Areas of Expertise
5136 stories by Todd Shriber
Maryland Most Likely State to Raise Sports Betting Tax, Says EKG
Maryland seen as most likely to raise sports betting taxes in 2025 Mixed outlook for other states following suit We're less than two months into 2025, and the outlook for more states approving iGaming or online sports betting is growing dimmer by...
Red Rock Could Make Use of Reno Land
Red Rock could finally put long held Reno land to use All of operator’s casinos are in Las Vegas Red Rock Resorts (NASDAQ: RRR) could finally put to use land it owns in Reno, Nevada, but the operator’s focus remains on its...
Bally’s May Be Examining Star Entertainment Buy
Bally’s could be among parties interested in Star Entertainment List of potential bidders for Aussie casino operator grows Add Bally’s (NYSE: BALY.T) to the list of “vultures” that may be circling the soon-to-be carcass that is Star Entertainment. The regional casino operator...
Boyd Gaming Boosting Dividend by Nearly 6%
Boyd Gaming lifts quarterly dividend Modest increase of a penny a share per quarter Boyd Gaming (NYSE: BYD), one of the largest operators of casinos frequented by Las Vegas locals, announced Thursday that it's raising its quarterly dividend by 5.9% to 18...
Nearly Half of American Men Have Sports Betting Accounts
Nearly a quarter of Americans and half of men have sports betting accounts Many confess to chasing losses and feeling depressed when their bets lose Twenty-two percent of Americans, including half of men ages 18 to 49, have at least one active...
DraftKings Lands Junk Credit Rating from Fitch
Fitch’s first rating on DraftKings is one level into the junk tier Rating comes after company said it’s trying to land a $500M term loan DraftKings’ (NASDAQ: DKNG) first report card from Fitch Ratings is in, with the ratings agency applying a...
Queens Casino Plan Lands Important Zoning Changes
Zoning changes needed to advance Queens casino effort City Planning Commission vote was nearly unanimous Metropolitan Park, the $8 billion proposal by New York Mets owner Steve Cohen to bring a casino hotel and other amenities to the area near Citi Field,...
Sands China Nears First Dividend Since COVID Pandemic
Sands China could unveil first dividend in five years Announcement could come as soon as Friday Las Vegas Sands’ (NYSE: LVS) Sands China unit could soon announce its first cash dividend since the onset of the coronavirus pandemic five years ago. In...
$GREED is Good for David Portnoy, Not for Other Crypto Investors
David Portnoy launched a memecoin that quickly plunged One trader is said to have lost $100K on $GREED Barstool Sports founder David Portnoy is at the center of a memecoin controversy in which he profited mightily while ordinary investors were left holding...
Churchill Downs Announces Major Expansion at Iconic Track
Operator will enhance site of the Kentucky Derby Company expects to spend $350 million to $400 million in 2025 Churchill Downs (NASDAQ: CHDN) said today it’s embarking upon a multi-year expansion of its namesake racetrack aimed at bringing more fans to the...