Tag: MGM Resorts International
Big Las Vegas property owner to take full ownership of two casinos
The largest property owner on the Las Vegas Strip is doubling down and taking full ownership of the MGM Grand Las Vegas and Mandalay Bay, which the de [...]
Apple, DraftKings, Biogen, Williams-Sonoma and more
A Biogen facility in Cambridge, Massachusetts.Brian Snyder | ReutersCheck out the companies making the biggest moves midday:Apple — Apple shares fell [...]
FanDuel to new rivals: Good luck with sports betting − you're going to need it
FanDuel CEO Amy Howe is predicting her company will defend and even widen its share of the online sports betting market in the U.S.
www.cnbc.com [...]
Mattress Mack’s record $75 million Astros payout will cost Caesars, Penn big this quarter
Jim "Mattress Mack" McIngvale, of Houston, holds some of the tickets in Atlantic City N.J., Tuesday, Nov. 1, 2022, showing bets he has made on the Hou [...]
Fox loses legal battle to buy FanDuel stake from Flutter at lower valuation
The FanDuel Inc. app.Andrew Harrer | Bloomberg | Getty ImagesFox lost a legal battle to buy an 18.6% stake in sports betting company FanDuel Group fro [...]
Roku, Qualcomm, Etsy and more
A video sign displays the logo for Roku Inc, a Fox-backed video streaming firm, in Times Square after the company's IPO at the Nasdaq Market in New Yo [...]
Caesars, developer SL Green join forces
Video slot machines at Caesars Palace in Las Vegas, Nevada.George Rose | Getty ImagesDeveloper SL Green Realty is working with casino operator Caesars [...]
Fanatics hires finance chief for sports-betting division before launch
Andrea Ellis has been appointed CFO of Fanatics Betting & Gaming.Source: FanaticsFanatics is getting one step closer to launching its highly antic [...]
Service Corporation International is a good stock to own
MGM Resorts International: "I don't really care for that group, but you know what, I think anything can bounce in that business."Rio Tinto PLC: "I do [...]
Casino industry urges federal prosecutors to crack down on illegal operators
American casinos, gaming companies and lawmakers are calling on federal prosecutors to crack down on illegal offshore gambling sites that they say are [...]
Casino stocks take a hit as inflation rocks economy
Shares of casino companies have plummeted even as inflation has soared at rates not seen in four decades and fears of a recession rattle consumers and [...]
Atlantic City smoking ban fight: Worker health vs profits
Legislation pending in New Jersey's statehouse would end the exemption Atlantic City casinos have long enjoyed from a statewide ban on indoor smoking [...]
NBA’s Golden State Warriors plan to be more than a basketball team
Stephen Curry #30 of the Golden State Warriors drives to the basket during the game against the Washington Wizards on March 14, 2022 at Chase Center i [...]
Fanatics aims to be $100 billion company
Michael Rubin arrives at the 2019 Fanatics Super Bowl Party on Saturday, Feb. 2, 2019, in Atlanta.Paul R. Giunta | Invision | APSports e-commerce comp [...]
$3 billion arena, hotel and casino project planned
Las Vegas' sports scene is about to get more crowded.Sports executive and entrepreneur Tim Leiweke's Oak View Group, one of the largest stadium and ar [...]