4509 stories by Todd Shriber
Century Casinos Real Estate Optionality Is Stock Catalyst, Says Analyst
Century Casinos (NASDAQ: CNTY) could capitalize on its owned real estate to unlock shareholder value and reduce debt. That’s the take of Stifel analyst Jeffrey Stantial, who highlighted Century's real estate optionality in a new report to clients. The regional casino operator...
Ex-Gov. Rick Perry: Texas Sports Betting Fight Will Continue in 2025
As expected, legislation to put the matter of sports wagering before Texas voters died upon advancing to the state Senate. But former Gov. Rick Perry (R-TX) remains optimistic the issue could be successful in 2025. Now a spokesman for the Texas Sports...
Related Cos. Pitches $10B Hudson Yards Plan, Including Wynn Casino
Real estate developer Related Cos. pitched a $10 billion proposal to develop the western part of Hudson Yards on the West Side of Manhattan, featuring a Wynn Resorts casino as a centerpiece. Related CEO Jeff Blau revealed the plan to the New...
Genius Sports Could Be Hidden Gem Among Sports Betting Stocks
Shares of sports betting data provider Genius Sports (NYSE: GENI) are higher by nearly 57% year-to-date. On May 26, they closed at the highest levels since February. A sell-side analyst believes the stock has more upside ahead. In a recent note to...
Red Rock, Jilted By A’s, Can Still Monetize Stadium Land
Last month, Red Rock Resorts (NASDAQ: RRR) and the Oakland Athletics had a “binding” agreement in place. The deal was regarding Las Vegas land to be developed into a Major League Baseball (MLB) stadium. Until they didn’t. “Binding” turned into “scrapped,” when...
Resorts World Las Vegas to Emphasize Mass Market Following Sluggish Q1
Genting Berhad plans to shift the points of emphasis at Resorts World Las Vegas to mass market players and convention business following tepid first-quarter results at the Strip venue. The $4.3 billion venue, which turns two years old next month and is...
Caesars CEO Tom Reeg Sees Times Square Casino Tax Revenue North of $100M
Caesars Entertainment's (NASDAQ: CZR) Tom Reeg believes the operator’s effort to bring a casino to Times Square in New York City is worth the gamble. He estimates the venue will be a significant source of tax revenue for the state. In an...
Caesars Upgraded as Analyst Sees Decent Risk/Reward
Caesars Entertainment (NASDAQ: CZR) earned a tepid upgrade Thursday, as a sell-side analyst sees a more balanced risk/reward profile emerging with shares of the casino operator. In a note to clients Thursday, Susquehanna analyst Joseph Stauff upgraded the gaming equity to “neutral”...
VSiN Heading to New Hampshire FM Radio in Binnie Media Deal
DraftKings’ VSiN, also known as the Vegas Sports Information Network, is heading to New Hampshire FM radio through a deal with Binnie Media. Financial terms of the agreement weren’t disclosed. New Hampshire-based Binnie describes itself as “New England’s largest locally owned media...
Circa Million, Survivor to Feature Record $14M Payout
Circa Sports’ famed football contests, the Circa Million and Circa Survivor, will have a combined record payout of $14 million this season. The Las Vegas-based casino and sportsbook operator announced in a statement Thursday. This season will mark the fifth iteration of...
