Areas of Expertise
5448 stories by Todd Shriber
DraftKings Sponsoring Two Cars in NASCAR New Hampshire Race
DraftKings is making its NASCAR sponsorship debut in a big way, as the gaming company will be the official sponsor of not one, but two cars participating in Sunday’s Crayon 301 Cup Series race at New Hampshire Motorspeedway (NHMS). By way of...
Light & Wonder Bringing ‘Willy Wonka,’ Other Warner Bros. Classics to Online Slots
Slot machine behemoth Light & Wonder has announced an expanded agreement with Warner Bros. The goal is to bring more of the entertainment company's hit movies to the gaming firm’s portfolio of online slots. Las Vegas-based Light & Wonder will work with...
Churchill Downs, MGM Among Top Gaming Equity Ideas Ahead of Q2 Earnings
Second-quarter earnings season kicked off this week, and it’s just a matter of days before gaming companies step into the earnings confessional. In aggregate, gaming equities lagged the S&P 500 in the first half of the year. But Churchill Downs (NASDAQ: CHDN)...
PlayUp Reportedly Close to Selling US Unit to Public Company
Australia-based PlayUp is close to selling its US operations to an unidentified public company, and will embark upon a significant restructuring, including sizable layoffs. Legal Sports Report’s Matthew Waters broke the news on Wednesday, citing PlayUp CEO Daniel Simic. As was the...
DraftKings Stock Soars as BofA Analyst Sees Inflection Point Nearing
DraftKings (NASDAQ: DKNG) extended its July rally Wednesday on the back of bullish comments from Bank of America analyst Shaun Kelley. In midday trading, the stock is higher by 5.32% on volume that’s already exceeded the daily average. That extends its gains...
Hyatt, MGM Ending Points Partnership
Hyatt Hotels Corp. and MGM Resorts International announced they're ending a rewards club reciprocal agreement that dates back a decade. The World of Hyatt and MGM Rewards partnership will be scrapped effective September 30. Existing reservations made by World of Hyatt members...
Chippy Start to 26 Capital, Okada Manila Trial
Legal proceedings commenced Monday for 26 Capital Acquisition Corp.’s (NASDAQ: ADER) efforts to finally bring Okada Manila public, and things got testy. Jason Ader, the chief executive officer of the special purpose acquisition company (SPAC), told the Delaware Court of Chancery that...
News Corp Nearing Do or Die Date on FOX Bet
News Corp (NASDAQ: NWSA) is nearing an important decision on FOX Bet -- one that could determine the future of the online sportsbook. In August, Flutter Entertainment (OTC:PDYPY) can leave FOX Bet on the curb, forcing News Corp to take control of...
Donald Trump Seen with UFC Boss White at Red Rock Casino
Former President Donald Trump was seen with Ultimate Fighting Championship (UFC) President Dana White Saturday at Red Rock Casino Resort and Spa, just hours before “UFC 290.” The 45th US president is a well-known UFC fan, having attended multiple events of the...
‘Daily Wager’ Ratings Soar, but ESPN Reportedly Boots Host
ESPN says ratings for its “Daily Wager” program that airs on ESPN 2 are increasing. But the future of host Doug Kezirian is in limbo. In a Thursday tweet, the sports broadcaster’s public relations department said “Daily Wager’s” ratings for the most...