5359 stories by Todd Shriber
Churchill Downs Might Come Up Roses in Virginia
The Kentucky Derby -- the marquee event on Churchill Downs’ (NASDAQ: CHDN) annual slate -- is known as “the run for the roses,” but a different rose could be additive to the operators investment thesis. The operator’s recently opened Rose casino hotel...
Flutter Entertainment Refinances Loan, Cuts Interest Expenses
Flutter Entertainment (NYSE: FLUT) said it refinanced $3.885 billion of a term loan issued to the gaming company in November 2023. The move by the parent company of FanDuel -- the largest online sportsbook operator in the US -- results in a...
Golden Matrix Group Restarts Share Buyback Plan
Golden Matrix Group (NASDAQ: GMGI), a developer of online gaming platforms, said Friday that it's restarting a previously announced share repurchase program. The news comes with the stock mired in a slump that’s seen it shed 20.63% of its value over the...
NY Casino Answers Could Bode Well for Genting, MGM
The New York Gaming Facility Location Board (NYGFLB) recently released a wide-ranging set of answers to various questions from groups pursuing the three downstate casino licenses the state is expected to award late next year, and there could be some positive takeaways...
W Hotel Transition at Mandalay Bay Official
That was fast. Less than two months after Marriott International and MGM Resorts International announced a plan to turn the Delano at Mandalay Bay on the Las Vegas Strip into a W hotel, that transition is officially complete. The property now joins...
Casinos Approved for Class-Action Suit Against Light & Wonder
An arbitrator ruled that more than 100 casinos pursuing litigation against gaming device manufacturer Light & Wonder can be joined as a single class. American Arbitration Association (AAA) arbitrator John Wilkinson made the decision last week and his ruling was published Wednesday,...
Venetian, Hyatt Partnering on Rewards Program
The Venetian Resort Las Vegas has a new hotel partner as it was revealed today that the Strip casino resort is teaming up with hotel giant Hyatt on a long-term licensing accord. In the coming months, the Apollo-operated integrated resort will be...
Hippodrome Balks at Caesars Times Square Casino Plan
The Hippodrome office building is the latest entity to vocalize opposition to the plan to bring a casino hotel to Times Square in New York City. Principals of the Class A office building at 1120 Avenue of the Americas believe the proposal...
Tilman Fertitta Ambassadorship Would Lengthen Odds of Wynn Activism
Tilman Fertitta’s potential appointment as US ambassador to Italy could diminish the chances he takes on an activist role at Wynn Resorts (NASDAQ: WYNN), the casino operator in which he owns nearly 10% of the stock. Speculation surfaced last week that President-elect...
South Carolina Sports Betting Bill Sets Minimum Age at 18
South Carolina’s 2025 legislative session starts next month, but one lawmaker there has already proposed a sports betting bill, marking at least the fourth attempt to bring that form of wagering to the state. Republican Rep. Chris Murphy of Dorchester County recently...
