Areas of Expertise
4507 stories by Todd Shriber
Circa Boss Stevens Raffling Off Two Spots on Private Jet for NFC Title Game
Circa founder Derek Stevens knows marketing and he’s tapping into his vast reservoir of customer attraction knowledge by leveraging his private jet and bettors’ enthusiasm for Sunday’s NFC Championship game. Stevens owns the D and the Golden Gate in downtown Las Vegas...
DraftKings Hires Amazon Exec Credited with ‘Thursday Night Football’
On Thursday, DraftKings (NASDAQ: DKNG) announced the hiring of Marie Donoghue as chief business and growth officer. Donoghue joins the gaming company from Amazon (NASDAQ: AMZN), where she was one of the architects who brought Thursday Night Football to Amazon Prime’s streaming...
Barstool, DraftKings Partnership Could Be Interesting, Says Analyst
On Wednesday, reports surfaced that Barstool Sports and DraftKings (NASDAQ: DKNG) are in advanced talks regarding a marketing agreement. While the partnership -- which could be announced soon after the Super Bowl -- is expected to be basic, it amounts to Barstool...
Sands Projects $6B Cost for New York Casino, Reiterates Texas Interest
Las Vegas Sands (NYSE: LVS) has said that should it be awarded a New York casino license, construction costs on the Nassau County venue could reach $6 billion. The largest gaming company by market capitalization also reiterated its interest in Texas. Executives...
Sportradar Reaffirms Outlook, Unveils New Corporate Structure
Sports betting data provider Sportradar (NASDAQ: SRAD) affirmed its fiscal 2023 guidance on Wednesday, while telling investors its organizational structure will focus on six segments. Sportradar provides data to sportsbook operators, which is an essential part of the wagering equation, particularly as...
Caesars Selling $1.5B in Bonds, Gets Access to New $2B Term Loan
Caesars Entertainment (NASDAQ: CZR) said Wednesday that it’s selling $1.5 billion worth of corporate debt to qualified institutional buyers in a private placement. Proceeds from the sale of those bonds, which mature in 2032, along with a portion of a newly accessed...
Barstool Sports, DraftKings Rumored to Be in Partnership Talks
David Portnoy’s Barstool Sports and DraftKings (NASDAQ: DKNG) are reportedly in advanced discussions regarding a marketing partnership. That could see the sports media entity reenter the betting space following its recent divorce from Penn Entertainment (NASDAQ: PENN). Sportico reported Wednesday that Barstool...
Red Rock Resorts Price Target Raised on Las Vegas Locals Strength
Red Rock Resorts (NASDAQ: RRR) continues to be favored by sell-side analysts, another of whom has raised the price target on the casino operator. Citing strength in the Las Vegas locals segment and potential upside to be accrued from the new Durango...
Bally’s, Chicago Should Redo Casino Approval Process, Says Editorial
It was revealed last week that Bally’s will have to construct a hotel tower for its permanent Chicago casino in a new location because of municipal water pipes under Chicago Tribune’s Freedom Center. Shifting the location of the proposed 100-room hotel is...
Fontainebleau Las Vegas Sheds Fourth Exec in a Month
Fontainebleau Las Vegas has been open for roughly a month, and it’s already making an ominous habit of losing high-ranking executives. The new Strip venue confirmed Tuesday that Vice President of Revenue Management Angie Dobney is no longer with the resort. She...