5137 stories by Todd Shriber
Epoch Investment Partners CEO Priest Bullish on MGM Resorts, Sees Ongoing US, China Growth
William Priest, CEO and chief investment officer (CIO) of Epoch Investment Partners, is bullish on shares of MGM Resorts International (NYSE:MGM), citing a variety of factors, including continued revenue growth in the US and China, the casino operator's most important markets. MGM,...
Eldorado Selling Mississippi, Missouri Casinos to Twin River ‘Credit Positive,’ Says Moody’s
Last week's announcement by Eldorado Resorts, Inc. (NASDAQ:ERI) to sell two casinos to Twin River Worldwide Holdings, Inc. (NYSE:TRWH) for $230 million in cash is a move viewed as “credit positive” by Moody's Investors Service. Proceeds from the sale of the Isle...
Two San Antonio Women Arrested For Running Illegal Gambling Den After Three Years of Surveillance
Two San Antonio women were arrested Saturday night on charges of, among other things, running an illegal gambling establishment. The Bexar County Sherriff's Office (BCSO), the law enforcement agency with jurisdiction over the Alamo City, arrested the women after monitoring the establishment...
Isle Casino Racing Pompano Park Could be Latest South Florida Casino to Bring Back Jai Alai
The Isle Casino Racing Pompano Park in Pompano Beach, Fla. could become the latest gaming venue in South Florida to add live jai alai to its menu of wagering options. The property has been home to seasonal horse racing for six decades...
California Casino Operated by Controversial Polygamous Group Gets Mixed Gaming License Ruling
The Lake Elsinore Casino, a California cardroom owned by a family that allegedly practices polygamy and intra-family marriage, won't get a permanent gaming license following a recent ruling by an administrative law judge, but there is some wiggle room for the venue...
MGM Hoping to Land Full New York Casino License for Empire City by 2021 Instead of 2023
Officials at the Empire City Casino in Yonkers, N.Y., a property run by MGM Resorts International, are hoping state regulators will grant a license to allow the venue to become a traditional casino sometime next year or in 2021 instead of waiting...
Feds Allege Dennis Bleiden, Hollywood Finance Executive Turned Poker Champ, Stole $22 Million From Ex-Employer
Dennis Blieden, formerly an executive at a Hollywood marketing agency, allegedly stole $22 million from that employer to play in professional poker tournaments, feed his online poker and cryptocurrency buying habits, and pay off credit card bills, according to the US Department...
Miriam Adelson’s Affinity For President Trump Literally Reaches Biblical Proportions
Miriam Adelson, the wife of Las Vegas Sands Chairman and CEO Sheldon Adelson, has long been a fan of President Trump. That affection appears to be reaching biblical proportions. In a recent column in the Las Vegas Review-Journal, the paper she and...
Wynn Resorts $2 Billion Crystal Pavilion Macau Expansion Will Include High-End Museum, Theater
Wynn Resorts, Ltd. (NASDAQ: WYNN) will expand in Macau, the market that accounts for the bulk of the company's revenue, with eyes on adding the planned $2 billion Crystal Pavilion near the famed Wynn Palace there. In a presentation to analysts and...
Colorado Could Hydrate Water Budget With Sports Gambling Revenue
Colorado voters will decide on a ballot initiative this fall that could bring legal sports wagering to the state and although that revenue has not started rolling in, politicians have already identified a use for it. The state's legislature, which is majority...
