4480 stories by Todd Shriber
Sands Most Likely to Retain Macau License, Says Morgan Stanley
Las Vegas Sands’ (NYSE: LVS) Sands China unit is the least likely of the six current Macau concessionaires to lose its license in the special administrative region’s (SAR) retendering scheme, according to Morgan Stanley analysts. That’s a critical point for apprehensive investors,...
Westgate Las Vegas Making Teslas Available to Hotel, Timeshare Guests
The Westgate Las Vegas Resort & Casino is making it easier for hotel and timeshare guests to reduce their carbon footprints during visits to Sin City. The operator of the off-Strip venue said Monday it inked an agreement with EV Mobility, LLC...
Washington, DC Councilmember Proposes Competitive Sports Betting Bill
Washington DC’s sports betting app, GamBetDC, has been a dud since it debuted in early 2021. One member of the city council is looking to change that by promoting a competitive bidding process. On Monday, Councilmember Elissa Silverman (I-At Large) proposed legislation...
Millennials, Gen Z Comprise Majority of Sports Bettors, According to Study
The proliferation of online and mobile sports wagering is assisting gaming companies in capturing more business from younger demographics -- namely millennials and Gen Z -- and many of those bettors want to visit brick-and-mortar casinos after wagering online. That according to...
International Game Technology Repurchases 1.35M of Own Shares
International Game Technology (NYSE: IGT) recently repurchased 1.35 million shares, or about $22 million worth of its own stock. The buyback activity occurred across three transactions from September 30 through October 14 in amounts of 765,300, 289,735, and 298,580 shares, respectively. The...
Vince ‘Prince’ Vaughn to Be Face of Caesars iGamng Ads
Actor Vince Vaughn is the latest celebrity to join Caesars Entertainment’s star-studded stable of famous endorsers. The gaming company announced today he’ll be the face of the operator’s online casino advertisements. Occupying the role of “Prince Vaughn,” the Swingers star and poker...
PointsBet Could Be Ideal Sports Betting Takeover Target
Following the rapid departure of Fubo Sportsbook from the sports wagering space, industry observers are turning attention to smaller players that could be takeover targets. PointsBet (OTC:PBTHF) is resurfacing as a name that could be attractive to prospective buyers. In his firm’s...
DraftKings Stock Earns Analyst Support
Wall Street remains divided on DraftKings (NASDAQ: DKNG), but the stock drew support Monday from a pair of analysts. Recently, some analysts turned bullish on the beleaguered gaming stock, citing factors such as encouraging hold data to start the 2022 NFL season,...
Caesars Facing ‘Short Change’ Lawsuit by Louisiana Slots Player
A Louisiana man that frequented Horseshoe Casino and Hotel in Bossier City is suing Caesars Entertainment, alleging the gaming giant for years rounded down on slot machine receipts, short-changing customers out of millions of dollars in the process. The suit was filed...
Caesars Spends $4M on New Sportsbook, Poker Room at Illinois Casino
Caesars Entertainment is spending $4 million on enhancements at the Grand Victoria Casino in Elgin, Ill., an effort resulting in a refurbished sportsbook and a new World Series of Poker (WSOP) poker room. Eldorado Resorts -- the company that acquired Caesars in...
