4975 stories by Todd Shriber
Genting Singapore’s Strong Finances Could Be Advantageous in Japan
Genting Singapore Ltd. is one of seven major casino operators vying for one of Japan's coveted gaming licenses. The group's strong balance sheet could be an advantage in that quest. Maybank Kim Eng Holdings Ltd regional gaming analyst Samuel Yin Shao Yang...
Churchill Downs Stock Upgraded as Analyst Sees Benefits from Illinois Gaming Bill
Shares of Churchill Downs Inc. (NASDAQ: CHDN) surged 6.1 percent Wednesday to close at $109.07 with volume more than double its daily average after Tesley Advisory Group analyst Brian McGill upgraded the stock, noting the company stands to benefit from the recently...
Scientific Games Attracts Attention of Bullish Options Traders
Shares of Scientific Games Corp. (NASDAQ: SGMS) closed slightly higher Tuesday, extending the stock's winning streak to five days and its gain over the past week to nearly 12 percent. The stock's recent run appears to be luring options traders betting on...
Analyst Predicts Substantial Growth for Las Vegas Sands Dividend
When it comes to gambling, it is said the “house always wins,” but investors in select casino stocks can get the house to pay them via dividends. At least one analyst views Las Vegas Sands (NYSE: LVS), the largest US casino operator...
Norwegian Pension Fund Sheds Gaming Stocks from Portfolio
Kommunal Landspensjonskasse (KLP), Norway's largest pension fund, said it will ditch its investments in alcohol companies and casino operators as part of its ongoing effort to align its portfolio with environmental, social, and governance (ESG) investing principles. KLP, which is the pension...
Cosmopolitan Las Vegas Issues Apology to Meek Mill for Banning Rapper from Casino
Just days after the Cosmopolitan denied hip hop star Meek Mill entry to a concert it was hosting, the Las Vegas hotel and casino took to Twitter to issue an apology, saying it had "zero tolerance for discrimination." The rapper, whose legal...
Concerns Raised Over Sports Betting Platform Contract Awarded by Oregon Lottery
The Oregon Lottery is pushing forward with its effort to bring legalized sports wagering to the state. However, critics believe the state is doing so with assistance from a foreign company with potentially dubious business practices. Last week, Oregon Lottery Director Barry...
Video Purportedly Shows Sports Bettor Holzhauer Losing on ‘Jeopardy!’
In news that has various social media platforms buzzing Monday, leaked footage from the day's scheduled episode of “Jeopardy!” appears to show professional sports bettor James Holzhauer losing, thus ending the run of one of the show’s most dominant players. Leaked footage...
As Potential Suitors Circle, Caesars Stock Remains Hedge Fund Favorite
With Caesars Entertainment being discussed as an acquisition target, hedge funds remain fans of the stock. A report from Jefferies, an investment bank and brokerage firm, highlights new holdings established by high and low turnover hedge funds in the first quarter. High...
Armenia Protestors Challenge Parliament Effort to Enact Big Gambling Restrictions
Armenia's parliament is considering legislation that could further restrict gaming establishments in the Eastern European nation. The legislation, introduced last October, is the latest in a series of efforts by Armenian politicians to crackdown on betting parlors and casino gaming venues across...
