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Todd Shriber
5856 stories by Todd Shriber
Venetian Operator Apollo Joining S&P 500
Apollo Global Management (NYSE: APO), the operator of the Venetian casino hotel and convention center on the Las Vegas Strip, is joining the S&P 500. Index provider S&P Dow Jones Indices made the announcement today...
DraftKings, FanDuel Targeted in Senators’ Antitrust Push
DraftKings (NASDAQ: DKNG) and FanDuel are drawing bipartisan accusations of collusive behavior that could violate US antitrust laws. In a letter to Assistant Attorney General Jonathan Kanter and Federal Trade Commission (FTC) Chairwoman Lina Khan,...
Jim Murren to Lead New Resorts World Las Vegas Board
Resorts World Las Vegas announced the formation of its first board of directors, which will be chaired by former MGM Resorts International CEO Jim Murren. Genting Berhad, parent company of the Las Vegas Strip casino...
Sphere Stock Slides Following Short Recommendation
Shares of Sphere Entertainment (NYSE: SPHR) slipped Thursday after a research firm recommended shorting the recently slumping stock. In a note to clients, Hedgeye analyst Andrew Freedman said the operator of the Las Vegas Strip...
ESPN Bet, Fanatics Making Inroads with Key Demographics
DraftKings and FanDuel are the giants in the US online sports betting market, amounting to a duopoly that controls more than 70% of total wagers, but some rivals are making inroads among key segments. In...
Robinhood CEO Says Broker is Examining Sports Betting
At the company’s investor day on Wednesday, Robinhood (NASDAQ: HOOD) CEO Vlad Tenev said the firm is evaluating avenues to get into sports betting. Tenev told shareholders that the purveyor of the popular investing mobile...
Resorts World Las Vegas Endures Dismal Third Quarter
Citing “an abnormally hot summer in Las Vegas and economic uncertainty in an election year,” the operator of Resorts World Las Vegas disclosed to investors that the third quarter was the casino hotel’s worst three-month...
DraftKings Flirting with Nasdaq 100 Index Inclusion
The annual reconstitution process for the widely followed Nasdaq 100 Index (NDX) commenced last Friday and it’s possible that when the results are released on December 13, DraftKings (NASDAQ: DKNG) will get a promotion to...
Wyoming Could Enter iGaming Fray in 2025
A Wyoming policymaker is expected to reintroduce iGaming legislation in 2025, potentially positioning the state to join the small group that currently permits that form of wagering. On the heels of a gaming expansion study...
Long Island Casino Public Meeting Slated for Dec. 9
Nassau County residents will get their chance to sound off on Las Vegas Sands’ proposal to build a casino hotel at the site of Nassau Coliseum in Uniondale, NY at a public meeting of the...
