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Todd Shriber
5660 stories by Todd Shriber
FDU Study Says Young Men Vulnerable to Online Betting Problems
A new study by Fairleigh Dickinson University (FDU) says the proliferation of online wagering, including sports betting, over the past several years has exacerbated worrisome patterns in certain demographics, including young men. The report by...
Caesars Long-Term Bonds Look Appealing, Says Analyst
The Federal Reserve’s recent interest rate cut coupled with Caesars Entertainment’s (NASDAQ: CZR) ongoing debt reduction efforts are among the reasons the casino operator’s longer-dated bonds could be appealing to income investors. In a new...
Opposition Group Mad About LVS Outsourcing Nassau Coliseum Obligations
A group that’s consistently opposed the idea of a casino hotel on Long Island is decrying Las Vegas Sands’ outsourcing of operational duties for events at Nassau Coliseum -- the site of the company’s proposed...
High Roller Technologies Cuts IPO Size by 26%
High Roller Technologies, a Las Vegas-based iGaming operator, trimmed the size of its proposed initial public offering (IPO). In an amended Form S-1 filing with the Securities and Exchange Commission (SEC) released Thursday, High Roller...
Wynn Investors Receive $70M in Securities Fraud Lawsuit
Wynn Resorts (NASDAQ: WYNN) and some former executives of the gaming company agreed to pay investors $70 million for their alleged roles in covering up the sexual misdeeds of founder and former CEO Steve Wynn....
OpenBet Could Sell at Steep Discount, Says Research Firm
Endeavor Group Holdings, Inc. (NYSE: EDR) is shopping its OpenBet and IMG Arena sports betting data businesses and the former could sell for a significant discount to the price the seller originally paid. Endeavor is...
Playtika Paying Up to $1.25B for SuperPlay
Mobile games developer Playtika (NASDAQ: PLTK) said Wednesday it’s paying $700 million to acquire rival SuperPlay, with an additional contingent consideration that could bring the purchase to $1.25 billion. The boards of both Israel-based companies...
Circa Unveils ‘Survivor Empathy Package’ After Havoc Hits NFL Pool
With two weeks of the NFL season in the books, the Circa Survivor pool has been pared dramatically. So much so that the gaming company is offering losers an empathy package, which includes free rooms...
MGM Has Capital to Execute Big Projects, Analysts Say
MGM Resorts International (NYSE: MGM) has the financial resources and access to capital needed to execute multiple new casino hotel projects over the medium term. That’s the take of CBRE Credit Research Colin Mansfield and...
MLBPA Sues Bet365, DraftKings Over Unauthorized Use of Player Images
The Major League Baseball Players Association (MLPBA), the union representing the league’s athletes, is suing four gaming companies, including Bet365 and DraftKings, over what it believes is unauthorized use of players’ names, images, and likenesses...
