4975 stories by Todd Shriber
Caesars Poised to Miss Q2 Earnings Forecasts, Says Analyst
Caesars is likely to miss Q2 estimates due to weakness on the Las Vegas Strip Third quarter might not be much better Analyst also lowers regional casino estimates, but do to one-off issues Caesars Entertainment (NASDAQ: CZR) delivers second-quarter results after the...
DraftKings Ready to Deliver Earnings Catalysts, Says Morgan Stanley
Stock has a knack for notable post-earnings moves Q2 could be best hold quarter in some time DraftKings (NASDAQ: DKNG) steps into the earnings confessional on Wednesday, August 6, and some market observers are wagering the second quarter could be the first...
Former Analyst Santarelli Joining Gaming and Leisure Properties
Carlo Santarelli most recently covered the gaming industry at Deutsche Bank He’s joining gaming REIT as a senior vice president Santarelli has more than 25 years of industry experience Gaming and Leisure Properties (NASDAQ: GLPI) announced Tuesday it's hired Carlo Santarelli, a...
Resorts World Pitches Biggest New York City Casino
Genting says Queens casino could convert to largest in the city Venue could open in a year if it wins a downstate casino license In a Monday pitch before a community advisory committee (CAC), Genting said its Resorts World New York would...
Las Vegas Strip Sentiment in the Doldrums, Says Analyst
Ahead of Q2 earnings reports, Q3 already shaping up to be disappointing Analyst says RevPar, July rate checks trending downward Shares of MGM Resorts International (NYSE: MGM) and Caesars Entertainment (NASDAQ: CZR), the two largest operators on the Las Vegas Strip, have...
Polymarket Reentering US Market in $112 Million QCEX Acquisition
Prediction markets operator closes deal for clearinghouse, derivatives exchange Deal will expand access to Polymarket for US-based customers Prediction markets operator Polymarket is returning to the US, leveraging the $112 million acquisition of clearinghouse and derivatives exchange QCEX LLC to do so....
Sands President Says Thailand Needs Clear Casino Framework
Comments come as country’s casino ambitions teeter on the brink Executive says Thailand has the makings of a strong casino market Adds entertainment complexes need casinos Las Vegas Sands COO and President Patrick Dumont believes Thailand has the makings of a compelling,...
GLP-1s Could Have Long-Term Ramifications for iGaming
Weight loss drugs could damp impulse spending Expert sees possibility of small decline in iGaming, casino spending over time Whether it’s Mounjaro, Ozempic, Wegovy, or Zepbound, among others, there’s no denying weight loss drugs are popular and the market is expected to...
BetMGM, Hard Rock Impose Illinois Sports Betting Minimums
Moves are responses to state’s latest sports betting tax hike The new mandatory minimums are small BetMGM and Hard Rock Bet are dealing with the recently implemented Illinois sports wagering tax increase in their own way, establishing minimum wager sizes in the...
Smarkets Could Mull Reentering US, Bring Prediction Market With It
Company is back in Indiana sports wagering market One of the only examples of an operator reentering US Smarkets could consider US sports betting exchange offering, too Smarkets, the operator of one of the world’s largest prediction markets platforms, is showing an...
