3996 stories by Todd Shriber
Genius Sports Stock Could Get NFL Lift, Says Analyst
The 2022 NFL season is in full bloom, and Wall Street expects that to be a catalyst for sportsbook equities. Football could also bring needed relief for technology and data providers, such as Genius Sports (NYSE: GENI). Shares of the sports betting...
MGM, Sands Among Citi’s Top Momentum, Quality Ideas
In what’s been a brutal year for growth stocks, it’s not surprising the consumer discretionary sector -- the home of casino equities -- is flailing. Despite those troubles, some analysts are still backing Las Vegas Sands (NYSE: LVS) and MGM Resorts International...
Marina Bay Sands, RWS Rates Soar as Singapore Waits on F1 Race, Investment Confabs
With Singapore welcoming back major investment conferences and Formula 1, room prices in the city-state are soaring, and that’s benefiting the two integrated resorts there. Room rates at Marina Bay Sands (MBS) and Resorts World Sentosa are soaring in advance of the...
Lids Brings Flagship Store to Las Vegas Strip
Lids Sports Group, the sports apparel retailer known for its expansive line of hats, is open on the Las Vegas Strip. Situated at 3791 S Las Vegas Boulevard, Lids' Las Vegas Flagship is located near several well-known casino resorts, including Bellagio, Harrah’s...
Casino REITs a Standout in Real Estate Sector
Due in large part to rising interest rates, the real estate sector is sagging. But casino real estate investment trusts (REITs) are shining bright amid a challenging macroeconomic environment. The widely followed FTSE Nareit Equity REITs Index is down 20.31% year-to-date. But...
PointsBet, WynnBET Drop NFL Ad Spending
NFL fans watching games on television this year may notice PointsBet and WynnBET are absent from the fray of sportsbook advertisers. Both companies declined to renew “approved sportsbook operators” status with the league for the 2022 season. Last year, PointsBet and WynnBET...
Macau Likely Sticking with Six Casino Concessionaires
Seven groups -- the six established concessionaires and an entity tied to Genting Malaysia -- have submitted bids for Macau gaming permits. Analysts expect the number awarded will be six, however. The emerging consensus is that gaming regulators in the special administrative...
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...
