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Todd Shriber
5663 stories by Todd Shriber
Disney Tech Exec LaBerge Joining Penn Entertainment as CTO
After a more than two-decade run holding high-level technology jobs at Walt Disney (NYSE: DIS), Aaron LaBerge is joining Penn Entertainment (NASDAQ: PENN) as chief technology officer (CTO). The regional casino operator made the announcement...
New Jersey iGaming Revenue to Surpass Atlantic City Casino Earnings, Analyst Predicts
It’s a matter of when, not if, iGaming gross gaming revenue (GGR) in New Jersey exceeds that of the nine casino hotels on the Atlantic City Boardwalk. That’s the outlook offered by Deutsche Bank analyst...
Wynn Las Vegas President Steve Weitman Leaving Company
Wynn Resorts (NASDAQ: WYNN) noted today Steve Weitman, the president of the operator’s Las Vegas Strip properties, is leaving the company effective June 10. The executive didn’t give a reason for his departure beyond noting...
Sands Disappointed by New York Casino Process, Confirms Thailand Interest
Las Vegas Sands (NYSE: LVS) is dismayed about the length of time it’s taking New York regulators to open the bidding window for three downstate casino permits, but the operator is optimistic about the possibilities...
Thai Finance Ministry to Lead Review of Casino Study
Thailand’s Ministry of Finance will run point in mulling a House of Representatives study that could pave the way for regulated casinos in the Southeast Asian country. The Finance Ministry is one of 17 government...
Inspired Entertainment Could Be Inspired Rebound Story, Says Analyst
Hampered by a regulatory probe into its 2023 earnings restatements, Inspired Entertainment (NASDAQ: INSE) has seen its shares decline 21.7% over the past year, but at least one analyst sees opportunity with the supplier of...
Games Global Looking to Raise $100 Million in US IPO
Games Global, a developer of casino games for the iGaming industry, filed plans on Tuesday for a $100 million US initial public offering (IPO). The Isle of Man-based company commenced operations in 2021 and is...
Flutter Selling $1.05B in Debt with BBB- Rating
Flutter Entertainment (NYSE: FLUT), the parent company of FanDuel, said Tueaday it's selling $1.05 in senior secured notes maturing in 2029. The proceeds of the debt sale, which includes dollar- and euro-denominated bonds, will be...
DraftKings Lands Buy Rating in New Coverage by Goldman Sachs
Shares of DraftKings (NASDAQ: DKNG) gained 2.74% on a mixed day for gaming stocks after Goldman Sachs issued a bullish call on the online sportsbook operator. In a note to clients on Tuesday, analyst Ben...
MGM Resorts Stock Could Be Near-Term Rebound Candidate
MGM Resorts International (NYSE: MGM) stock is struggling. Shares of the casino operator are lower by 4.1% year-to-date, badly lagging the S&P 500, and things have been worse in recent days as highlighted by a...
