5521 stories by Todd Shriber
MGM Stock Risk/Reward Points to Upside, Says Analyst
Las Vegas Strip growth likely to be a second half story That growth can be achieved without a resurgence among value customers Analyst says MGM’s digital, regional casino and Macau businesses are healthy MGM Resorts International (NYSE: MGM) stock is higher by...
Flutter Stock Called an Undervalued Consumer Cyclical Name
The stock is off 51% in 12 months It trades a deep to discount to a research firm’s fair value estimate Analyst sees compelling long-term outlook With the stock off 50.91% over the past year, it might be difficult for some market...
Kalshi Lands 3 Trump-Appointed Judges in Ninth Circuit Case
It’s a consolidated case also involving Crypto.com and Robinhood The case is those prediction market operators’ appeal on a Nevada court ruling declaring event contracts to be a form of betting Kalshi scored a big win today in the Third Circuit Court...
Playtika Stock Soars as Company Announces Strategic Review
It’s the second time in four years the company announced a strategic review The mobile games developer hired Morgan Stanley to lead the effort Playtika cut staff earlier this year Playtika (NASDAQ: PLTK) shares surged on April 6 after the Israeli gaming...
Sands Downgraded By Jefferies Amid Premium Mass Push in Macau
Jefferies downgrades Las Vegas Sands to “hold” from “buy” Analyst says company’s near-term earnings profile lost some luster He reduced his price target on the stock by 15% Shares of Las Vegas Sands (NYSE: LVS) traded lower on April 6, after market...
Robinhood Success Could Stir Sportsbook/Brokerage M&A
Robinhood super app approach could spur similar moves in the sports betting space That could include gaming operators examining smaller digital brokers as possible takeover candidates Wallet value on the Robinhood super app is far higher than on traditional sports betting platforms...
Jeffries Analyst: Casino Landlords Among REIT Dividend ‘Hall of Famers’
Gaming and Leisure and VICI are among Jefferies’ REIT dividend hall of famers The duo appear on the research firm’s Elite Eight of real estate payout stocks GLPI advanced to the Final Four Borrowing some NCAA Tournament and other sports-related phrases, Jefferies...
Sensor Tower: Kalshi’s Rise Could Stoke Mid-Tier Sportsbook M&A
Kalshi experienced a boom in Q1 monthly active users, reports Sensor Tower Sportsbooks, including some large ones, lost ground Mid-tier sportsbook operators could consider combinations to protect market share Kalshi added monthly active users (MAUs) at a brisk pace in the first...
CFTC Sues Illinois Over State’s Plan to Regulate Prediction Markets
It’s the first time the feds have sued a state relating to prediction markets regulation Federal preemption is a cornerstone of the commission’s case against the state The CFTC wants the court to rule that federal laws supersede state gaming regulations The...
Analyst: DraftKings May Have Q1 Tailwinds But 2026 Guidance Reachable
A pair of upsets may have provided some relief for DraftKings Analyst lifts Q1 EBITDA estimate to $154 million Says company’s full-year guidance is attainable The NCAA's March Madness Tournament is likely to have a neutral impact on DraftKings’ (NASDAQ: DKNG) first-quarter...
