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Todd Shriber
5638 stories by Todd Shriber
Bally’s $302 Million Evoke Takeover Bid May Be Assisted by TPG
Private equity firm TPG rumored to be working on financing to ease Evoke’s debt burden That could ease Bally’s takeover efforts for the William Hill owner Private equity company TPG is reportedly in talks with...
MGM Next Domino to Fall? Casino Stock Soars on Diller Takeover Bid
MGM stock soars as Barry Diller offers $18 billion for the casino operator Diller’s People Inc. is the largest MGM shareholder Offer emerges just days after Tilman Fertitta launched a bid for Caesars Entertainment Shares...
Stifel: Red Rock Selloff ‘Overdone’, Las Vegas Locals Market Still Healthy
Red Rock stock is saddled with a modest year-to-date loss It surged over the past week, indicating investors may be revisiting the name Analyst says investors should focus on 2027 Even with the benefit of...
CBRE: Fertitta’s $17.6B Caesars Deal Unlikely to Face Competing Bids Despite ‘Go-Shop’ Window
Caesars has kicked off a 45-day "go-shop" period to hunt for better offers Wall Street analysts believe the window will yield zero competing bids The massive scale and exact operational overlap with Fertitta’s portfolio make...
Sands CEO Dumont Says Casino Company Not Interested in iGaming
Las Vegas Sands won’t pursue online gaming Company previously had minor investments in the space, but scrapped a related unit last year Dumont wants Sands to focus on land-based integrated resorts Las Vegas Sands (NYSE:...
Prediction Market ‘Combos’ Bigger Losers for Bettors Than Sportsbook Parlays
Prediction market combos lead to larger losses for retail bettors than the parlays offered by traditional sportsbooks Citizens Research estimates retail market participants lose 45% more wallet with combos compared to sports betting parlays Bettors...
AGA: Prediction Markets Pilfering $1B+ in Tax Revenue from States, Tribes
Gaming lobby says states and tribes have missed out on more than $1 billion in tax revenue from prediction markets Prediction markets are federally regulated by the Commodity Futures Trading Commission (CTFC) States are grappling...
Analysts Say ‘Low’ Caesars Buyout Will Lift MGM, Ignite Casino Dealmaking
While Tilman Fertitta’s $31-a-share cash offer represents a significant premium over earlier trading, analysts argue it still undervalues Caesars’ long-term footprint Low or not, the $17.6 billion enterprise deal establishes a firm valuation floor for...
Prediction Market Volume Is Surging—And Leaving Sports Betting in the Dust
Kalshi, Polymarket combined April volume reached $24 billion, according to American think-tank Pew Research Center Average month in 2025 for US sportsbooks was $14 billion in handle terms Sports drove 80% of turnover on Kalshi...
The Next Contender: Rush Street Interactive Signals Entry Into Prediction Markets
Rush Street Interactive recently filed for a designated contract market (DCMs) license That could pave the way for the gaming company to enter the prediction market industry The stock has long been viewed as protection...
