3993 stories by Todd Shriber
Circa Sports Boss Stevens Hopeful on Illinois Debut, Talks Expansion Plans
Circa Sports founder and owner Derek Stevens is optimistic the company will be able to offer retail and mobile wagering to Illinois sports bettors this year and remains keen to expand into other states. In an interview with Matt Perrault and Dave...
MGM Forecasts 2023 Macau Spend up to $150 Million
MGM Resorts International (NYSE: MGM) said its China unit could spend up to $150 million in capital expenditures in Macau this year. MGM China, which is 56% owned by the Las Vegas-based casino-resort operator, runs MGM Cotai and MGM Macau in the...
Aristocrat, IGT Among Winners of EKG Slot Awards
Aristocrat Leisure Ltd. and International Game Technology (IGT) were among the big winners at Eilers & Krejcik Gaming’s (EKG) fifth annual EKG Slot Awards. Las Vegas-based Light & Wonder (LNW), which along with Aristocrat and IGT ranks among the top three North...
Minnesota Sports Betting Bill Scores First Victory
There’s legislative life for regulated sports wagering in Minnesota, as a Democrat-backed bill sailed through its first committee hearing on Monday. Rep. Zack Stephenson’s (D-Coon Rapids) HF 2000 passed through the House Commerce Finance and Policy Committee yesterday by a 10-6 vote....
Penn Entertainment Could Eventually Consider Barstool Sale
It hasn’t even been two weeks since Penn Entertainment (NASDAQ: PENN) completed its acquisition of Barstool Sports. But rumors surfaced the casino operator could eventually part with David Portnoy’s media entity if the economics of such a deal is compelling. Earlier this...
MGM National Harbor Top Grossing Casino Outside Nevada
MGM Resorts International (NYSE: MGM) isn’t just the largest operator on the Las Vegas Strip. It runs some of the biggest regional casinos in the US, including MGM National Harbor in Oxon Hill, Md. In 2022, that venue was the highest-grossing casino...
VICI High-Growth Casino Real Estate Opportunity, Says Analyst
VICI Properties (NYSE: VICI) is the largest landlord on the Las Vegas Strip, and owns the property assets of a slew of regional casinos. That makes it a compelling real estate growth story, according to at least one analyst. In a note...
MVB Financial Becoming Premier Bank for Online Betting
MVB Financial (NASDAQ: MVBF), a sleepy West Virginia-based financial institution, is rapidly shedding its image as a small-town bank to become the premier option for the online gaming industry. With a market value of nearly $325 million, MVB Financial resides in micro-cap...
Tilman Fertitta Said to Be Mulling Offer for Washington Commanders
Billionaire Tilman Fertitta is reportedly among the bidders looking to acquire the NFL’s Washington Commanders. He is said to have recently visited the team’s training facility in Ashburn, Va. He has an estimated net worth of $8.1 billion. Fertitta’s Fertitta Entertainment Inc....
Resorts World Las Vegas Sets Profit, Sales Records
In another sign of vibrancy on the Las Vegas Strip, Resorts World Las Vegas posted record earnings before interest, taxes, depreciation and amortization (EBITDA) and sales in the fourth quarter. Genting Berhad -- the Malaysian conglomerate that controls the various Resorts World...
