5039 stories by Todd Shriber
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,...
NBA Possible Tweak to Lineup Submission Protocol Could be an Assist For Bettors, DFS Players
The National Basketball Assn. (NBA) is reportedly considering altering the guidelines for when teams must submit starting lineups, a move that could be helpful to daily fantasy sports (DFS) players and bettors. Reports suggest the Association is mulling adjustments that could see...
Twin River Second-Quarter Results Likely Uplifted by Dover Downs
Twin River Worldwide Holdings, Inc. (NYSE:TRWH) is still putting the finishing touches on its second-quarter earnings report, expected to be released later this week, and it looks like the recently completed acquisition of Dover Downs Gaming and Entertainment is already paying dividends....
Crown Resorts Public Relations Mess Could Turn Into Credit Ratings Nightmare
Crown Resorts, the Australian casino operator mired in controversy because of alleged ties to junket runners with connections to organized crime, faces another potential problem: mounting investigations into the company's business practices could prompt downgrades of its corporate credit rating. Last week,...
Las Vegas Sands, Wynn, MGM Prized Macau Licenses Likely to be Renewed, Says Ratings Agency
Las Vegas Sands and rival US companies operating casinos in Macau will likely have their gaming licenses there approved again in 2022, the time when local authorities are expected to deal with the matter, according to Moody's Investors Service. Renewal of those...
Los Angeles Rams Unveil Pick ‘Em Mobile App, Could be Predictive Gaming Precursor
The Los Angles Rams, one of two National Football League franchises in the second-largest US city, said Friday the team launched a free mobile game called “Rams Pick 'Em” that tests fans' knowledge of players and football situations over the course of...
Full House Resorts Hopes Sports Betting, Illinois Plans Come up Aces For Sagging Stock Price
Full House Resorts, Inc. (NASDAQ:FLL), the operator of five casinos in Colorado, Indiana, Mississippi and Nevada, is hoping a push into sports betting and plans to expand in Illinois could be positive catalysts for its stock, which has tumbled more than 42...
