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Todd Shriber
5762 stories by Todd Shriber
Former Thai PM Thaksin Expects Robust Casino Bidding Process
Former Thai Prime Minister Thaksin Shinawatra said he expects the bidding process to bring casino resorts to the country will be competitive and transparent, adding gaming companies successful in their quests to procure licenses there...
BetMGM Lands iGaming Rights for ‘Family Feud,’ ‘Price is Right’
BetMGM announced it procured intellectual property rights to use “Family Feud” and “The Price is Right” -- two of the most legendary game shows -- on its iGaming platform. The gaming company landed those rights...
MGM Grand Las Vegas Getting $300 Million Upgrade
MGM Resorts International released details of its planned $300 million refresh of MGM Grand Hotel & Casino on the Las Vegas Strip, which will include updates of all of the 4,212 rooms and suites in...
In-Game Wagering Sparks Increased Spending Among Bettors
In-game wagering, also known as live betting, is an impetus for sports bettors to spend more cash, according to a new report. Optimove Insights analyzed 2024 live betting trends in Greece, Italy, Spain, the UK,...
Flutter Stock Could Be Fantastic, Join S&P 500, Says Analyst
Flutter Entertainment (NYSE: FLUT) shed 7.56% over the past month after the FanDuel parent told investors its fourth-quarter and 2024 results would be hampered by customer-friendly outcomes during the NFL season, but analysts remain bullish...
Bally’s Wants Property Tax Discount on Chicago Casino
While its temporary gaming venue struggles, Bally’s is reportedly seeking a property tax discount on its permanent casino hotel in Chicago. The third-largest US city applies a property tax rate of 25% to commercial buildings,...
DraftKings, FanDuel Earnings Could Be Pinched by Maryland Tax Increase Plan
DraftKings (NASDAQ: DKNG) and FanDuel are among the online sports betting operators that could see their earnings sapped if a proposal to double Maryland’s tax rate on that form of betting is passed. Gov. Wes...
Genius Sports Reaffirms 2024 Outlook, Stock Slides on Share Sale
Genius Sports (NYSE: GENI) reaffirmed its 2024 financial guidance on Wednesday, but the stock slumped on news the sports betting data provider is selling shares. In late trading, Genius was off 4% on volume that...
Sands Downgraded as Analyst Sees Good News Priced In
Las Vegas Sands (NYSE: LVS) slipped Tuesday after the stock was downgraded on the basis that much of the positive news out of Macau is priced into the shares. The gaming stock fell 3.99% on...
HG Vora Readies Proxy Fight Against Penn Entertainment
Shares of Penn Entertainment (NASDAQ: PENN) rallied in late trading Tuesday following a regulatory filing by activist investor HG Vora indicating the hedge fund could be readying a proxy fight against the regional casino operator....
