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Todd Shriber
5664 stories by Todd Shriber
ESPN Bet Off to Solid Start, Says Analyst
Penn Entertainent’s (NASDAQ: ESPN) recently launched ESPN Bet mobile sports wagering application is off to a solid start in select states. However, that strength may be aided by heavy promotional spending. In a new report...
Caesars Stock Draws Elevated Options Activity
Amid speculation the Federal Reserve could cut interest rates as soon as the first quarter of 2024, growth stocks have rallied over the past several days, with gaming equities participating in that positive trend. Caesars...
Hofstra Notches Legal Win in Nassau County Casino Suit
Hofstra University has secured a legal victory in blocking Nassau County from transferring the lease on Nassau Veterans Memorial Coliseum to Las Vegas Sands. A New York appeals court handed down the ruling late Wednesday,...
Meister’s Corvex Management Takes 4.4% Stake in Entain
Less than 24 hours after Jette Nygaard-Andersen resigned as chief executive officer of Entain (OTC: GMVHY), Keith Meister's Corvex Management revealed it took a 4.4% stake in the Ladbrokes owner. Corvex is a major investor...
Dallas Mayor Eric Johnson Pragmatic About Casino Idea
Mayor Eric Johnson (R-Dallas) isn't opposed to the idea of a casino hotel near the city. But he's not rushing to support such a plan, either. Instead, he says more discussion is needed on the...
Sands, Wynn Tipped as Top Casino Stock Ideas for 2024
With challenges expected in 2024 for some domestic-heavy casino operators, Las Vegas Sands (NYSE: LVS) and Wynn Resorts (NASDAQ: WYNN) could be gaming stock winners in the new year. That's the outlook of Deutsche Bank...
Barstool Sports Won’t Hire Harvard, MIT, Penn Alums, Says David Portnoy
Barstool Sports founder David Portnoy said alumni of Harvard, the Massachusetts Institute of Technology (MIT), and the University of Pennsylvania are persona non grata at his company until the deans of those universities step down....
Wynn Resorts Credit Rating Outlook Upped to Stable by Moody’s
The outlook on Wynn Resorts' (NASDAQ: WYNN) corporate credit rating was upgraded to "stable" from "negative" by Moody's Investors Service, which cited the operator's declining leverage as one of the reasons for the move. The...
Sands Group Bought Dallas Land Prior to Miriam Adelson Mavericks Deal
A limited liability corporation (LLC) with ties to Las Vegas Sands (NYSE: LVS) scooped up 108 acres of land near Texas Stadium in Irving, Texas, in July, just months before Dr. Miriam Adelson sold shares...
Reno Firecreek Casino Halted Due to Tough Financing Environment
Elevation Entertainment is halting the Firecreek Crossing Resort-Casino plans in Reno, citing a rough financing environment. The news arrived about a year after the company announced plans for the venue. Firecreek Crossing Resort-Casino would have...
