4505 stories by Todd Shriber
Wynn Resorts Finance Credit Outlook Upgraded by Moody’s
Wynn Resorts’ (NASDAQ: WYNN) finance unit saw its credit outlook upgraded to “positive” from “stable” by Moody’s Investors Service. The research firm maintained a “B1” rating on Wynn’s debt -- four notches into junk territory. Moody’s cited the ongoing recovery in Macau...
RSI CEO Says Trump Unlikely to Push New Gaming Regulations
President-elect Trump and his team are unlikely to prioritize fresh gaming regulations and are likely to take a laissez faire approach to the industry. That’s the take of Rush Street Interactive (NYSE: RSI) CEO Richard Schwartz. Speaking at the Needham Consumer Tech...
Las Vegas Sands Eyes 3-Tranche Loan for Singapore Casino
Las Vegas Sands (NYSE: LVS) is said to be seeking a three-tranche loan for nearly $9 billion for expansion of its Marina Bay Sands casino resort in Singapore. News of the $8.9 billion in borrowing, which would be the largest corporate loan...
Hawk Tuah Girl Hailey Welch Enters Memecoin Mania, Draws Scorn of Crypto Community
Hailey Welch, known to many as the “Hawk Tuah girl,” is joining the memecoin frenzy and some members of the cryptocurrency community aren’t pleased. Welch, who ascended to internet stardom or infamy in June for saying “hawk tuah” and “spit on that...
Thanksgiving Football Feast: $4.5B in Wagers Expected this Week
Thanksgiving and football are the ideal pairing because both are distinctly American, and while sports wagering isn’t a US-only phenomenon, plenty of domestic bettors will feast on football betting along with their turkey this week. In a new report to clients, Macquarie...
Sportradar Launches New AI Advertising Service
Sports betting data provider Sportradar said it’s rolling out a new artificial intelligence-based (AI) audio advertising platform for casino and sportsbook clients. The new generative AI offering complements the Swiss company’s broader multichannel marketing service. Gaming companies, including sportsbook operators, can leverage...
Queens Casino Plan Gains Favor Among Community Boards
A proposed casino hotel project in Queens, NY recently gained some momentum with five local community boards voting in favor of it. Queens community boards 3, 6, 7, 8, and 9 recently voted in favor of the $8 billion Metropolitan Park project,...
BetMGM Streamlines Digital Points Program
BetMGM announced new efficiencies for its reward points program on Monday, with clients now being able to see points accrued in one state in their accounts when they travel to another state. Now, BetMGM rewards points will be viewable in a single...
Ex-Light & Wonder Exec Says Company Asked Him to Alter Financial Reports
A former Light & Wonder (NASDAQ: LNW) employee claims a superior ordered him to falsify financial reports -- allegations that if proven true in court could potentially uncover the skirting of federal securities laws. In a whistleblower suit filed last month in...
Circa Survivor: Commanders Carnage, Missed Entry Loom Large in Week 12
Week 12 of the Circa Survivor contest was eventful, and not just because of the on-the-field results. One of the week’s lowlights was a missed entry -- a devastating blow to the contestant who had survived for 11 weeks. Entering the week,...
