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Todd Shriber
5750 stories by Todd Shriber
Playtika Stock Dips on Report It May Sell SuperPlay to Tencent for Up to $1.5B
Shares of Playtika (NASDAQ: PLTK) tumbled Monday (July 20) following reports the mobile gaming company is in talks to sell its SuperPlay unit to Tencent (OTC: TCEHY) in a deal worth up to $1.5 billion....
Polymarket Leads World Cup Odds as Prediction Markets Capture 27% of Betting Volume
Polymarket offered superior pricing throughout the World Cup, marking the second consecutive major sporting event in which a prediction market exchange beat legacy sportsbooks on price. Polymarket was the pricing leader during the World Cup,...
Rush Street Interactive Stock Scoring World Cup Goals
The World Cup winner will be crowned today, but in terms of the intersection of the tournament and sports wagering stocks, there’s already a clear winner: Rush Street Interactive (NYSE: RSI). The Rush Street Interactive...
Michael Burry Adds to DraftKings Stake, Says Thesis Unaltered
Famed investor Michael Burry disclosed Friday (July 17) that he has increased his recently initiated long position in online sportsbook giant DraftKings (NASDAQ: DKNG). Michael Burry said on July 17 that he added to his...
Underdog Debuts Prediction Market on In-House Exchange
Underdog, the sports gaming company that disrupted daily fantasy sports (DFS), has launched a wholly-owned prediction market exchange. The move allows the company to control a greater share of the economics behind trading event contracts....
Prediction Market Crypto Volume Surges 44x So Far in 2026
Prediction market crypto volume is exploding, even as major digital currencies remain well below their historical peaks. Cryptocurrency event contracts volume is soaring on prediction markets. (Image: Shutterstock) In just seven months, cryptocurrency turnover on...
Prediction Market Startup Pascal Lands $9M in First Funding Round
Pascal closed $9 million in Series A financing as the startup prediction market looks to compete with the industry’s big boys. Pascal, a startup prediction market, landed $9 million in Series A financing. (Image: Shutterstock)...
Gaming Corporate Bonds Crimped by Rise of Prediction Markets
Amid perceived rising competitive pressures from prediction markets, credit investors are demanding more compensation to own corporate debt issued by casino and sportsbook operators. The Las Vegas Strip. Investors are demanding more compensation to own...
Stifel: Wynn Stock ‘Seems Crazy’ As It Assigns Nearly No Value for Macau, UAE
Shares of Wynn Resorts (NASDAQ: WYNN) are off 18% year-to-date while the S&P 500 is hovering around a double-digit gain as investors fret about the gaming company’s United Arab Emirates (UAE) project and weakness in...
Penn Tapped as Top Regional Casino Stock as Churchill Downs Mulls Gaming Exit
Second-quarter earnings season kicks off in earnest for casino stocks next week. Penn Entertainment (NASDAQ: PENN) is scheduled to report on Thursday, Aug. 6. Ahead of the release, one research firm named the stock one...
