5083 stories by Todd Shriber
Wynn Resorts Q2 Revenue Beats Wall Street Forecasts, Macau Sales Nudge Higher
Wynn Resorts Ltd. (NASDAQ:WYNN) said its second-quarter earnings based on generally accepted accounting principles (GAAP) checked in at 88 cents a share, badly missing analysts' estimate of $1.26. But turnover at the company's Macau properties inched higher. On a non-GAAP basis, the...
Washington Redskins First NFL Team to Offer Live Predictive Gaming During Telecasts
The Washington Redskins will offer in-game predictive gaming during television broadcasts of the team's four preseason contests, becoming the first NFL franchise to do so. Dubbed “Predict The Game,” the offering will be free to play for viewers and participants can win...
Caesars, Genting Losing Interest in Greece Casino with Hard Rock, Mohegan Gaming in the Drivers Seat
Caesars Entertainment Corp. and Genting Malaysia are losing interest in a casino project at the Hellinikon International Airport in Athens as bureaucratic postponements continue delaying the effort to bring a gaming property to the site of the airport that closed in 2001....
Caesars Q2 Revenue Climbs As Sports Betting, Strip Food And Beverage Offset Weak Vegas Table Volumes
Caesars Entertainment Corp. (NASDAQ: CZR) said its second-quarter revenue rose almost five percent to $2.22 billion, beating Wall Street's forecast by $10 million, on the back of expanded sports betting offerings at its regional properties and strong hotel and food and beverage...
Philadelphia 76ers Star Ben Simmons Denied Entry at Crown Casino in His Native Australia
Philadelphia 76ers All-Star Ben Simmons said he was not allowed to enter the Crown Casino in Melbourne, Australia, claiming that he and several friends were denied admittance to the property because of their race. Simmons, who was born in Melbourne, and three...
Ladbrokes Coral Social Responsibility Failings Could Harm Credit Rating for GVC Holdings
GVC Holdings Plc, the owner of bookmaker Ladbrokes Coral, could face credit rating issues if the company doesn't take adequate steps to prevent money laundering and protect gamblers vulnerable to addiction. In late July, the UK Gambling Commission hit GVC with a...
Apple Card Users Won’t Be Able to Buy Casino Chips, Bet The Ponies or Buy Bitcoin
Apple Inc.'s highly anticipated credit card, expected to be launched later this month, will not be usable at casinos to buy chips or at racetracks to make bets. Goldman Sachs, the issuing bank of the Apple Card, released its cardholder agreement Friday,...
Scientific Games Working to Reduce Debt, But “Seeing is Believing,” Says Analyst
Scientific Games Corp. (NASDAQ: SGMS), the maker of slot machines, video lottery terminals (VLTs) and other gaming equipment, reduced its debt burden by $155 million in the second quarter. But the company still carries about $8.65 billion in liabilities, prompting one analyst...
Penn National Gaming Stock Lands Analyst Upgrade, Major Upward Price Target Revision
Penn National Gaming, Inc. (NASDAQ:PENN) scored an upgrade from a widely followed casino industry analyst on Friday. Union Gaming analyst John DeCree raised his rating on shares of the regional operator to “buy” from “hold” while lifting his price target on Penn...
Philadelphia 76ers Backer Puts Down Six Digits to Win Four Figures
A well-heeled sports bettor laid $100,500 at the Westgate Las Vegas Superbook earlier this week on the Philadelphia 76ers to make the 2020 NBA Playoffs at odds of -5000. The gambler will net a modest $2,010 on that investment if the Sixers...
