3969 stories by Todd Shriber
Wynn Stock Has Double Potential, Says Analyst
Wynn Resorts (NASDAQ:WYNN) was Thursday’s best-performing casino stock, surging 7.48% on volume that was more than double the daily average. That's after an analyst said the shares can nearly double. In a note to clients today, Credit Suisse analyst Benjamin Chaiken restarted...
Disney CEO Bob Chapek Sees Sports Betting in ESPN Future, But Not as Bookmaker
Walt Disney (NYSE: DIS) CEO Bob Chapek reiterated he sees sports wagering in ESPN’s future, but added the sports media entity won’t be directly involved in bookmaking. Chapek made the remarks yesterday at the Goldman Sachs Communacopia + Technology Conference. In response...
Amazon Partnership Could Be Boon for DraftKings Same-Game Parlay Efforts
Earlier this week, DraftKings (NASDAQ:DKNG) announced it’s the official partner of Amazon’s (NASDAQ:AMZN) Thursday Night Football broadcast. At least one analyst says the accord could have meaningful implications for the sportsbook operator’s same-game parlay offerings. Under the accord's terms, the gaming company...
Genting Shocker as Casino Company Throws Hat in Macau Ring
Genting Malaysia stunned the gaming industry with an 11th-hour bid to procure a Macau casino license. The submission period for new concessions in the special administrative region (SAR) closed today. Just hours before the deadline arrived, a woman representing an entity known...
Ader Says Okada Manila US Listing Can Still Happen in 2022
26 Capital (NASDAQ:ADER) CEO Jason Ader says that despite swirling controversy, merger completion and the subsequent US listing are still in the cards for Okada Manila this year. Ader’s firm is the special purpose acquisition company (SPAC) the Philippine integrated resort operator...
Circa Survivor Pool Sheds 56% of Entries in Week One
The first week of the 2022 NFL season was marked by a common theme: Upsets. That had a profound impact on the Circa Survivor landscape. Last Saturday was contestants' final day to enter the famed football contest, and when the closing bell...
Wynn Macau Announces Bid for 10-Year Casino Permit
Wynn Macau said today it is bidding for a decade-long gaming permit in the special administrative region (SAR). The operator of its namesake integrated resort and Wynn Palace noted in a filing with the Hong Kong Stock Exchange (HKSE) that it expects...
Las Vegas Sands Named Top Q3 Casino Stock Idea by Research Firm
The third quarter is drawing to a close, and Las Vegas Sands (NYSE: LVS) is earning some praise as the top casino stock. That’s the sentiment of research firm Bernstein, which is similarly constructive on Sands China -- the US parent company’s...
Stacey Abrams Looking to Sports Betting, Bulldogs Football in Georgia Governor Race
Georgia Democrat gubernatorial nominee Stacey Abrams is again attempting to leverage the issue of sports betting as part of her bid to unseat incumbent Republican Gov. Brian Kemp. Abrams unveiled a new online campaign ad to capitalize on the start of the...
Mattress Mack Rolling Out Sports Media Site with Eye on Wagering Content
Jim "Mattress Mack" McIngvale is wading into the sports media industry, and is likely to use that platform to later launch a sports wagering content property. The furniture magnate, who's become popular among sportsbook operators because of his penchant for big wagers...
