Las Vegas Sands (NYSE:LVS) still sports a junk credit grade of “BB+” from Fitch Ratings. But the research firm pulled the casino operator from its rating watch negative list following recent renewal of the operator’s Macau gaming license. The ratings agency still has a negative outlook on Sands and operating units Sands China, Ltd. (SCL), […]
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Got a thing for Formula 1 and a spare $5 million burning a hole in your pocket? Caesars Entertainment has the solution to your problem. Its “Emperor Package” is the most exorbitant method possible of viewing the Nov. 18, 2023 race, short of personally acquiring one of the casino hotels lining the racetrack. The package […]
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The reign of Elon Musk at the helm of Twitter might be coming to an end soon. That’s after a poll of users showed that most people want him to step down. Oddsmakers were quick to start listing the odds of who might take over. But interest from MrBeast might upset the entire list. The […]
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Jonathan Litt’s Land & Buildings Investment Management, LLC (L&B) is pushing Six Flags Entertainment (NYSE: SIX) to monetize its property holdings. It notes that casino landlords are among the real estate investment trusts (REITs) that could be sensible buyers of the land. In a presentation to investors published earlier this week, L&B revealed it has […]
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This week, a Yonkers, N.Y., man won more than $1 million at Empire City Casino by MGM Reso,rts, according to a news report. It’s the biggest slot jackpot at the casino so far this year and is believed to be the biggest slot jackpot at the gaming property in about three years, Patch reported. The […]
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The Nevada Gaming Commission on Thursday approved an amendment to regulations designed to protect the state’s gaming industry from cyberattacks that could cripple operations and breach customer information. The regulation, which goes into effect on January 1, requires operators to report all successful breaches to gaming regulators within 72 hours of the breach. It also […]
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The FIFA World Cup finished in spectacular fashion when Argentina took down the reigning champion French squad with penalty kicks. Although the games are over, there are still illegal betting operations wrapping up their activity. Legal sportsbooks had a field day on this year’s World Cup. The final was the second-most popular betting event of […]
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Two players at Caesars Palace recently won $100K each. One was playing a slot machine while the other won while hitting a royal flush while playing video poker. The Las Vegas Strip gaming property announced the two wins via Twitter on Wednesday. Both winners are Caesars Rewards members. Caesars Place is operated by Caesars Entertainment. […]
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The Arizona Cardinals can’t catch a break in the injury department, and have no choice except to start third-string quarterback Trace McSorley against the Tampa Bay Buccaneers on Christmas night. Colt McCoy hasn’t cleared the concussion protocol, so McSorley is the next man up on the depth chart. McCoy was only starting in place of […]
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It’s no myth that the mafia controlled the Las Vegas casino business from the mid-’40s until at least the late-’70s. The myth is that they buried hundreds of bodies in the Las Vegas desert while doing so. “That is a reputation that Las Vegas has, like, you walk around outside, out in the desert in […]
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