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Todd Shriber
5663 stories by Todd Shriber
FanDuel Off to Fast Start in Washington, DC
In its first month as the lone mobile sports wagering operator in Washington, DC, FanDuel validated the District’s decision to convert to that platform from GambetDC. During its first 30 days of operation in the...
Queens Pols Push Ramos to Consider Casino Legislation
Queens politicians and members of the Community Advisory Committee (CAC) are pushing State Sen. Jessica Ramos (D-Queens) to author permitted use legislation that would pave the way for the proposed $8 billion Metropolitan Park plan...
IGT/Everi Merger Could Deliver Vital Scale, Says Analyst
In what remains one of the largest gaming industry transactions to this point in 2024, International Game Technology (NYSE: IGT) announced in February the merger of its global gaming and PlayDigital units with Everi (NYSE:...
Regional Casino Stocks Attractive on Valuation, Says Raymond James
It’s been a rough start to 2024 for regional casino stocks, but some analysts see valuation opportunity in the downtrodden group. In a new report to clients, Raymond James analyst RJ Milligan initiated coverage of...
New York Pols Push Bills to Accelerate Casino Approvals
With just 11 days left in this year’s legislative session, a pair of New York policymakers are pushing bills aimed at accelerating the currently sluggish process of awarding three downstate casino permits. In their respective...
Hard Rock, Others Rumored to Be Interested in Buying Star Entertainment
***UPDATE: In a statement issued earlier Monday, Hard Rock International said it is not involved in discussions with Star Entertainment. "Hard Rock International would like to address recent reports regarding a proposed purchase of the...
Genting Chairman Lim Expresses Interest in UAE Casino
Add Genting Group to the list of global gaming giants that could pursue entry into the United Arab Emirates (UAE) if casino resorts are approved there. At the company’s annual meeting last month, Chairman Lim...
ValueAct Takes $78 Million Stake in FanDuel Parent Flutter Entertainment
ValueAct, a San Francisco-based hedge fund, took a stake in FanDuel parent Flutter Entertainment (NYSE: FLUT) in the first quarter. The money manager bought 495,135 shares of the Dublin-based gaming company valued at $78.18 million...
Sportradar Could See DraftKings-Like Resurgence, Says Fund Manager
On the back of a strong first-quarter earnings report, Sportradar (NASDAQ: SRAD) surged on Wednesday. Prior to that, shares of the sports betting data provider did a lot of nothing for an extended period of...
Gaming and Leisure Paying $105M for Three Nevada, South Dakota Casinos
Gaming and Leisure Properties (NASDAQ: GLPI) said Thursday it's paying $105 million to Strategic Gaming Management, LLC to acquire the property assets of three casinos in Nevada and South Dakota. The properties being purchased by...
