5174 stories by Todd Shriber
Light & Wonder Paying $850 Million for Charitable Gaming Assets
Light & Wonder Paying $850 million for charitable gaming business Acquired company is profitable, deal expected to close in second quarter Light & Wonder (NASDAQ: LNW) said it’s paying $850 million in cash for the charitable gaming assets of Grover Gaming, Inc....
Sands Procures $9 Billion Loan for Singapore Casino Hotel Expansion
LVS said to have landed $9 billion for Singapore improvements It’s believed to be the biggest corporate loan in the country’s history Las Vegas Sands (NYSE: LVS) has reportedly landed a $9 billion loan for expansion plans at Marina Bay Sands (MBS)...
Bain Capital Takes Over Inspire Casino Resort in South Korea
Private equity firm now controls Korean casino hotel MGE Korea was close to default on the venue Private equity firm Bain Capital assumed control of the Inspire Korea casino hotel from Mohegan Gaming & Entertainment (MGE) -- a move recently forecast by...
Hawk Tuah Boyfriend ‘Pookie’ Demands Memecoin Money Back
Hailey Welch launched a memecoin that quickly plunged Even her boyfriend lost money on it and he wants it back There’s trouble in memecoin paradise. The boyfriend of Hailey Welch, also known as the “Hawk Tuah girl,” wants back the $300 he...
Las Vegas Sands ‘High Dispersion’ Favorite at Goldman Sachs
Sands stock could remain volatile, but it offers opportunity Some analysts view the name as catalyst-rich and undervalued Amid concerns about the state of the US/China trade relationship and the strength of the Macau comeback, these are volatile times for Las Vegas...
Wynn NYC Casino Plan Opposed by Borough President Levine
Wynn/Related New York casino plan may have suffered another setback Levine rejects necessary zoning alterations The proposal to by Related Cos. and Wynn Resorts to bring a casino hotel to Hudson Yards area of New York City suffered a blow today when...
Texas Sports Betting 2025: Expect a Lone Star Let Down
Texas sports betting legislation surfaces again Odds of passage slim due to opposition from Lt. Gov. Dan Patrick Earlier this week, Rep. Charlie Geren (R-Fort Worth) again filed legislation to give Texas voters the opportunity to have their say on online sports...
Wynn Valuation So Low, It’s ‘Ridiculous’ Says Analyst
Wynn stock barely reflects potential Macau upside, says an analyst He argues the shares are undervalued and aren't pricing in UAE promise, either On the back of a solid fourth-quarter earnings report, shares of Wynn Resorts (NASDAQ: WYNN) are higher by about...
Codere Online Lands Nasdaq Reprieve, Stock Soars
NASDAQ has given Codere Online an extension to file is 2023 annual report Codere has until May 12 to file Codere's stock rose more than 13% on Thursday based on the news Codere Online Luxembourg (NASDAQ: CDRO) soared on Thursday with the...
DraftKings Raises 2025 Guidance as Q4 Earnings Top Estimates
A positive EBITA outlook saw DraftKings shares surge in after-hours trading on Thursday The increase came after the company increased its topline growth forecast for 2025 DraftKings offers mobile sports wagering in 25 states and Washington, DC Shares of DraftKings (NASDAQ: DKNG)...
