5134 stories by Todd Shriber
Casino Cash Trac Lands Investment From Serent Capital
Casino Cash Trac lands private equity investment Company makes business-to-business software used by gaming industry Casino Cash Trac, a maker of business-to-business (B2B) software for casino operators, said today it procured a minority investment from private equity firm Serent Capital. The amount...
Caesars Adds Two Directors with Ichan Ties
Caesars adds two directors from Icahn Enterprises Financier took new stake in gaming company almost a year ago Caesars Entertainment (NASDAQ: CZR) announced today it added two members to its board of directors, both of whom hail from Carl Icahn’s Icahn Enterprises....
Penn Value Outcomes Include Killing ESPN Bet, Selling theScore, Says Analyst
More talk of ESPN Bet’s potential death theScore could also be sold With the stock down 13% year to date, Penn Entertainment (NASDAQ: PENN) badly needs a jolt and avenues for restoring investor confidence. Those could come in the form of divestments...
Bally’s Wants Bronx Residents to Enjoy Economic Spoils of Casino
Casino operator offering stakes in planned gaming venue to locals Model is similar to what the company is attempting in Chicago Bally’s (NYSE: BALY.T) wants Bronx residents to economically participate in its proposed casino hotel in the New York borough. Assuming the...
Majority of Adults Oppose Betting on College Sports
Respondents approve of betting on pro sports, but not college athletics in their states Majority consider filling out a March Madness bracket as form of betting While a majority of American adults favor laws allowing wagering on professional sports, a comparable percentage...
MGM Taking Airline Approach to Boosting Earnings
Moves follows increased parking prices and resort fees Higher ATM fees, recycling furniture among initiatives In a bid to boost earnings and cut costs, MGM Resorts International (NYSE: MGM)is taking a page from the airline industry’s playbook, embracing higher fees and cost-cutting...
Penn Entertainment Stock Could Be Durable in Mild Recession
Penn Entertainment stock has been a laggard Thesis belies conventional view of gaming stocks in recessions In what may come as a surprise to some investors, Penn Entertainment (NASDAQ: PENN) could be among the more durable stocks should a mild recession come...
Bangkok, Phuket Among Cities for Initial Thailand Casinos
Capitol city, three others named as initial homes to Thai casinos Ministry of Finance still considering public comment on casino gaming With casino gaming legislation advancing in Thailand, the country has named Bangkok, Chon Buri, Chiang Mai, and Phuket as the initial...
Florida Likely Only State to Add iGaming Over Next Several Years
iGaming legislation continues faltering Florida could be only state to add it through 2027 The start of each new year brings optimism that more states will approve internet casinos, and 2025 was no exception. But less than three months into the year,...
Century Casinos Call Turns Testy as Investors Decry Stock Slide
Pair of shareholders infiltrated conference call, criticizing executives One investor demands CEO change and a focus on the US Century Casinos’ (NASDAQ: CNTY) fourth-quarter earnings conference call turned acrimonious when a pair of shareholders hopped on to bash management while pointing out...
