5082 stories by Todd Shriber
Ready For Some Football? Iowa Could Open Sportsbooks Before College, NFL Seasons Kick Off
In May, Iowa Gov. Kim Reynolds signed a law making the state the 11th to legalize sports betting, and it looks like the Hawkeye State could have sports betting operations up and running prior to the start of the college football and...
MGM Didn’t Consider Buying Caesars Properties Before or After Eldorado Deal, Won’t Do So Going Forward
MGM Resorts International (NYSE: MGM) didn't consider buying properties from rival Caesars Entertainment Corp. (NASDAQ: CZR) before or after Eldorado Resorts, Inc. (NASDAQ: ERI) announced a $17.3 billion takeover offer for the Las Vegas-based company. On MGM's second-quarter earnings conference call Thursday,...
Wynn, Encore Las Vegas Are Top Two US Casinos, Per TripAdvisor Users, But Las Vegas Overall Ranks Low
After parsing data from nearly 361,000 reviews, online travel company TripAdvisor ranked the top 50 US casinos and the news is good for Wynn Resorts. The Wynn Las Vegas and the neighboring Encore took the top two spots, according to TripAdvisor. The...
MGM Shares Surge on Second-Quarter Revenue Surprise Led by Macau, Regional Properties
Shares of MGM Resorts International (NYSE:MGM) surged more than 6 percent during Thursday's after-market trading after the largest operator on the Las Vegas Strip reported second-quarter revenue that topped expectations. For the quarter ending June 30, MGM posted revenue of $3.22 billion,...
After Earnings Miss, Analyst Defends Las Vegas Sands Stock, Sees Assets as ‘Undervalued’
Las Vegas Sands Corp. (NYSE:LVS) stock slid Thursday and at one point traded lower by 5.3 percent after the company delivered slack second-quarter earnings, disappointment that was largely attributable to softness in the company's Macau business. In a report out after the...
Rhode Island Republican Party Lobs Ethics Complaint at Raimondo Over Her Support of IGT
Gov. Gina Raimondo's (D-RI) support of International Game Technology Plc (NYSE:IGT) is drawing fresh criticism as the state's Republican party is complaining to the R.I. Ethics Commission that the governor's relationship with the gaming machine manufacturer raises conflict of interest concerns. An...
Pac-12 Conference Bringing Football Championship Game to Las Vegas Stadium for 2020, 2021 Seasons
The Pac-12 Conference is moving its 2020 and 2021 football title showdowns to Las Vegas Stadium, giving the venue that's still under construction another football game for each of its first two seasons. The stadium, which will be home to the NFL's...
Las Vegas Sands Shares Stumble After Company Posts Soft Macau Results
Shares of Las Vegas Sands Corp. (NYSE:LVS) plunged in Wednesday's after-hours session after the company said it earned 72 cents a share in the second quarter, well short of the 78 cents per share analysts were expecting. At one point the stock...
California Tribe Scores Important Win in Effort to Open Hard Rock Bakersfield Casino
California's Tejon Indian Tribe notched a critical win in its quest to open a $600 million Hard Rock Hotel and Casino in Mettler, Calif., near Bakersfield, when the Kern County Board of Supervisors unanimously voted on Tuesday in favor of a $218...
MGM Could Fetch up to $7 Billion in Sales of Bellagio, MGM Grand, Use Cash to Reduce Debt, Buyback Stock
MGM Resorts International (NYSE:MGM) could command $6 billion to $7 billion, before taxes, if it sells the Bellagio and MGM Grand on the Las Vegas Strip, according to Macquarie analyst Chad Beynon. News broke last week that MGM, the largest operator on...
