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Todd Shriber
5709 stories by Todd Shriber
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...
Wynn UAE Casino Resort Could Generate up to $1.4B in GGR, Say Analysts
Wynn Resorts’ (NASDAQ: WYNN) Wynn Al Marjan Island integrated resort in Ras Al Khaimah, United Arab Emirates (UAE) could notch up to $1.4 billion in annual gross gaming revenue when it’s fully ramped up. That...
Gucci Marketing Boss Selena Kalvaria Joining Fanatics Betting Unit
Selena Kalvaria is trading in couture for betting as she recently joined Fanatics Betting & Gaming as chief marketing officer (CMO) following a three-year run in a similar capacity at Italian fashion house Gucci. The...
Macau Casino Revenue Estimates Could Be Too Conservative Says Analyst
Following a strong showing in May in which Macau concessionaires posted the best monthly gross gaming revenue (GGR) tally since before the start of the coronavirus pandemic, some analysts believe revenue estimates for operators there...
Wynn UAE Casino Could Be Jeopardized by Dubai Rival
Wynn Resorts’ (NASDAQ: WYNN) Wynn Al Marjan Island integrated resort project in Ras Al Khaimah, United Arab Emirates (UAE) could be hindered if Dubai decides to permit casino gaming, according to an analyst. Speaking at...
Century Casinos Still Mulling Poland Sale, Could Consider Share Buybacks, Says Analyst
Century Casinos (NASDAQ: CNTY) could still move to its sell its two-thirds stake in Casinos Poland and might eventually consider repurchasing its own shares. That’s the take of Stifel analyst Jeffrey Stantial who recently spoke...
Casino Stocks Often Swoon in June
After today, there are 18 trading days remaining in June, meaning there’s much left to be determined regarding the broader market’s monthly performance. But if historical precedent holds true, this month could be a trying...
FanDuel Close to Naming Rights Deal for 18 Diamond Sports Regional Networks
FanDuel is reportedly nearing an agreement to replace Bally’s (NYSE: BALY) as the sponsor of 18 regional sports networks (RSNs) controlled by bankrupt Diamond Sports Group. Various media reports mentioning the still yet-to-be-confirmed agreement didn’t...
New Jersey, New York Still Hotbeds of Black Market Sports Betting
Some form of sports betting, be it online, retail, or both, is live and legal in 38 states and Washington, DC, but broader legalization since the 2018 Supreme Court ruling on the Professional and Amateur...
Penn Analysts Not Convinced Casino Company Will Sell Itself
Shares of Penn Entertainment (NASDAQ: PENN) surged last Friday after investor the Donerail Group sent a letter to the gaming company’s board urging it to consider a sale, but analysts don’t believe such a transaction...
