5082 stories by Todd Shriber
Points For Pills Caper Unearthed at South Dakota Grand River Casino
In August, Candace Crow Ghost, the former marketing director at the Grand River Casino, a tribal gaming venue in South Dakota, admitted to bilking her employer out of $5,000. But the story doesn't end there. Fresh documents filed in US District Court...
Flutter Entertainment $12.2 Billion Takeover Offer is Credit Positive For The Stars Group, Says Moody’s
Last week, Flutter Entertainment Plc revealed a $12.2 billion, all-stock offer for rival The Stars Group. It's a deal that, if consummated, would create a global online gaming behemoth. Moody's Investors Service said the proposal is credit positive for the target company....
Wynn Macau EBITDA Estimates Get a Haircut With Analysts Citing Slack VIP Hold
Sluggishness among VIP gamblers and slack high-end turnover in Macau are expected to pressure results at Wynn Resorts, Ltd.'s (NASDAQ:WYNN) China business, according to a note out Monday from Bernstein analysts. The analysts slashed their 2019 earnings before interest, taxes, depreciation and...
Twin River Quietly Bought Back Stock, Analyst Sees ‘Strong Message’ Sent to Investors, Raises Price Target to $30
Amid increasing competition in New England, shares of Twin River Worldwide Holdings, Inc. (NYSE:TRWH) have shed nearly a third of their value since early July. But management has used that decline to buy back stock. Based on the company's recently announced quarterly...
Hard Rock, Mohegan Gaming Are Two Final Participants in Greece Casino Competition
The Hellenic Gaming Commission's (HGC) deadline for gaming companies interested in bidding for a new gaming license in Greece has passed, with Hard Rock International and Mohegan Gaming and Entertainment emerging as the two competitors to build a casino at the site...
Redding Rancheria Tribe Dealt Bad Hand in Plan to Move Northern California Win-River Casino
The Redding Rancheria Tribe's plan to move the Win-River Casino, currently located in Redding, Calif., suffered a setback earlier this week when the Shasta County Board of Supervisors unanimously voted to not approve a change of venue for the tribal gaming property....
Budtender Awards at Mandalay Bay Brings Another Test For Casino Anti-Cannabis Stance
Recreational cannabis is legal in Nevada, but casinos on the Las Vegas Strip don't embrace that policy. That potentially presents some issues when the Budtender Awards are held at MGM Resort International's Mandalay Bay on Oct. 11 and 12. Leading up to...
Las Vegas Sands, Wynn Shares Languish on Gloomy Macau VIP Outlook
In late trading Thursday, the S&P 500 was in the green after two rough days to start October. But shares of Las Vegas Sands (NYSE:LVS) and Wynn Resorts Ltd. (NASDAQ:WYNN) were slumping. A Wall Street Journal article out this morning highlighting an...
Chicago Alderman Beale Claims to Have South Side Casino Location, Interest From Two Gaming Companies
Alderman Anthony Beale, who represents Chicago's ninth ward, says he has a location on the South Side that would be ideal for a casino, and is urging Mayor Lori Lightfoot (D) to alter the process the city is using to make a...
William Hill Scores NBA Deal, Will Become Premier Sports Betting Provider to The Association
William Hill, one of the world's largest sportsbook operators, said Wednesday it's joining forces with the NBA, becoming a “Proud Partner” of the league and the association's authorized sports betting provider. Through the deal, William Hill will gain access to NBA data,...
