Main menu
Todd Shriber
5664 stories by Todd Shriber
GambetDC Sports Betting App on Thin Ice in Washington, DC
GamebetDC -- the controversial sports wagering mobile application offered by the DC Lottery -- could be on borrowed time. Washington, DC’s contract with operator Intralot expires in July and DC Lottery appears open to pulling...
HG Vora Blasts Penn Entertainment Over Board Composition
HG Vora, which is the largest investor in Penn Entertainment (NASDAQ: PENN), demanded the regional casino restructure its board of directors while claiming the current configuration violates Pennsylvania corporate law. In a recent letter to...
DraftKings Upgraded, Analyst Sees Outlook Besting Headwinds
After more than tripling last year, shares of DraftKings (NASDAQ: DKNG) scuffled to start 2024 as state-level data indicated a modest loss of market share to rivals ESPN Bet and FanDuel. At least one analyst...
DraftKings, TUMS Bring Betting to Super Bowl Snacking
Betting on sports can cause heartburn. So can overindulging when it comes to snacking at Super Bowl parties. DraftKings and antacid maker TUMS are seizing upon those themes with a new free-to-play game, Tums Prop...
Caesars Previews Q4 Results, Likely to Miss EBITDA, Revenue Estimates
Caesars Entertainment (NASDAQ: CZR) delivered a preliminary view of its fourth-quarter results to investors on Thursday, and it appears the company will likely miss analysts’ earnings before interest, taxes, depreciation, and amortization (EBITDA), and sales...
Caesars Price Target Lowered on Limited F1 Impact
CBRE analyst John DeCree pared his price target on Caesars Entertainment (NASDAQ: CZR), citing negative impact from the recent labor negotiations with the Culinary Union and limited benefit provided to the operator from November’s Las...
Marriott, MGM Share Details of Points Partnership
Marriott International and MGM Resorts International have finally shared details of their upcoming customer loyalty partnership, MGM Collection with Marriott Bonvoy. While the program won’t feature a conversion of Marriott Bonvoy points to MGM Rewards,...
Caesars Tussling with Bally’s, Mohegan to Retain Ontario Casino License
Caesars Entertainment (NASDAQ: CZR) has operated its eponymous casino in Windsor, Ontario, since the venue opened three decades ago. However, the company faces competition for those rights for the first time. The Ontario Lottery and...
Macau Q4 Earnings Slated to Rise, Led by Melco, Wynn, Others
Fourth quarter earnings before interest, taxes, depreciation, and amortization (EBITDA) for the six Macau concessionaires are expected to rise 6% in aggregate, led by SJM Holdings and Wynn Macau. That's according to Citi analysts George...
Fontainebleau Miami Owner Hopes Political Donations Secure New Casino
With multiple gaming expansion bills on the docket in the Florida legislature this year, Fontainebleau Miami Beach owner Jeffrey Soffer has been opening his wallet to state politicians in hopes of bringing a casino to...
