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Todd Shriber
5762 stories by Todd Shriber
Macau Investor Scooping Up Shares of Star Entertainment
Macau businessman Wang Xing Chun has been gobbling up shares of Star Entertainment, even as the Australian casino operator is pushed to the brink of insolvency. After recently acquiring AU$1.7 million worth of Star shares,...
IGT Stock Could Gain Clarity from Italian Lottery RFP
Shares of International Game Technology (NYSE: IGT) have shed a third of their value over the past year, but the sagging stock could benefit from some clarity from the Italian lottery, one of the company’s...
CFTC Expected to Scrutinize Crypto.com Sports Contracts
The Commodities and Futures Trading Commission (CFTC) is said to be considering an examination of Crypto.com’s recently unveiled sports event contracts, but that’s unlikely to interfere with the brokerage firm’s plans to offer derivatives on...
Wynn Praised for Strategy of Crown London Buy
Last week, Wynn Resorts (NASDAQ: WYNN) announced the acquisition of the Crown London, a small, private casino in the Mayfair District, and while it’s not the typical property-level purchase executed by a US gaming value,...
iGaming Legalization Won’t Resemble Sports Betting, Says Expert
A new year is here and with it comes optimism that more states will approve iGaming, but one industry expert believes the cadence of such approvals will not resemble what was seen with online sports...
Eli, Peyton Manning to Star in FanDuel ‘Kick of Destiny’ Commercials
Eli and Peyton Manning will be the stars of the third iteration of FanDuel’s “Kick of Destiny” advertising campaign, which allows the sportsbook’s clients to win an equal share of $10 million if they select...
Star Entertainment Staring Down Liquidity Crisis
Shares of Star Entertainment Group tumbled to another all-time low on Thursday as the Australian casino operator faces a liquidity crunch and crisis of confidence among its lenders. In a report out Thursday, Morningstar analyst...
Wynn Buying Crown London Casino from Crown Resorts
Wynn Resorts (NASDAQ: WYNN) announced late Thursday that it’s purchasing the famed Crown London casino from current operator Crown Resorts. Financial terms of the transaction, which is expected to close in the second half of...
Wynn Ranked Most Prestigious Las Vegas Casino Hotel
Wynn Resorts’ eponymous venue on the Las Vegas Strip is synonymous with glitz and luxury and it has the accolades to prove it. In its latest ratings, Luxury Lifestyle Magazine ranked The Wynn as the...
DraftKings Likely Hit By Same Q4 NFL Issues as FanDuel, Says Analyst
DraftKings (NASDAQ: DKNG) is likely to have caught the same cold as rival Flutter Entertainment (NYSE: FLUT), which warned investors on Tuesday that its fourth-quarter and 2024 earnings and revenue will come in below previously...
