylvania more than doubled to $14.92 million in September from $6.11 million in August, indicating the start of football season provided a better-than-expected benefit to sportsbook operators there. Last month's total handle in the Keystone State was $194.50...
Ex-Wynn Staffer Sues Company, CEO Maddox, Seeks Damages For Privacy Invasion
Jorgen Nielsen, the former Wynn Las Vegas hairstylist turned whistleblower, is suing the gaming company, CEO Matt Maddox, and two other high-level ex-employees, alleging they invaded his privacy. According to documents obtained by Casino.org, Nielsen, in a complaint filed in the Eighth...
Mohegan Gaming Cements Hokkaido Commitment, Opens Inspire Integrated Resort Office in Japanese Prefecture
Mohegan Gaming and Entertainment (MGE) is confirming its status as a player in the competition to land a gaming license in Japan, announcing the recent opening of an office in the city of Tomakomai in the Hokkaido prefecture. Many of the major...
Penn National Gaming Stock Has Healthy Fundamentals, Tropicana Las Vegas Sale Possible, Says Analyst
Shares of Penn National Gaming, Inc. (NASDAQ:PENN) are off more than 30 percent over the past year, good for one of the worst performances among regional operators. But at least one Wall Street analyst is enthusiastic about the stock, noting management could...
NBC Sports Exec Sees Betting Advertisements Having ‘Material’ Impact For Some Regional Networks
NBC Sports, a unit of cable giant Comcast Corp. (NASDAQ:CMCSA), is accruing some benefit to its regional networks thanks to various betting-related initiatives, including its predictive gaming platform and increased advertising dollars in select markets. Last year’s Supreme Court ruling on the...
Google More Than Doubles Amount of States Where it Permits Sports Betting Advertisements
Google, the largest provider of internet search services, is keeping pace with the rapidly growing sports wagering landscape, increasing the number of states where it allows companies to run advertisements targeted at sports bettors. The company launched a “beta” test in June...
