3969 stories by Todd Shriber
Genting Selling Miami Land to Local Developer for $1.23B
In what could set a record for urban real estate transactions in Florida, Genting Malaysia is poised to sell 16.5 acres of undeveloped real estate along Biscayne Bay for $1.23 billion. SmartCity Miami, a consortium led by David Martin’s Terra, is the...
Flutter Wins Shareholder Support for New York Stock Listing
Flutter Entertainment (OTC: PDYPY) investors have overwhelmingly supported a plan by the Irish sportsbook operator to pursue listing its shares in New York. At the gaming company’s annual meeting on Thursday, 99.99% of investors voted in favor of a US equity listing...
DraftKings Readies Sports Streaming Service
DraftKings (NASDAQ: DKNG) could be the next entrant into the streaming entertainment wars, as the gaming company is said to be readying a sports streaming service. The service could launch over the next several weeks. Unidentified sources with knowledge of the matter...
Bally’s Temporary Chicago Casino Facing Time Crunch
Bally’s plans for a temporary casino at the Medinah Temple in the River North section of Chicago is up against a shortening timeline. The gaming company hoped to open the temporary venue, which will serve as a prelude to a $1.7 billion...
Las Vegas Sands Lands Lease Accord on Nassau Coliseum
Las Vegas Sands has struck an agreement with Nassau County, N.Y., under which the gaming operator gains control of 72 acres of land in Uniondale, representing a step forward in the company’s efforts to build a casino-hotel there. Nassau County Executive Bruce...
Mystery Sportsbook Operator Considering Nashville as US Home
An unidentified sports betting company is mulling Nashville as its US headquarters, and could bring as many as 800 jobs to Tennessee’s capital city. The Nashville Business Journal reported the mystery sportsbook operator is mulling a $40 million investment to build 120,000...
Boyd Backed by Wall Street Amid Strong Q1 Results, Eyes Downtown Vegas Strength
Supported by the strength of its downtown Las Vegas venues, Boyd Gaming (NYSE: BYD) easily topped first-quarter estimates, sparking a fresh round of bullish commentary from Wall Street analysts in the process. The Fremont Casino operator earned $1.71 a share on revenue...
Churchill Downs Readies 2-for-1 Share Split
Churchill Downs (NASDAQ: CHDN) announced today it will split its stock on a 2-for-1 basis. The transaction, which was approved by the gaming company’s board of directors, pertains to shareholders of record as of May 5. Those investors will receive one additional...
Yahoo Boosts Social Gaming Presence with Wagr Buy
In an effort to further solidify its already expansive fantasy sports footprint and potentially expand further into sports wagering, Yahoo announced Tuesday it's acquiring Wagr, a peer-to-peer sports betting app. Financial terms of the transaction, which has already closed, weren’t disclosed. Privately...
Caesars Stock Slump, ‘Unwarranted’ Shares Can More than Double, Says Analyst
Shares of Caesars Entertainment (NASDAQ: CZR) are off nearly 17% over the past 90 days, but at least one analyst says that could be a chance for investors to get involved with the stock. In a note to clients on Tuesday, B....
