3978 stories by Todd Shriber
MGM China on Pace to Reach Pre-COVID Mass GGR Before Macau Rivals
MGM China is on pace to see its mass-market gross gaming revenue (GGR) reach pre-coronavirus levels, perhaps as soon as the current quarter. That would make it the first Macau operator to accomplish the feat. In a note to clients on Wednesday,...
Ex-Governor Rick Perry Still Optimistic on Texas Sports Betting Future
Former Gov. Rick Perry (R-TX) remains bullish on the prospects for regulated sports wagering in Texas, noting that if the issue is put to voters, it will pass in resounding fashion. In recent comments on the "World Series of Politics" podcast, the...
Urban One Activates Put Notice on MGM National Harbor Stake for $145.5 Million
Media company Urban One (NASDAQ: UONE) is parting ways with its stake in MGM National Harbor after having more than tripled its investment in the Oxon Hill, Md. gaming venue. In a Form 8-K filing with the Securities and Exchange Commission (SEC),...
MVB Financial, Bank to Sportsbooks, Avoids Silicon Valley Bank, Silvergate Calamity
Amid Great Depression-style bank runs and the recent collapses of Silicon Valley Bank (NYSE: SVB) and SVB Financial (NYSE: SIVB), among other financial institutions, sports bettors can rest assured that their deposits with gaming companies are likely safe. MVB Financial (NASDAQ: MVBF)...
BetMGM Promising $10M for Ever-Elusive Perfect NCAA Tourney Bracket
It's the holy grail of sports wagering, and yes, office pool entry fees are considered bets. What is it? The perfect NCAA Tournament bracket, of course. Should anyone accomplish the highly improbable, though not impossible, feat on BetMGM’s free-to-play game this year,...
Tilman Fertitta is Credible Contender to Buy NFL’s Washington Commanders
Golden Nugget owner Tilman Fertitta is emerging as a viable contender to eventually win ownership of the NFL’s Washington Commanders. That is, if current owner Dan Snyder proceeds with selling the team. Embattled because of a slew of workplace misconduct allegations, including...
Sands China Bolstered Macau Leadership Last Year
While 2022 was a forgettable year for Macau’s gaming industry as gross gaming revenue (GGR) slid to multiyear lows, Sands China found ways to make the best out of a bad situation, gaining market share from rivals. The Macau arm of Las...
PlayAGS Debt Reducing Efforts Applauded by Analysts
On a dismal day for the broader market and gaming equities, gaming device manufacturer PlayAGS (NYSE:AGS) cobbled together some upside following a solid fourth-quarter earnings report. Those results are in the past, and while the slot machine maker didn’t offer up specific...
Century Casinos Slumps on Soft Q4 Results, Updates Poland Sale Prospects
Shares of Century Casinos (NASDAQ: CNTY) tumbled Friday after the small-cap regional casino operator posted fourth-quarter results that missed analysts’ estimates. The Colorado-based company said it lost 14 cents a share on revenue of $103.8 million in the last three months of...
Disney CEO Bob Iger Sees ‘Seamlessness’ Between Sports Programming, Betting
Walt Disney (NYSE: DIS) CEO Bob Iger said there are pathways for the entertainment behemoth to get involved in sports wagering, though he prefers a measured approach. They were his clearest comments on the subject since returning to the helm of the...
