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Todd Shriber
5811 stories by Todd Shriber
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...
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...
