5082 stories by Todd Shriber
Maverick Continues Shopping Spree, Scoops up Three Colorado Casinos in Deal With CC Gaming
Maverick Gaming LLC, a closely held regional company, is continuing its recent slew of purchases by acquiring CC Gaming LLC, Colorado's largest operator of smaller, local casinos. As part of the deal, Maverick will get CC's gaming and non-gaming assets, including three...
Twin River Revenues Down, Casinos Continue Feeling Pressure From Encore Boston Harbor
Twin River Worldwide Holdings, Inc. (NYSE:TRWH), is grappling with the same competitive pressures as MGM Springfield and Connecticut's two tribal gaming properties: Encore Boston Harbor is stealing customers, and that's adversely affecting revenue at New England's older casinos. TRWH, the operator of...
Philadelphia 76ers, Parx Casino Announce Deal That Could Really Add up For Online Bettors
The National Basketball Assn's Philadelphia 76ers and the Parx Casino, located just north of the City of Brotherly Love, announced a deal Tuesday aimed at driving engagement among users of the gaming company's online and mobile betting platforms. Under the terms of...
Paragon Gaming Chairwoman Bennett Expects Lake Tahoe Sales Following Eldorado Resorts Caesars Takeover
Eldorado Resorts is unlikely to keep three gaming properties in the Lake Tahoe, Nevada region after the company wraps up its $17.3 billion takeover of Caesars Entertainment. That's the view of Paragon Gaming chairwoman Diana Bennett, whose company is one of the...
Hard Rock Beats Two Rivals For Rockford Mayor Endorsement in Quest to Launch Casino in Illinois City
Hard Rock International, which is competing with two other firms to open an integrated resort in Rockford, Ill., won a prized endorsement Monday from Mayor Tom McNamara (D) and city staff. Last month, Hard Rock, which operates 11 casinos, unveiled a bid...
Eldorado Resorts Getting a Sweet Tax Break For Housing Nevada-Reno Students at Circus Circus
Eldorado Resorts, the operator of the Circus Circus in Reno, is cruising toward a tax break for housing 1,300 University of Nevada-Reno (UNR) students at the property after a July explosion on the campus left two dormitories uninhabitable. The blast was caused...
Genting Singapore Plans $3.2B Yen ($29.6M) Bond Issue to Fund Japan Casino
Genting Singapore informed the authorities at the island nation's stock exchange Monday that the company is looking to sell up to $3.24 billion in yen-denominated corporate debt. Proceeds could be used to fund the gaming firm's plans to build an integrated resort...
NBA Blocks Brooklyn Nets Player Spencer Dinwiddie Shot to Tokenize His Contract to High Level Investors
The NBA rejected a shot by Brooklyn Nets point guard Spencer Dinwiddie to “tokenize” his player's contract to investors, saying the proposal violates the league's collective bargaining agreement (CBA). Dinwiddie, 26, agreed to a three-year extension with the Nets last December valued...
Wynn Resorts Massage Therapist Brenna Schrader Files Class Action Suit Against Company, Steve Wynn, Alleging Mental Abuse
Brenna Schrader, a massage therapist at Wynn Las Vegas, filed a class action lawsuit this week against her employer and its former CEO Steve Wynn. The suit alleges that executives at the gaming company foster an environment of hostility and make it...
Encore Boston Harbor Pilfers Employees From MGM Springfield as Massachusetts Casino Rivalry Intensifies
Encore Boston Harbor has been open just over three months, but the Everett, Mass. casino is already squeezing New England rivals. For MGM Springfield, the first integrated resort in the Commonwealth, the Wynn property's grip is particularly tight because the new casino...
