5082 stories by Todd Shriber
Eastern Shawnee Tribe Will Shutter Bordertown Casino, Fold Some Operations Into Other Oklahoma Properties
The Eastern Shawnee Tribe of Oklahoma is closing the Bordertown Casino in Wyandotte, Okla. and the future appears murky for the property. News of the closure represents the latest and perhaps final chapter in what has been a volatile history for Bordertown....
MGM Could Break Ground on Osaka Integrated Resort in 2021, Complete it by 2025, Say Analysts
MGM Resorts International could commence construction on an integrated resort in Osaka in 2021, according to MGM CFO Corey Sanders. The company told Bernstein analysts it can wrap up the project by 2025 if it wins wins one of Japan's three licenses....
Las Vegas Sands Gets Promoted to S&P 500, Becomes Third Gaming Company in Widely Followed Index
Shares of Las Vegas Sands Corp. (NYSE:LVS) surged more than four percent during Thursday's after-hours trading session on news the stock is being elevated to the S&P 500 Index, one of the world's most widely observed equity gauges. Before US markets open...
Century Casinos Lands Approval From West Virginia Lottery Regulator to Buy Mountaineer Property
Century Casinos (NASDAQ:CNTY) was granted approval from the West Virginia Lottery Commission to seal the previously announced acquisition of the Mountaineer Casino, Racetrack and Resort in New Cumberland, W. Va. Colorado-based Century is buying that venue as part of a deal revealed...
Genting Malaysia Could Operate Resorts World Las Vegas, Unlock Value From Other US Assets, Says Investment Bank
Genting Malaysia could be chosen to operate Resorts World Las Vegas when that venue opens on the northern end of the Strip next year, a move that could boost the gaming company's sagging share price, according to analysts. Genting Berhad, which runs...
Rhode Island Governor Raimondo Justifies Controversial $1B IGT Lottery Accord Before Lawmakers
Gov. Gina Raimondo (D-RI) went before Rhode Island lawmakers Tuesday to stand up for a 20-year, $1 billion contract she's pitching to have International Game Technology Plc continue managing the state's lottery. The agreement has consistently drawn scrutiny from politicians on both...
Norfolk, Virginia City Council Signs Off on Pamunkey Indian Tribe $700 Million Casino Resort Plan
By a vote of seven to one, the Norfolk, Va. city council on Tuesday approved a plan by the Pamunkey Indian Tribe to build a $700 million integrated resort on that city's waterfront. Earlier this month, the tribe reached an agreement with...
Hong Kong Uprising Could Actually Help, Not Hinder Macau, Analysts Say
The continuing pro-democracy uprising in Hong Kong, also known as the Anti-Extradition Law Amendment Bill Movement, could potentially drive more visitors to Macau, not deter them from visiting the gambling center, according to Bernstein analysts. The protests, which have stretched into a...
Wynn Resorts Rallies on Goldman Sachs Upgrade, Bank Says Investors Are Too Pessimistic
Wynn Resorts, Ltd. (NASDAQ:WYNN) stock rallied Tuesday, rising by more than two percent after Goldman Sachs analyst Stephen Grambling raised his rating on the casino operator. Grambling said investors have gotten too downbeat on the stock amid weakness in Macau. Entering Tuesday,...
Billionaire Financier Ron Perelman Boosts Stake in Scientific Games, Sparks Massive Rally in Stock
Scientific Games Corp. (NASDAQ:SGMS) chairman Ron Perelman, the corporate raider with stakes in over a dozen private and public companies, boosted his position last week in the maker of gaming devices , bringing his ownership of the company to 39 percent. Early...
