4982 stories by Todd Shriber
Louisiana Casinos July Revenue Battered on the Bayou by Barry
Gross gaming revenue (GGR) at Louisiana casinos and racinos got all wet in July, slumping nine percent, as Hurricane Barry prevented tourists from visiting New Orleans in the middle of the month and kept local gamblers at home. The state's 20 gaming...
TheScore Wins Approval to Enter Scorching Hot New Jersey Sports Betting Market
TheScore Inc., the Canadian provider of sports news and mobile wagering applications, said its Score Digital Sports Ventures unit landed initial approval to operate in New Jersey's booming sports betting market. That approval, granted by the New Jersey Division of Gaming Enforcement...
Encore Boston Harbor Notches $48.5 Million in July Revenue, More Than Double That of MGM Springfield
Encore Boston Harbor, the first Wynn Resorts US gaming property not located in Las Vegas, is off to a fast start. The Everett, Mass. casino, which opened on June 23, posted July gross gaming revenue (GGR) of $48.57 million, according to the...
Gaming and Leisure Properties May Sell as Much as $600M in Stock, Could be Used For Deals
Gaming and Leisure Properties, Inc. (NASDAQ:GLPI), the real estate investment trust (REIT) that owns more than 40 casinos across the US, said it could sell up to $600 million of its stock and that proceeds from those sales could be used to...
Isleta Casino Will Accept Bets on New Mexico Universities Starting This Football Season
The Isleta Resort & Casino in Albuquerque will allow bettors to wager on the University of New Mexico Lobos and the New Mexico State University (NMSU) Aggies when college football season kicks off in a couple of weeks. Earlier this week, Isleta,...
Andrew Luck Murky Injury Status Has Some Sportsbooks Pulling Colts Week 1 Game Against Chargers
Indianapolis Colts quarterback Andrew Luck is working through an ankle injury, and with the team non-committal about the Pro Bowler's status for the first week of the regular season, some sportsbooks are pulling the game against the Los Angeles Chargers from the...
Red Rock Resorts Shares Struggling, But Fund Manager Remains Bullish
Shares of Red Rock Resorts, Inc. (NASDAQ: RRR) are lower by nearly 37 percent over the past 12 months, one of the worst showings among domestic gaming stocks. But at least one mutual fund manager remains enthusiastic about the company. In a...
Twin River Feels Heat From Encore Boston Harbor, Plans 30 Layoffs at Rhode Island Casino
Twin River Worldwide Holdings, Inc. (NYSE:TRWH) is being crimped by the recent debut of Encore Boston Harbor, and that competitive threat is forcing the Rhode Island casino operator to reduce headcount. The operator of the two Ocean State gaming venues is looking...
Twin River Stock Spirals Lower, But Analysts Stick by it, Press For Buybacks
Twin River Worldwide Holdings, Inc. (NYSE:TRWH) stock has tumbled more than 38 percent from the highs seen in April soon after its initial public offering (IPO), and that selling pressure has recently intensified. That has resulted in a month-to-date loss of nearly...
Wynn Resorts Has Expensive Rooms, But Its Stock is Looking Cheap
Shares of Wynn Resorts, Ltd. (NASDAQ:WYNN) are lower by 20 percent this month. But one analyst sees the casino operator as significantly undervalued, even as geopolitical headwinds in the Asia-Pacific region weigh on the stock. That month-to-date loss of 20 percent is,...
