4982 stories by Todd Shriber
Wynn 2019 EBITDA Estimates Trimmed, Analyst Doesn’t See Macau Dice Bouncing Favorably For Shares
Wynn Resorts, Ltd. (NASDAQ:WYNN) relies on Macau for a massive percentage of its revenue, and that dependence can be problematic for the stock when gaming activity in the Chinese territory slows. August gross gaming revenue (GGR) figures for the Special Administrative Region...
Prop DD, Colorado Sports Betting Initiative, Garners Big Support From Thirsty Agriculture Community
Proposition DD, Colorado's effort to permit sports betting, will appear on ballots there this November, and the plan is already commanding support from the state's farmers and ranchers. However, proponents of sports wagering may not want to view Colorado's agriculture community throwing...
Greece Casino Effort Moves Forward After Government Inks Two Pivotal Approvals
The previously slow-moving effort to turn part of the abandoned Hellenikon International Airport near Athens into a casino is gaining momentum. The Greek government recently signed off on two approvals seen as pivotal to moving the nearly $9 billion project forward. Earlier...
Rhode Island Lottery to Yank 360 Lagging IGT Slot Machines From Twin River Casinos as Ocean State Spat Intensifies
The Rhode Island Lottery Commission is planning to pull 360 slot machines and video gaming devices manufactured by International Game Technology Plc (IGT) from the state's two casinos, operated by Twin River Worldwide Holdings, Inc. (TRWH), because of alleged slack performance. That...
MGM, Penn National, Red Rock Among Top Names For Regional Resurgence, Says Analyst
MGM Resorts International (NYSE:MGM), Penn National Gaming (NASDAQ:PENN), Red Rock Resorts, Inc. (NASDAQ: RRR), and shares of other regional gaming operators have recently struggled, but at least one analyst believes the group has been unjustly punished and sees opportunities for investors, as...
USC Has Clay Helton on a Tight Leash, Odds Are Also Short He’ll be The First College Coach Fired This Year
Clay Helton, head football coach at the University of Southern California (USC), was bound to enter the 2019 season on the hot seat after the Trojans stumbled to a 5-7 record last year. Oddsmakers are affirming as much, installing Helton at +550...
Twin River Tiverton Casino Will Rock Around The Clock, Gets Permission to Keep Gaming Going 24 Hours a Day
Twin River Worldwide Holdings, Inc. (TRWH) said its Tiverton Casino in the Rhode Island town of the same name has won permission from the municipality to remain open 24 hours per day. Tiverton, one of two Ocean State gaming properties managed by...
Churchill Downs Pulls Plug on Arlington Heights, Illinois Casino Idea Due to Punitive Tax Scheme
Churchill Downs Inc. didn't apply for a slot machine and table games license at the Arlington International Racecourse the company owns because of unfavorable tax treatment in Illinois. Following passage of the recently enacted Illinois Gaming Act, it was widely expected that...
NBC Sunday Night Football Broadcast Could Feature ‘Isolated’ Sports Betting References
NBC's Sunday Night Football broadcasts, one of the highest-rated programs in the US, could have references here and there to sports betting this year, as the activity is increasingly legalized across the country. Play-by-play man Al Michaels, long known for subtle references...
MGM Springfield First Year Struggles Baffle Former Head of Massachusetts Gaming Commission
MGM Springfield recently celebrated its first anniversary, but the integrated resort's year one performance in Massachusetts caught some market observers by surprise and doesn't feature much worth touting. As of July 31, MGM Springfield hauled in $252.82 million in gross gaming revenue...
