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Todd Shriber
5659 stories by Todd Shriber
DraftKings Viewed as Bargain Among Gaming Stocks
In DraftKings’ (NASDAQ: DKNG) four-plus years as a standalone publicly traded company, rare have been the occasions that the stock has been considered inexpensive. Those instances arguably don’t exist at all, but at least one...
Investor Jason Ader Jet Sets Around the World While Facing Lawsuits
Jason Ader, the founder of a blank-check company that attempted to bring the Okada Manila casino resort public, is gallivanting around the world while facing litigation, including from his mother, as clients of his hedge...
Real Estate, Sports Betting Lead Next Generation of Gaming Stocks
For decades, the landscape of gaming equities was largely dominated by casino stocks and, to a lesser extent, suppliers. In recent years, that’s changed with significant contributions from online sports betting and real estate companies....
Golden Entertainment Hints at Real Estate Sales
Shares of Golden Entertainment (NASDAQ: GDEN) rose on Friday after executives hinted they’re examining avenues for monetizing the casino operator’s real estate assets. The comments were made on a conference following the company’s third-quarter earnings...
Golden Entertainment Joins Gaming Buyback Boosting Barrage
Golden Entertainment (NASDAQ: GDEN), operator of The Strat casino hotel near the Las Vegas Strip, is the latest gaming company to increase the size of its share repurchase program. In conjunction with the release of...
DraftKings Tumbles After Lowering 2024 Guidance
The house doesn’t always win. DraftKings’ (NASDAQ: DKNG) after-hours tumble proves as much as shares of the online sportsbook operator slid after the company lower its 2024 earnings and revenue guidance, citing good fortune by...
Full House Stock Testing Patience, Long-Term Outlook Bright
As most gaming stocks gained or were mostly flat on Thursday, shares of Full House Resorts (NASDAQ: FLL) sank after the regional casino operator reported weaker-than-expected third-quarter results late Wednesday. In late trading, the stock...
Century Casinos Extends Rally as Analysts See Room for 2025 Upside
After soaring nearly 12% Monday on the back of a solid third-quarter earnings report, Century Casinos (NASDAQ: CNTY) extended that rally on Tuesday, at one point trading at its highest levels since January after analysts...
Dotty’s Operator Wins $3 Million Tax Refund from Nevada Regulator
The Nevada Gaming Commission (NGC) unanimously voted in favor of refunding $3.12 million in overpaid taxes to Nevada Restaurant Services Inc., the operator of the ubiquitous Dotty’s gaming taverns. As part of the settlement, privately...
Bally’s Selling Asia Digital Gaming Operations
Bally’s (NYSE: BALY) said it is selling its Asian interactive gaming business, which also operates in other markets, to a group comprised of executives from the to-be-divested entity. Financial terms of the transaction weren’t disclosed,...
