4505 stories by Todd Shriber
Red Rock Delays Durango Opening to Dec. 5
Red Rock Resorts (NASDAQ: RRR) announced Tuesday that it's pushing back the opening of the Durango Casino and Resort, the newest addition to the operator’s Las Vegas portfolio, to December 5 from November 20. The November 20 opening of the $750 million...
Genius Sports, Sportradar Seen Benefiting from Florida Sports Betting
Sports wagering data providers Genius Sports (NYSE: GENI) and Sportradar (NASDAQ: SRAD) are seen as potential beneficiaries of regulated sports betting going live in Florida. In a report to clients on Tuesday, Craig-Hallum analyst Ryan Sigdahl highlighted Genius and rival Sportradar as...
Steve Cohen Floats $8B Queens Casino Plan Dubbed ‘Metropolitan Park’
New York Mets owner Steve Cohen finally unveiled plans for a casino development near Citi Field in Queens, NY, pitching an expansive $8 billion project known as “Metropolitan Park.” The founder of hedge fund Point72 Asset Management wants to turn the Willets...
Mark Cuban Still Wants DFW Casino, Says He’d Partner with Sands
Dallas Mavericks owner Mark Cuban has reiterated his view that Dallas-Fort Worth would be an ideal market for a casino resort. He did so while urging Texas lawmakers to reconsider their views on casino gaming. In remarks at Chase’s Make Your Move...
FanDuel CEO Amy Howe Forecasts Profitability Amid Rising Competition
FanDuel CEO Amy Howe recently reiterated that the largest U.S. online sportsbook operator will be profitable this year, while acknowledging an increasingly competitive landscape. The unit of Flutter Entertainment (OTC: PDYPY) was profitable in the first half of this year, and Howe...
DraftKings King of Online Gaming Stocks, Says Analyst
Fresh off a 26.69% gain this week, which extended its year-to-date rise to 196.31%, DraftKings (NASDAQ: DKNG) is royalty among online gaming equities. That’s the sentiment of Macquarie analyst Chad Beynon, who, in a new note to clients, anointed the sportsbook operator...
Las Vegas Sands Files for Mixed Shelf, Could Sell Debt
Las Vegas Sands (NYSE: LVS), the largest casino operator by market capitalization, today filed a Form S-3 with the Securities and Exchange Commission (SEC), indicating the operator is potentially readying the sale of corporate securities. Companies use the Form S-3 to declare...
Evolution Group Could Be Player in Live Dealer M&A, Says Research Firm
With its share of the US live dealer market slipping, Evolution Group (OTC: EVVTY) could participate in industry consolidation either as a buyer or seller. That’s the take of Eilers & Krejeck Gaming (EKG), which noted in a new report the Swedish...
Circa Sports to Run Silverton Casino Sportsbook
Circa Sports is expanding its Las Vegas footprint, assuming operation of the race and sportsbook at the Silverton Casino Lodge in suburban Las Vegas on Jan. 1, 2024. The race and sportsbook at Silverton, considered a Las Vegas locals casino, is currently...
Bally’s Paid $60M for Trump Golf Course Lease, Says Trump Jr.
Bally’s (NYSE: BALY) paid the Trump Organization $60 million to acquire the lease on Trump Golf Links at Ferry Point in the Bronx, NY, according to testimony given Thursday by Donald Trump Jr. The former president’s son and his brother Eric testified...
