Areas of Expertise
5083 stories by Todd Shriber
Rhode Island Lottery to Yank 360 Lagging IGT Slot Machines From Twin River Casinos as Ocean State Spat Intensifies
The Rhode Island Lottery Commission is planning to pull 360 slot machines and video gaming devices manufactured by International Game Technology Plc (IGT) from the state's two casinos, operated by Twin River Worldwide Holdings, Inc. (TRWH), because of alleged slack performance. That...
MGM, Penn National, Red Rock Among Top Names For Regional Resurgence, Says Analyst
MGM Resorts International (NYSE:MGM), Penn National Gaming (NASDAQ:PENN), Red Rock Resorts, Inc. (NASDAQ: RRR), and shares of other regional gaming operators have recently struggled, but at least one analyst believes the group has been unjustly punished and sees opportunities for investors, as...
USC Has Clay Helton on a Tight Leash, Odds Are Also Short He’ll be The First College Coach Fired This Year
Clay Helton, head football coach at the University of Southern California (USC), was bound to enter the 2019 season on the hot seat after the Trojans stumbled to a 5-7 record last year. Oddsmakers are affirming as much, installing Helton at +550...
Twin River Tiverton Casino Will Rock Around The Clock, Gets Permission to Keep Gaming Going 24 Hours a Day
Twin River Worldwide Holdings, Inc. (TRWH) said its Tiverton Casino in the Rhode Island town of the same name has won permission from the municipality to remain open 24 hours per day. Tiverton, one of two Ocean State gaming properties managed by...
Churchill Downs Pulls Plug on Arlington Heights, Illinois Casino Idea Due to Punitive Tax Scheme
Churchill Downs Inc. didn't apply for a slot machine and table games license at the Arlington International Racecourse the company owns because of unfavorable tax treatment in Illinois. Following passage of the recently enacted Illinois Gaming Act, it was widely expected that...
NBC Sunday Night Football Broadcast Could Feature ‘Isolated’ Sports Betting References
NBC's Sunday Night Football broadcasts, one of the highest-rated programs in the US, could have references here and there to sports betting this year, as the activity is increasingly legalized across the country. Play-by-play man Al Michaels, long known for subtle references...
MGM Springfield First Year Struggles Baffle Former Head of Massachusetts Gaming Commission
MGM Springfield recently celebrated its first anniversary, but the integrated resort's year one performance in Massachusetts caught some market observers by surprise and doesn't feature much worth touting. As of July 31, MGM Springfield hauled in $252.82 million in gross gaming revenue...
Vici Properties Rallies on Morgan Stanley Upgrade, Analyst Weighs in on ‘Competitive Positioning’
Shares of Vici Properties (NYSE:VICI) were higher by nearly three percent at this writing, good for the best showing among hotel and leisure real estate investment trusts (REITs) listed in New York, after Morgan Stanley analyst Thomas Allen upgraded the stock to...
Macau August Gaming Revenue Dinged by Suncity Controversy, Devalued Yuan
Through the first 25 days of August, gross gaming revenue (GGR) in Macau slumped four percent on a year-over-year basis. But with just six days left in the month, turnover in the world's richest casino center will likely top June and July...
No Luck For Colts Backers as Pro Bowl QB Stunningly Retires, Team Super Bowl Odds, Win Total Plunge
Indianapolis Colts quarterback Andrew Luck stunned the football universe Saturday, announcing his retirement from the NFL at just 29 years old, news that sent shock waves throughout the sports betting world. Luck, the NFL's 2018 Comeback Player of the Year and a...