4507 stories by Todd Shriber
Wynn New York Casino Plan Draws Politicians’ Rebuke
Politicians representing the West Side of Manhattan are voicing opposition to Related Cos.’ development plan for the High Line area, which includes a Wynn Resorts casino hotel. The gaming venue is part of a broader $12 billion development plan pitched by Related...
Musberger Media Buying VSiN from DraftKings
Just over three years after acquiring the Vegas Sports Information Network (VSiN) from Musburger Media, DraftKings (NASDAQ: DKNG) is selling the sports betting radio network back to the original owner. Financial terms of the transaction weren’t disclosed. DraftKings paid $70 million to...
Churchill Downs Price Target Lifted Ahead of Q2 Earnings
Churchill Downs (NASDAQ: CHDN) drew an upward price target revision ahead of its second-quarter earnings report scheduled for July 24 after the close of US markets. Stifel analyst Jeffrey Stantial cited state-level data indicating the gaming company’s live and historical (L&H) horseracing...
Cherokee Nation Chairman Says Not ‘Just Yet’ on Tribe Buying Las Vegas Casino
Cherokee Nation Entertainment, the casino gaming arm of the Native American tribe of the same name, doesn’t operate a Las Vegas venue, but it’s not opposed to the idea over the long-term. In remarks made earlier Saturday at the National Council of...
SuperBook Sports Latest Casualty in US Sports Betting Biz
SuperBook Sports, the sports wagering unit Westgate Resorts, said Friday it is leaving the online sports betting business outside of Nevada. In a post on X, formerly Twitter, the gaming company said that as of 8 pm Eastern time today, bettors with...
Steve Wynn Rumored to be Selling ‘G6’ Private Jet
Wynn Resorts founder and former chairman and CEO Steve Wynn is rumored to be selling his Gulfstream G650ER private jet. Vital Vegas broke the news on Thursday and it has not been mentioned elsewhere. In August 2015 while still at the helm...
Genius Sports Partnering with Musk’s X on New Advertising Product
Sports betting data provider Genius Sports is partnering with X, the social media platform formerly known as Twitter, on the “Trend Genius” product. Trend Genius is designed to deliver advertisements pertinent to real time conversations taking place on X. In a hypothetical...
Sands Long Island Casino Bid Bolstered by Lease Agreement Vote
Las Vegas Sands’ Long Island, NY casino hopes were boosted Thursday as the Nassau County Planning Commission agreed to move forward the gaming company’s lease agreement on Nassau Coliseum. The commission signed off on a 42-year agreement that allows Sands to maintain...
MGM, Caesars Supported by Strip Resilience, Penn Takeover a Stretch, Says Analyst
Las Vega Strip trends remain sturdy and that’s good news for MGM Resorts International (NYSE: MGM) and Caesars Entertainment (NASDAQ: CZR). Looking elsewhere in the gaming industry, a near-term takeover of Penn Entertainment (NASDAQ: PENN) appears unlikely. Those are the takes of...
Monarch Casino Leading Way in Fast-Growing Colorado Gaming Market
Monarch Casino & Resort’s (NASDAQ: MCRI) eponymous gaming venue in Black Hawk, Colo. has established itself as the leader in that rapidly growing regional casino market. Jefferies analyst David Katz said as much in a recent note to clients, observing that Monarch...
