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Todd Shriber
5708 stories by Todd Shriber
Playstudios to Purchase $24.6M Worth of Shares Held by Microsoft
Shares of social casino developer Playstudios (NASDAQ: MYPS) rallied in Tuesday’s after-hours trading session after the company announced that it's purchasing $24.6 million of its equity held by Microsoft (NASDAQ: MSFT). While not a share...
Bally’s Sounds Positive Tone on Bronx Casino Prospects
Although it still needs some help from some politicians, Bally’s (NYSE: BALY) is bullish on its prospects to land a permit to develop a casino hotel in the Bronx, NY. Last year, the Rhode Island-based...
Chicago Mayor Cautious About Bally’s Permanent Casino Property
Bally’s (NYSE: BALY) is coming off an impressive revenue showing in May at its temporary Chicago casino, and is slated to start construction on the permanent gaming venue at the Freedom Center in the River...
DraftKings Named Top Gaming Idea by Morgan Stanley
Shares of DraftKings (NASDAQ: DKNG) got a much-needed jolt Monday after Morgan Stanley anointed the stock as one of its top ideas in the gaming and lodging space. In a note to clients, analyst Stephen...
Arizona Again Opening Sports Betting Market to New Operators
Arizona is again preparing to expand its sports wagering market as the Arizona Department of Gaming (ADG) announced Friday that it will look to add at least two more operators to the fold. Under state...
Churchill Downs Stock Has Tailwinds, Says Analyst
Churchill Downs (NASDAQ: CHDN) stock is off a third of a percent year-to-date, which is actually good for one of the better performances among gaming equities. At least one analyst believes the shares could shake...
Penn Entertainment Leaving S&P Mid-Cap Index, Joining Small-Cap Gauge
Amid a lengthy slump that includes a 35.39% loss over the past year, Penn Entertainment (NASDAQ: PENN) has seen its market capitalization erode to the point that it no longer fits the bill as a...
Resorts World NY Lobbyist Looms Large in Casino Acceleration Bill
Legislation proposed last month by Sen. Joseph Addabbo (D-Queens) to expedite the approval of three New York City-area casino licenses reportedly contains copy that is talking points from a lobbying firm working on behalf of...
Thailand Wants to Expedite Casino Process, but US Operators Might Not Like Regs
Thai Prime Minister Srettha Thavisin reportedly wants policymakers and the Ministry of Finance to accelerate the casino regulatory process there so that he can approve gaming venues, but some analysts fear the country’s regulations could...
Penn Management Not Rattled by Investor Demand for Sale
It’s been nearly a week since Penn Entertainment (NASDAQ: PENN) investor the Donerail Group sent a scathing letter to the gaming company’s board of directors urging it to consider a sale following a series of...
