5402 stories by Todd Shriber
Melco Should Consider Selling Cyprus, Philippines Casinos, Says Analyst
Melco Resorts & Entertainment (NASDAQ: MLCO) should consider selling its casino hotels in Cyprus and Manila so it can fund a full acquisition of Studio City International (NYSE: MSC) and focus on its Thailand ambitions, according to an analyst. In a new...
Westgate Casino Joins Choice Hotels Loyalty Program
Westgate Resorts, the operator of the Las Vegas Strip casino hotel of the same name, announced that its properties are now part of Choice Hotels International’s loyalty platform and are available for booking on the hotelier’s website. Maryland-based Choice operates hotels under...
Kalshi Joins Sports Event Contracts Arena
Kalshi, the operator of one of the largest prediction markets, is the latest company to join the growing sports event contracts space. In a filing with the Commodities and Futures Trading Commission (CFTC), New York-based Kalshi said it stated offering derivatives based...
Hard Rock Casino Tampa Reveals $65 Million Refresh
The Seminole Hard Rock Hotel & Casino Tampa, the largest gaming venue in Florida, unveiled $65 million in enhancements, including significant additions to its slots area. Some of the upgrades have already been revealed, including the return of the Fresh Harvest Buffet...
Caesars Stock Offers Attractive Risk/Reward, Says Analyst
Following a dreadful showing last year, Caesars Entertainment (NASDAQ: CZR) stock has rebounded modestly to start 2025, receiving ample help from Wall Street analysts extoling the shares’ finer points. Stifel’s Steven Wieczynski is part of that group, telling clients in a new...
Las Vegas Will Host 2027 College Football Title Game
The 2027 College Football Playoff (CFP) title game will be played at Allegiant Stadium, adding another marquee sporting event to the Las Vegas calendar. Reports surfaced Tuesday that the US casino hub will host the game on Jan. 25, 2027. The first...
MGM Could Make Another Run at Entain’s BetMGM Stake
It’s been four years since MGM Resorts International (NYSE: MGM) offered to acquire BetMGM partner Entain Plc (OTC:GMVHY). At least one analyst believes it’s possible the casino giant could revisit such a proposal this year. In a new, broader report on gaming...
Wynn Credit Rating Affirmed with Stable Outlook by Fitch
Wynn Resorts’ (NASDAQ: WYNN) credit rating remains in junk territory, but the casino operator was praised for its solid liquidity position and an improving outlook in Macau. In a new report, Fitch Ratings reiterated a grade of “BB-“ with a “stable” outlook...
Mohegan Gaming Credit Profile Weakening, Says Analyst
Mohegan Gaming & Entertainment (MGE) told creditors earlier this month that its Inspire Korea casino hotel isn’t performing as expected and that it's amended its credit agreement on the gaming venue for the fourth time. While that sparked fear about the credit-worthiness...
Global Casino Market Poised to Grow by $43 Billion Over Five Years, Report Claims
Supported by increased consumer spending, the global casino gaming market is poised to grow by $43.3 billion for the five years spanning 2024 to 2028, representing a compound annual growth rate (CAGR) of 3.2%, according to a new report by Technavio. Gaming...
