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Todd Shriber
5660 stories by Todd Shriber
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,...
ESPN, ESPN Bet Debut Accounting Linking
Sports broadcasting giant ESPN and Penn Entertainment’s ESPN Bet announced Friday that customers with accounts on both platforms can now link those accounts for what the companies hope will be a deeper, more entertaining wagering...
DraftKings Earnings: Expect Another Beat, Increased Guidance
DraftKings (NASDAQ: DKNG) steps into the earnings confessional on November 7 and when the sportsbook operator delivers third-quarter results, some analysts expect it will extend its precedent of beating estimates while lifting future forecasts. Stifel...
Aristocrat Brings First $2M Dragon Link Slots to Venetian Las Vegas
A new iteration of Aristocrat Gaming’s beloved Dragon Link slot machines is coming to the Venetian Las Vegas and it could be a life-changer for some lucky bettors. The Australia-based gaming device maker announced today...
Rush Street Interactive Rallies on Upped Guidance, Buyback Plan
Shares of Rush Street Interactive (NYSE: RSI) surged in Wednesday’s after-hours trading session after the gaming company boosted its 2024 earnings guidance while announcing a $50 million share buyback plan. In conjunction with the release...
MGM Continues Buying Back Shares as BetMGM Revenue Soars
MGM Resorts International (NYSE: MGM) delivered third-quarter results today, highlighting to investors its ongoing share repurchase efforts and revenue growth at its BetMGM unit. Helped by its MGM China unit, the Bellagio operator posted record...
Jim Chanos, Short Seller and Democrat Donor, Rips Election Betting Markets
Jim Chanos, one of the most accomplished short sellers in the history of US financial markets, has a bone to pick with election betting platforms and his political leanings might be why. Citing data from...
Caesars Unloading LINQ Promenade for $275 Million
Caesars Entertainment (NASDAQ: CZR) announced that it is selling the LINQ Promenade on the Las Vegas Strip for $275 million as part of the gaming company’s ongoing debt reduction efforts. A joint partnership comprised of...
Las Vegas Q4 GGR Unlikely to Surprise to Upside Amid Tough Comps
Following a tepid September reading of Nevada gross gaming revenue (GGR), some analysts believe there’s limited potential for Las Vegas Strip casino operators to materially surprise to the upside in the fourth quarter. In a...
Aristocrat Wins UAE’s First Gaming Vendor Permit
Aristocrat Gaming, one of the world’s largest manufacturers of slot machines, said it was awarded the first international vender license in the United Arab Emirates (UAE). The permit was granted to the Australian gaming device...
