5083 stories by Todd Shriber
Maverick Gaming Whips up Some Magic With Washington Wizards Casino Buy, Plots More Evergreen State Deals
Maverick Gaming LLC, a privately held, Nevada-based regional gaming operator, is buying Wizards Casino in Burien, Washington. It is forecasting more deals there, as the company makes a push to bring sports wagering to the Evergreen State. Pending Washington State Gambling Commission...
Hard Rock International Drums up $1.1 Billion Offer For Greece Casino Project as Bidding Heats Up
Hard Rock International, one of three remaining contenders to put a casino at the old Hellenikon International Airport near Athens, is willing to pony up $1.1 billion to move forward on its effort to put a gaming property near the Greek capital....
Hooters Casino Las Vegas Nears Last Hurrah as India Hotel Chain OYO Pledges New Look, Brand Name
Hooters Casino Hotel Last Vegas, the gaming venue fashioned after the sports bar chain known for its scantily clad waitresses, is in its last days, as an Indian buyer is promising to re-brand the Sin City property by the end of this...
MGM Remains All In on Osaka as Rivals Consider Other Japanese Cities For Integrated Resorts
MGM Resorts International is reiterating its commitment to Osaka in its effort to land a prized Japanese gaming license even as at least one of its rivals shifts its focus other metropolitan areas in the Land of the Rising Sun. The company...
MGM Resorts, King of Las Vegas Strip, Makes First Non-Gaming Investment, Buys 50 Percent Stake in Boutique Hotelier
MGM Resorts International, one of the largest operators on the Las Vegas Strip, is diversifying its resort holdings with a 50 percent acquisition of boutique hotel operator Sydell Group, a deal that represents the casino giant's first non-gaming interest. MGM didn't disclose...
Steve Wynn’s Latest Gamble: $43 Million Palm Beach Mansion
Steve Wynn no longer has direct ties to the gaming company bearing his surname. But that isn't stopping the controversial former casino executive from taking other gambles, including high-end Florida real estate. The former CEO of Wynn Resorts recently scooped up a...
Las Vegas Sands CEO Sheldon Adelson, Wife Miriam Donate $213,000 to Republican Senate Election Committee in July
Las Vegas Sands chairman and CEO Sheldon Adelson and his wife, Miriam, continued their support of the GOP last month, donating a combined $213,000 to the National Republican Senate Committee (NRSC), the fundraising arm for Senate Republicans. The Adelsons each donated $106,500...
Apple Applies Hollywood-esque NC-17 Rating to Gambling Apps, Even Ones Where Real Money Isn’t at Stake
Apple is mandating that developers of mobile applications downloaded via the company's App Store rate even simulated gambling apps as appropriate only for users 17-years-old and up. In an email to app developers on Tuesday, Apple said games deemed “frequent” or “intense...
Casino Industry Consolidation Likely Spurs More Sale-Leaseback Deals, Say Real Estate Experts
As consolidation picks up in the casino gaming industry, commercial real estate analysts believe so will the level of sale-leaseback transactions. Sale-leaseback deals, or SLBs, are commonplace in the industry and often viewed as win-wins for casino operators and real estate companies....
Las Vegas Sands Stock Hit With Downgrade, Analyst Trims Earnings Estimates, Citing Macau Slump
Las Vegas Sands Corp. (NYSE:LVS) stock is lower by more than 14 percent just this month amid concerns business is slowing in Macau, and one analyst is growing leery of the near-term outlook for the casino operator. In a note out Tuesday,...
