4507 stories by Todd Shriber
DraftKings And Fanatics Nearly Sealed Massive Merger, Now Rivals
DraftKings (NASDAQ: DKNG) and Fanatics are rivals in the sports betting universe -- so much so that they’re both vying for PointsBet’s (OTC: PBTHF) US operations -- but once upon a time, the two companies nearly merged. The New York Post reported...
Red Rock Resorts Planning Major Green Valley Ranch Renovations
Starting with the opening of the new Polaris Bar, Red Rock Resorts is kicking off significant enhancements to its Green Valley Ranch Resort Spa & Casino in Henderson, Nevada. The operator said it is bringing a new restaurant row to the venue,...
Southwest to Offer Overnight Layovers in Las Vegas
Travelers usually aren’t fond of layovers, and those of the overnight variety are even more onerous. But if an overnight layover is necessary, there are worse places to do it than in Las Vegas. Southwest Airlines is making that possible. The carrier...
Circa Sports Ultimate Contest Weekend Returning in August
Circa Sports’ celebrated football contests, the Circa Million and Circa Survivor, are returning this year with an all-time high combined payout of $14 million. And, with that, comes another edition of the operator’s “Ultimate Contest Weekend.” The 2023 iteration of the event...
WynnBET Makes Debut in West Virginia
Wynn Resorts’ (NASDAQ: WYNN) WynnBET unit announced Thursday that its internet casino and online sports wagering offerings are live in West Virginia. Bettors in that state can download the WynnBet app through the Apple and Google Play stores or register for an...
Macau June GGR Could Surprise to Upside, Says Analyst
Macau’s June gross gaming revenue (GGR) could potentially surprise to the upside after the May figure reached the highest level since January 2020. In a new report to clients, Roth MKM analyst Edward Engel said Macau’s GGR report for the sixth month...
Genting Miami Property Sale Falls Apart as Commercial Real Estate Risk Rises
Genting Malaysia’s planned $1.23 billion sale of 16.5 acres of prime South Florida real estate was slated to be one of the largest commercial property transactions in the region’s history. Now, the deal is off. In a Thursday filing to Malaysian securities...
Illinois Casino Outlook Steady as New Supply Comes to Market
Outside of Nevada, Illinois is one of the largest land-based casino markets in the US -- heft that’s increasing with new venues coming online. A sell-side analyst sees vibrancy in the state’s gaming industry. That’s relevant at a time when Danville, Rockford,...
Macau Recovery Brisker Than Expected, Says Citigroup
Some analysts and gaming industry observers are concerned about tepid levels of visitation to Macau. But Citigroup suggests investors filter out the noise and focus on what are increasingly sturdy fundamentals of the six concessionaires. In a recent note to clients, Citi...
Bally’s Temporary Chicago Casino Stirs Crime, Traffic Fears
Last week, the Illinois Gaming Board (IGB) approved Bally’s plan to build a temporary casino at Medinah Temple in Chicago’s River North neighborhood. But locals are fearful the gaming venue will cause increased crime and traffic congestion. The Rhode Island-based gaming company...
