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Todd Shriber
5660 stories by Todd Shriber
Red Rock Has Margin Durability, Says Analyst
Red Rock Resorts (NASDAQ: RRR) has structural tailwinds that bode well for the casino operator’s margin durability -- something at least one analyst believes investors aren’t giving the gaming company enough credit for. In a...
Casino Operators Face Limited Near-Term Debt Maturities
Running casinos is a capital-intensive business, which explains why so many operators carry substantial debt burdens. But the good news is that many of the largest names in the industry aren’t facing significant near-term maturities....
Regulated NFL Bets Could Reach $35B This Year, Says AGA
The 2024 NFL season starts Thursday and when it comes to betting, it’s expected to be a record-breaker. The American Gaming Association (AGA) estimates that bettors will wager $35 billion on NFL games this year...
Kambi Refutes Rumor of Potential Takeover by Genius Sports
Kambi Group Plc (OTC: KMBIF), a provider of technology services to sportsbook operators, denied that it's engaged in takeover discussions with Genius Sports (NYSE: GENI). Speculation recently surfaced that Genius, a data provider to sportsbooks,...
Sphere Production Costs, Scalability Issues Prompt Sell Rating
Citing elevated production costs and issues with expansion, an analyst tagged Sphere Entertainment (NYSE: SPHR) stock with a “sell” rating. In a report to clients issued on Tuesday, Benchmark analyst Mike Hickey hit Sphere with...
Hawk Tuah Girl Hailey Welch Inks Podcast Deal with Betr
Hailey Welch who became a viral sensation as “Hawk Tuah girl,” is wading into the world of sports betting, inking a podcast deal with Jake Paul’s Betr. Miami-based Betr has market access for online sports...
Flutter Entertainment Praised in New Coverage by Morningstar
Flutter Entertainment (NYSE: FLUT) won kudos in new coverage by Morningstar, with the research firm lauding the gaming company’s capital allocation, in-house product development, and risk management assets, among other points. In a note out...
Full House Resorts Sells Fallon, Nev. Casino for $9.2 Million
Full House Resorts (NASDAQ: FLL) said Tuesday it's selling Stockman’s Casino in Fallon, Nev. to Clarity Game LLC for $9.2 million. The deal includes the land, building, and select other operating assets. It’s a two-pronged...
FanDuel Reclaims OSB Lead, Promo Activity Ticks Up Due to Football
With most states having reported online sports betting (OSB) data for July, Flutter Entertainment ‘s (NYSE: FLUT) FanDuel unit regained the top spot in terms of market share from DraftKings (NASDAQ: DKNG). That according to...
BetMGM to Boost Responsible Betting Ads at NFL Stadiums
September is Responsible Gaming Education Month and BetMGM and 50% owner MGM Resorts International are again with working with the American Gaming Association (AGA) to promote accountable wagering practices. The casino giant and the online...
