Areas of Expertise
4480 stories by Todd Shriber
Japan Casinos Can Draw MICE Inspiration from Singapore
Japan’s yet-to-be-built integrated resorts can take pages from the meetings, incentives, convention and exhibition (MICE) playbook used by counterparts in Singapore. That’s the sentiment of Schroders Capital. In a recent paper, Andrew Haskins, head of strategy and investor advisory, real estate for...
FanDuel Tops Q3 Sports Betting App Rankings
After tussling with and ceding the top spot to rival DraftKings in the second quarter, FanDuel’s sports betting mobile application ranked tops among such offerings in the July through September period. That’s according to research firm Eilers & Krejcik Gaming's third-quarter rankings,...
Golden Entertainment Can Shine Among Casino Stocks
Golden Entertainment (NASDAQ: GDEN) stock is drawing sell-side praise as a potential star in the making among casino equities. In a note to clients today, CBRE Equity Research analyst John DeCree resumed coverage of the Strat operator with a “buy” rating and...
Caesars, SL Green Teaming Up on Times Square Casino Bid
Caesars Entertainment announced it's partnering with SL Green Realty on a redevelopment effort at 1515 Broadway in Times Square, including a bid for a New York City casino permit. In promising to spur New York’s economic recovery from the coronavirus pandemic while...
Monarch Casino Eyeing Atlantis Reno Enhancements, Possible Dividend
Monarch Casino & Resort (NASDAQ:MCRI) announced today it is planning to renovate the second hotel tower at Atlantis Casino Resort Spa Reno early next year and is mulling paying a dividend. The gaming company made those declarations in conjunction with reporting record-breaking...
Las Vegas Sands Q3 Results Supported by Singapore, Hindered by Macau
Third-quarter results for Las Vegas Sands (NYSE: LVS) are a repeat for investors: Strength in Singapore while headwinds remained in Macau. After the close of US markets Wednesday, the gaming company reported a loss of 27 cents a share on sales of...
Boyd Gaming Wins Approval for New Henderson Casino
Boyd Gaming has the green light to move forward with building a new Jokers Wild Casino on Boulder Highway in Henderson, Nevada. On Tuesday, the city council there voted 4-1 in favor of allowing Boyd to proceed with a new iteration of...
Las Vegas Hotel Business, Leisure Revenue to Exceed Pre-Pandemic Levels in 2022
Las Vegas hotel revenue generated from business and leisure travelers this year will exceed pre-coronavirus pandemic levels, making the US casino mecca one of a small number of domestic cities to check both boxes. In the travel and leisure industry, airlines, hoteliers...
Gaming Industry Not Yet Reflecting Recession, Says Analyst
Recent GDP data suggest the US economy is already meeting the traditional definition of a recession -- two consecutive quarters of negative growth. But if the recent Global Gaming Expo (G2E) is an accurate indication, the gaming industry isn’t yet feeling adverse...
Bally’s Strikes Labor Accord for Chicago Casino
Bally’s Corp. announced it has signed multiyear labor agreements with local unions in Chicago, all pertaining to the construction of the gaming company’s $1.7 billion integrated resort. The Rhode Island-based casino operator said it struck a project labor agreement (PLA) with the...