Main menu
Todd Shriber
5656 stories by Todd Shriber
Caesars CEO Says Monetization of Digital Unit Still on the Table
Caesars boss says digital unit performing well, but it’s not reflected in share price Options for monetization still possible, but he stopped short of saying “spin-off” Caesars Entertainment (NASDAQ: CZR) delivered first-quarter results late Tuesday...
California Bookie to Pay $14 Million in Fines After Copping to Tax Evasion Charges
Christopher Scott King ran an illegal betting operation out of Los Angeles DOJ says he caused significant loss to IRS A California bookmaker pleaded guilty on Tuesday to charges of money laundering, running an illegal...
Queens Casino Plan Gets Another Boost Following Committee Vote
State Senate committee votes to allow Cohen to build on parking lot near Citi Field Vote seen as boost for Cohen/Hard Rock casino plan Steve Cohen’s plan to bring a casino hotel to Queens, NY...
Vora Blasts Penn After Company Cuts Number of Director Nominations
Penn appeared poised to nominate three of investor's proposed directors, not just two Investor claims gaming company is violating shareholder voting rights HG Vora says it will proceed with proxy fight The soap opera between...
Thai Casino Bill on the Brink, Citizens Ambivalent
More than 46% of Thai citizens don’t see bill advancing, with or without casino component Similar percentage are apathetic about entertainment complex prospects Thailand’s much-anticipated entertainment complex legislation may not advance as hoped, with or...
Sands is Out, Community Group Still Says No to Long Island Casino
Las Vegas Sands recently dropped Long Island casino effort Community group wants the plug pulled entirely Las Vegas Sands announced last week that it's dropping its plan to bid for a New York City casino...
BetMGM Off to ‘Encouraging’ 2025 Start, Reiterates Positive EBITDA Forecast
iGaming, sportsbook revenue surge in first quarter Operator reiterates forecast of EBITDA positive for 2025 BetMGM said Monday that first-quarter revenue surged 34%, with the operator reiterating the view that it will be positive on...
US Ops Could Be Forced Out of Macau, Though Unlikely, Says Fitch
US-based Macau casino operators could be forced to sell assets or not renew licenses, says Fitch Ratings agency acknowledges those scenarios aren’t likely even as US/China trade war intensifies The three US-based Macau concessionaries could...
Penn Bends Knee to Vora, Nominates Hedge Fund Picks to Board
Casino operator will nominate Hartnett, Ruisanchez to board Hedge fund previously bashed gaming company’s online betting missteps, board composition Penn Entertainment (NASDAQ: PENN) is acquiescing to HG Vora, telling investors Friday it will nominate two...
Sands in Talks With Another Company on Long Island Casino Plan
Company pulled plug on New York casino ambitions earlier this week Third party currently unidentified, but announcement could be imminent Las Vegas Sands could soon make an announcement on an unidentified company possibly taking over...
