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Todd Shriber
5750 stories by Todd Shriber
Caesars Stock Flirts with Buyout Price; Rival Bid Seen as Unlikely By Analysts
Caesars stock continues to edge closer to the $31.00 per share cash buyout offer presented by Fertitta Entertainment Under the terms of the definitive agreement, Caesars' contractually mandated "go-shop" window is set to expire on...
Kalshi CEO Confirms IPO Under Consideration as $40B Valuation Rumor Surfaces
Kalshi co-founder and CEO Tarek Mansour confirmed the prediction market platform is in the early stages of planning an IPO Mansour ruled out a public listing for 2026, noting that a debut is more realistic...
Caesars Expands Maine Tribal Partnerships to Include Planned iGaming Launch
Caesars is partnering with three Maine Native American tribes in anticipation of iGaming going live there later this year The company will bring its Caesars Palace Online Casino, Caesars Sportsbook & Casino and Horseshoe Online...
Wynn Resorts Stock Forms Favorable Chart Setup
The casino stock is hovering around its two-year moving average Previous instances of the stock doing so resulted in substantial rallies Wynn is already perking up as highlighted by a 9% gain over the past...
Report: Zuck Wants Meta in the Prediction Market Game
Meta CEO Mark Zuckerberg has reportedly directed staffers to develop a dedicated prediction market mobile application Internally known as "Arena," the platform would utilize a play-money format rather than real-money wagering The application is designed...
Poll: Americans Oppose Political Betting, Hold Indifferent Views on Prediction Industry
A recent Politico poll indicates a majority of Americans oppose betting on elections, with most stating the practice should be illegal Voters remain deeply divided and largely ambivalent about the broader prediction markets industry, showing...
Benchmark Initiates Boyd Gaming with Buy Rating, $100 Target as M&A Loom
Analysts believe Boyd Gaming is perfectly positioned to cash in as a wave of merger-and-acquisition (M&A) activity sweeps the casino industry As rival casinos consolidate, Boyd’s highly coveted portfolio of Las Vegas Locals properties will...
Morgan Stanley: Avoid Macau Casino Stocks as Gaming Revenue Growth Grinds to a Halt
Macau casino stocks look cheap, but Morgan Stanley warns investors against rushing in while regional growth stalls The firm trimmed its 2026 Macau gaming revenue growth expectations to 5.3%, flagging expected lethargy in the second...
Report: UK Tax Pressure Forces Ladbrokes Owner Entain to Weigh Central Europe Exit
Entain is looking to defray costs related to U.K. gaming tax increases, according to multiple media reports The Central and Eastern European unit is EBITDA-positive Speculation suggests Entain could sell its stake in the business...
Citizens: DraftKings’ Prediction Market Venture Could Fuel $10B–$14B in Enterprise Value
Analyst sees massive prediction market opportunity for DraftKings Estimates event contracts could generate as much as $1.3 billion in revenue for the company by 2030, depending on market share A 30% share of the market...
