5135 stories by Todd Shriber
Churchill Downs to Spend Up to $50M on New Kentucky HRM Venue
Churchill Downs (NASDAQ: CHDN) said it will spend as much as $50 million to build a new historical racing machine (HRM) establishment in Calvert City, Ky. The gaming company forecast expenditures of $40 million to $50 million on the HRM facility, which...
Century to Open New Missouri Casino on Nov. 1
Century Casinos (NASDAQ: CNTY) said its new land-based casino hotel in Caruthersville, Mo. will open on Friday, November 1. On Wednesday, the Missouri Gaming Commission (MGC) approved the move for what was the last riverboat casino in the state, paving the way...
Las Vegas Sands Raises Dividend, Will Repurchase $2B in Stock
Las Vegas Sands (NYSE: LVS) is elevating its shareholder rewards, announcing an increase to its quarterly dividend while unveiling a large share repurchase program. In conjunction with the release of its third-quarter results, the gaming company said Wednesday it's lifting its quarterly...
Labor Union to Rally in Support of Wynn New York Casino
A labor union plans a Thursday rally on the West Side of Manhattan to support the proposed $12 billion development of the Western Rail Yards by Related Cos. and Wynn Resorts -- a project opposed by many of the neighborhood’s affluent residents....
Oakland A’s Mulling Stake Sale at $2B Valuation
Ahead of the team’s move to Las Vegas, the soon-to-be former Oakland Athletics (A’s) are rumored to be considering the sale of a minority interest in the franchise. Unidentified sources familiar with the matter told The New York Post that owner John...
CFTC Promises Scrutiny of Election Wagering Sites
The Commodities and Futures Trading Commission (CFTC) is pledging to diligently monitor platforms offering financial contracts tied to political outcomes as Election Day nears. The commission, which is engaged in a lengthy legal spat with financial exchange and prediction platform Kalshi, views...
Venetian Las Vegas, IHG to End Hotel Alliance in January
IHG and the Venetian and the Palazzo are ending a 15-year-old hotel licensing agreement. That pact will be terminated on Jan. 1, 2025. Since October 2010, the Las Vegas Strip integrated resort complex has been part of IHG’s booking system, with the...
DraftKings Upgrades Loyalty Plan, Unveils New Elite Program
DraftKings made improvements to its Dynasty Rewards customer loyalty program, including an array of redemption options for clients in the plan’s highest tiers. One of the marquee enhancements to the online sportsbook operator’s rewards program is the 2025 Elite Rewards Gifts and...
Twitch Streamer Suspended for Wishing PTSD Upon US Troops
A partnered streamer of Twitch was suspended by the live-streaming platform for hurling insults at members of the US military. In a recent, expletive-laden livestream, the user known as Frogan, in between bites of food and sips of iced tea, said she...
MGM Makes Cut in Goldman Sachs ‘Buyback Basket’
MGM Resorts International’s (NYSE: MGM) long-standing commitment to repurchasing its shares is well-known on Wall Street. Those efforts have resulted in a significant reduction to the casino giant’s shares outstanding tally, but also some accolades of sorts. For example, the gaming stock...
