5359 stories by Todd Shriber
Wynn Resorts Finance Credit Outlook Upgraded by Moody’s
Wynn Resorts’ (NASDAQ: WYNN) finance unit saw its credit outlook upgraded to “positive” from “stable” by Moody’s Investors Service. The research firm maintained a “B1” rating on Wynn’s debt -- four notches into junk territory. Moody’s cited the ongoing recovery in Macau...
RSI CEO Says Trump Unlikely to Push New Gaming Regulations
President-elect Trump and his team are unlikely to prioritize fresh gaming regulations and are likely to take a laissez faire approach to the industry. That’s the take of Rush Street Interactive (NYSE: RSI) CEO Richard Schwartz. Speaking at the Needham Consumer Tech...
Las Vegas Sands Eyes 3-Tranche Loan for Singapore Casino
Las Vegas Sands (NYSE: LVS) is said to be seeking a three-tranche loan for nearly $9 billion for expansion of its Marina Bay Sands casino resort in Singapore. News of the $8.9 billion in borrowing, which would be the largest corporate loan...
Hawk Tuah Girl Hailey Welch Enters Memecoin Mania, Draws Scorn of Crypto Community
Hailey Welch, known to many as the “Hawk Tuah girl,” is joining the memecoin frenzy and some members of the cryptocurrency community aren’t pleased. Welch, who ascended to internet stardom or infamy in June for saying “hawk tuah” and “spit on that...
Sportradar Launches New AI Advertising Service
Sports betting data provider Sportradar said it’s rolling out a new artificial intelligence-based (AI) audio advertising platform for casino and sportsbook clients. The new generative AI offering complements the Swiss company’s broader multichannel marketing service. Gaming companies, including sportsbook operators, can leverage...
Queens Casino Plan Gains Favor Among Community Boards
A proposed casino hotel project in Queens, NY recently gained some momentum with five local community boards voting in favor of it. Queens community boards 3, 6, 7, 8, and 9 recently voted in favor of the $8 billion Metropolitan Park project,...
BetMGM Streamlines Digital Points Program
BetMGM announced new efficiencies for its reward points program on Monday, with clients now being able to see points accrued in one state in their accounts when they travel to another state. Now, BetMGM rewards points will be viewable in a single...
Ex-Light & Wonder Exec Says Company Asked Him to Alter Financial Reports
A former Light & Wonder (NASDAQ: LNW) employee claims a superior ordered him to falsify financial reports -- allegations that if proven true in court could potentially uncover the skirting of federal securities laws. In a whistleblower suit filed last month in...
Election Results Not Kind to Texas Sports Betting Hopes
The big sports betting headline coming out of Election Day was Missouri voters approving that form of wagering, but upon closer examination, there were some important developments in other states such as Texas. In the previous legislative session, there was more momentum...
Wynn Could Have Lengthy UAE Casino Monopoly
Wynn Resorts’ Wynn Al Marjan Island integrated resort in the United Arab Emirates (UAE) is expected to open in early 2027, perhaps several months sooner, and when it does, the casino hotel will enjoy a potentially length monopoly in the emirates. The...
