Areas of Expertise
5034 stories by Todd Shriber
Illinois House Speaker Michael Madigan Throws Support Behind Proposed Chicago Casino Project
Michael Madigan -- the Illinois House Speaker once called "more Machiavellian than Machiavelli" by imprisoned former governor Rod Blagojevich -- has announced he's prepared to support a new casino in Chicago, the third-largest US city. Madigan said the idea of a casino...
Following MGC Encore Boston Harbor Decision, Moody’s Lifts Wynn Resorts Outlook to ‘Positive’
Moody's Investors Service -- the bond rating division of one of the largest global credit rating agencies -- boosted its outlook on Wynn Resorts, Ltd. (WYNN) to "Positive" from "Negative" after the company agreed to pay a $35.5 million fine levied by...
MGM Resorts’ Mountain of Debt Not Deterring Investors, at Least for Now — Q1 Earnings Report Coming Monday
As of April 24, MGM Resorts' market capitalization (the amount of shares outstanding multiplied by the stock price) was $14.94 billion, meaning MGM market value is roughly equivalent to its debt. That also puts MGM -- owner of the Bellagio, Mandalay Bay,...