4348 stories by Todd Shriber
Wynn Resorts Named to 50 Community-Minded Companies List
Civic group Points of Light named Wynn Resorts to the Civic 50 list for the third consecutive year. The list is comprised of the 50 most community-minded companies based in the US. In order to qualify for the rankings, firms must generate...
Sands China, Wynn Macau Not Pressured to Resume Dividends
The three Macau concessionaires controlled by US-based casino operators aren't under pressure to resume dividend payments to their parent companies over the near term, according to a major global ratings agency. S&P Global Ratings director of corporate ratings Melissa Long and Associate...
Bally’s Trump Links Casino Plan Beset by Bureaucratic Delays
Time isn’t on the side of Bally’s in its plan to develop 17 acres at Trump Golf Links in the Bronx into a casino hotel. The Rhode Island-based regional casino operator and the Trump Organization, the business entity controlled by former President...
Las Vegas Sands Wins Lease Approval for Nassau Coliseum
Nassau County policymakers overwhelmingly approved a lease accord that could pave the way for Las Vegas Sands to build a casino hotel at the Coliseum site in Uniondale, NY. In a late Monday vote, the Republican-controlled Nassau County legislators voted 17-1 in...
Super Group SPAC Facing Shareholder Lawsuit
An investor is suing the founders of the special purpose acquisition company (SPAC) that merged with sportsbook operator Super Group (NYSE: SGHC). He alleges the executives enriched themselves while setting ordinary shareholders up for failure. In a complaint filed last week in...
Las Vegas Strip Showing No Recession Signs, Says Analyst
There are concerns about the strength of the US economy, and those worries will only be amplified if a resolution on the debt ceiling isn’t reached. But for now, there are no signs of macroeconomic distress on the Las Vegas Strip. Stifel...
New York Lawmaker Temporarily Blocks Citi Field Casino Plan
New York Mets owner Steven Cohen’s plan to develop a casino on land near Citi Field has suffered a temporary setback. A New York lawmaker said she won’t introduce a bill altering the designation of property in the Willets Point area. New...
DraftKings Stock Still Has Plenty of Upside, Says Analyst
DraftKings (NASDAQ: DKNG) stock has already more than doubled to start 2023, but at least one analyst sees shares of the sportsbook operator delivering more upside. In a note to clients today, UBS analyst Robin Farley says the gaming stock has more...
Fanatics Won’t Run Apparel Bonus Promo in Massachusetts Following Ohio Flap
Should it launch mobile sports wagering later this month in Massachusetts as expected, Fanatics won’t offer clients promotional bets tied to apparel. That's after a similar gambit drew the ire of Ohio regulators earlier this week. In Ohio, Fanatics offered buyers of...
Light & Wonder Stock Heading to Russell 2000 Growth Index
Light & Wonder (NASDAQ: LNW) stock earned a noteworthy index promotion, as FTSE Russell announced Friday that shares of the gaming device manufacturer will soon be added to the widely followed Russell 2000 Growth Index. That gauge is currently comprised of 1,092...
