5136 stories by Todd Shriber
Busted Iowa Card Dealer Reportedly Used Bad Shuffles to Help Gamblers Win, Score Big Tips
A former dealer at the Isle Casino Hotel in Waterloo, Iowa was recently arrested for allegedly cheating his employer. In an effort to help gamblers at his tables win so he could score bigger tips, Jordan Michael Makinster, 27, of Gilbertville, Iowa...
Following News of Caesars Entertainment Deal, Eldorado Resorts Earns Analyst Upgrade
Sparked by news of the effort to acquire Caesars Entertainment Corp. (NASDAQ:CZR), shares of Eldorado Resorts, Inc. (NASDAQ:ERI) earned an upgrade from Wolfe Research. In a note out Monday, the day the deal for Caesars was announced, Wolfe Research analyst Jared Shojaian...
Eldorado, Caesars Entertainment Merger Agreement Outlines Penalties for Breakup
Soon after announcing a $17.3 billion plan to merge, Eldorado Resorts, Inc. (NASDAQ:ERI) and Caesars Entertainment Corp. (NASDAQ:CZR) made clear in a regulatory filing that if the deal does not go through, a breakup could be costly for either side. In a...
Police Nab Two Bronx Roulette Cheats at Encore Boston Harbor’s Opening Night
Two New York men were arrested on charges of cheating and conspiracy at the opening of Wynn Resorts' much anticipated Encore Boston Harbor on Sunday, June 23. The men, 27-year-old Jankelli S. Volquez and 66-year-old Hector Hernandez, both of the Bronx in...
VICI Scores Coup in Eldorado/Caesars Deal; Wins 3 Harrah’s Properties For $3.2 Billion
VICI Properties Inc. (NYSE:VICI) is acquiring three Harrah's properties for $3.2 billion from Eldorado Resorts, Inc. (NASDAQ:ERI) as part of the regional gaming company's $17.3 billion deal to merge with Caesars Entertainment Corp. (NASDAQ:CZR). New York-based VICI, the real estate investment trust...
After Months of Chatter, Eldorado, Caesars Entertainment Expected to Head to Altar in $18 Billion Deal
Following a lengthy courtship and months of speculation, regional gaming company Eldorado Resorts, Inc. (NASDAQ:ERI) and Caesars Entertainment Corp. (NASDAQ:CZR) are expected to announce an $18 billion marriage that will create one of the largest US casino operators. Citing unidentified sources close...
Former MGM Detroit Staffer Sues Casino Operator, Alleging Wrongful Termination, Sexual Discrimination
A former assistant shift manager at the MGM Grand Detroit is suing that property and its parent company, MGM Resorts International, alleging he was wrongfully fired and that he was the victim of sexual discrimination. Paul Ross, 49, of Washentaw County, Michigan,...
Analyst Bullish on ‘Underappreciated’ Twin River, Sees Upside of More Than 25%
Twin River Worldwide Holdings, Inc. (NYSE: TRWH) – a casino operator that has been public for just over two months – is already drawing bullish praise from analysts. In a research note published June 20, Union Gaming analyst John DeCree initiated coverage...
Bad Bounces For Bettor as MGM Airballs Two Sportsbook Checks, Player Fights to Get Less Than $1K to Clear
MGM Resorts International -- the largest casino operator on the Las Vegas Strip -- bounced not one, but two checks to a California man looking to collect winnings on wagers made during the NCAA Tournament. Jose Moreno visited Sin City in March...
MGM Resorts Sues Zurich After Insurance Company Balks at Paying Casino Operator’s Legal Bills
MGM Resorts International is suing Zurich American Insurance Company for breach of contract, claiming the insurance provider is not fulfilling its contractual obligation to cover the casino operator's legal bills stemming from the October 2017 mass shooting at the Mandalay Bay in...
