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Todd Shriber
5857 stories by Todd Shriber
Aristocrat Brings First $2M Dragon Link Slots to Venetian Las Vegas
A new iteration of Aristocrat Gaming’s beloved Dragon Link slot machines is coming to the Venetian Las Vegas and it could be a life-changer for some lucky bettors. The Australia-based gaming device maker announced today...
Rush Street Interactive Rallies on Upped Guidance, Buyback Plan
Shares of Rush Street Interactive (NYSE: RSI) surged in Wednesday’s after-hours trading session after the gaming company boosted its 2024 earnings guidance while announcing a $50 million share buyback plan. In conjunction with the release...
MGM Continues Buying Back Shares as BetMGM Revenue Soars
MGM Resorts International (NYSE: MGM) delivered third-quarter results today, highlighting to investors its ongoing share repurchase efforts and revenue growth at its BetMGM unit. Helped by its MGM China unit, the Bellagio operator posted record...
Jim Chanos, Short Seller and Democrat Donor, Rips Election Betting Markets
Jim Chanos, one of the most accomplished short sellers in the history of US financial markets, has a bone to pick with election betting platforms and his political leanings might be why. Citing data from...
Caesars Unloading LINQ Promenade for $275 Million
Caesars Entertainment (NASDAQ: CZR) announced that it is selling the LINQ Promenade on the Las Vegas Strip for $275 million as part of the gaming company’s ongoing debt reduction efforts. A joint partnership comprised of...
Las Vegas Q4 GGR Unlikely to Surprise to Upside Amid Tough Comps
Following a tepid September reading of Nevada gross gaming revenue (GGR), some analysts believe there’s limited potential for Las Vegas Strip casino operators to materially surprise to the upside in the fourth quarter. In a...
Aristocrat Wins UAE’s First Gaming Vendor Permit
Aristocrat Gaming, one of the world’s largest manufacturers of slot machines, said it was awarded the first international vender license in the United Arab Emirates (UAE). The permit was granted to the Australian gaming device...
Trump Media Stock Punishing Short Sellers
With shares of Trump Media & Technology Group (NASDAQ: DJT) -- the Republican presidential candidate’s social media company -- responding to positive news for the former president in betting market, the resurgent stock is punishing...
Robinhood Investing App Enters Election Betting Arena
With Election Day about a week away, Robinhood announced it’s the latest investing platform to throw its hat into the political wagering ring. Robinhood, the company behind a mobile investing application that’s highly popular with...
Genting Singapore Credit Rating Supported by RWS, Says Moody’s
Momentum at Resorts World Sentosa (RWS) is supportive of Genting Singapore’s solid credit rating, according to Moody’s Investors Service. In a new report, the ratings agency affirmed its “A3” grade and “stable” outlook on the...
