3963 stories by Todd Shriber
IGT Earns Price Target Lift on Divestment Plans
Earlier this month, International Game Technology (NYSE: IGT) announced plans to explore strategic alternatives for its global gaming and PlayDigital units -- news that’s been well-received by analysts and investors. In a new report to clients, Stifel analyst Jeffrey Stantial reiterates a...
Caesars CEO Reeg Adds to Holdings in Company Stock
Shares of Caesars Entertainment (NASDAQ: CZR) are higher by 8.68% year to date, and 13.14% over the past 12 months. But CEO Tom Reeg apparently sees value in the casino company he helms. A recent Form 4 filing with the Securities and...
Las Vegas Ranks 65th on Best-Run Cities List, San Francisco Ranks Last
Las Vegas, the casino hub of the US, ranked 65th out of 149 metropolitan locations on WalletHub’s recently revealed list of the best- and worst-run American cities. That’s a decent ranking, but Sin City deserves some credit. By population, the Las Vegas...
DraftKings And Fanatics Nearly Sealed Massive Merger, Now Rivals
DraftKings (NASDAQ: DKNG) and Fanatics are rivals in the sports betting universe -- so much so that they’re both vying for PointsBet’s (OTC: PBTHF) US operations -- but once upon a time, the two companies nearly merged. The New York Post reported...
Red Rock Resorts Planning Major Green Valley Ranch Renovations
Starting with the opening of the new Polaris Bar, Red Rock Resorts is kicking off significant enhancements to its Green Valley Ranch Resort Spa & Casino in Henderson, Nevada. The operator said it is bringing a new restaurant row to the venue,...
Southwest to Offer Overnight Layovers in Las Vegas
Travelers usually aren’t fond of layovers, and those of the overnight variety are even more onerous. But if an overnight layover is necessary, there are worse places to do it than in Las Vegas. Southwest Airlines is making that possible. The carrier...
Circa Sports Ultimate Contest Weekend Returning in August
Circa Sports’ celebrated football contests, the Circa Million and Circa Survivor, are returning this year with an all-time high combined payout of $14 million. And, with that, comes another edition of the operator’s “Ultimate Contest Weekend.” The 2023 iteration of the event...
WynnBET Makes Debut in West Virginia
Wynn Resorts’ (NASDAQ: WYNN) WynnBET unit announced Thursday that its internet casino and online sports wagering offerings are live in West Virginia. Bettors in that state can download the WynnBet app through the Apple and Google Play stores or register for an...
Macau June GGR Could Surprise to Upside, Says Analyst
Macau’s June gross gaming revenue (GGR) could potentially surprise to the upside after the May figure reached the highest level since January 2020. In a new report to clients, Roth MKM analyst Edward Engel said Macau’s GGR report for the sixth month...
Genting Miami Property Sale Falls Apart as Commercial Real Estate Risk Rises
Genting Malaysia’s planned $1.23 billion sale of 16.5 acres of prime South Florida real estate was slated to be one of the largest commercial property transactions in the region’s history. Now, the deal is off. In a Thursday filing to Malaysian securities...
