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Todd Shriber
5765 stories by Todd Shriber
Carano Family, Caesars Biggest Shareholders, Selling California Vineyard for Almost $8M
The Carano family, the largest noninstitutional owners of Caesars Entertainment (NASDAQ: CZR) stock, are attempting to sell their California vineyard for $7.975 million. The late Don Carano and his wife Rhonda bought the property in...
Penn Entertainment Strategic Review Unlikely, Says Analyst
Shares of Penn Entertainment (NASDAQ: PENN) slumped Friday after a sell-side analyst said the regional casino operator is unlikely to commence a strategic review over the near term, potentially dashing hopes the company is a...
Genting Still Mulling New York Stock Listing
Genting Malaysia Bhd is still considering a New York equity listing that would be comprised of an entity holding some of the company’s US gaming assets. The long-talked-about move is viewed as a potential avenue...
Light & Wonder Unveils $1 Billion Share Buyback Plan
Shares of Light &Wonder (NASDAQ: LNW) perked up a bit during Thursday’s after-hours trading session after the slot machine manufacturer announced a $1 billion share repurchase program. The newly announced buyback plan replaces a previously...
Genting Bullish on New York, RWNY Casino License Prospects
At its annual meeting this week, Genting Malaysia Bhd sound an optimistic tone on its operations in New York, including the prospects for Resorts World New York landing one of the three downstate casino licenses...
Casino Investors Taking Hardline Against Smoking
More major investors are pressing publicly traded casino operators to move to smoke-free environments, and the 2024 proxy is evidence of those elevated efforts. This proxy season has seen efforts by large shareholders of Bally’s...
After DraftKings, FanDuel, No Second Tier in Online Sports Betting
It’s been widely noted that in the world of online sports betting, DraftKings (NASDAQ: DKNG) and FanDuel control 70% or more of the market, and while they don’t lack for competitors, some analysts believe there’s...
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...
