5664 stories by Todd Shriber
Flutter Stock Sell-off Overdone, US Listing Potential Catalyst, Says Analyst
Shares of Flutter Entertainment (OTC: PDYPY) are up 13.77% year to date. But gaming equity has entered a bear market over the past six months. At least one analyst argues the repudiation is overdone, and...
Pansy Ho Not Liquidating MGM China Equity Stake
Pansy Ho, cochairperson at MGM China, is unlikely to materially alter her stake in the gaming company, despite a recent move that suggests otherwise. Ho, Macau casino patriarch Stanley Ho’s eldest daughter, recently deposited the...
DraftKings Data Confirms F1 Gaining Popularity Among Bettors
Helped by the event taking place in Sin City, last week’s Las Vegas Grand Prix was, for many sportsbooks, the most wagered on formula race ever. That sentiment extended to online sportsbook operators as well...
Bragg Gaming Soars as Investor Pushes for Sale
Shares of Bragg Gaming (NASDAQ: BRAG) soared Wednesday after an investor pushed the company to consider strategic alternatives, including a possible sale. Raper Capital founder Jeremy Raper, who oversees entities managing 375K shares of the...
Las Vegas Grand Prix Most-Wagered F1 Race in BetMGM History
Last Saturday’s inaugural Las Vegas Grand Prix was the most bet-on Formula One (F1) race in the history of BetMGM. The race was won by Dutchman Max Verstappen, F1's three-time defending champion. Verstappen generated the...
Wynn Resorts Credit Rating Upgraded by S&P, Still Junk Grade
Wynn Resorts' (NASDAQ: WYNN) credit rating was upgraded one notch to “BB-“ from “B+” by Standard Poor’s (S&P). The same action was applied to Wynn Macau's corporate credit profile. With the move to “BB-“, Wynn’s...
Marriott Planning New Hotel Near Wynn UAE Casino Resort
Marriott International recently unveiled plans for the JW Marriott Al Marjan Island Resort and JW Marriott Residences Al Marjan Island, located near the under-construction Wynn Al Marjan Island in the United Arab Emirates (UAE). The...
Sports Betting Seen as Best Hope for Georgia Gaming Expansion
If Georgia lawmakers approve gaming expansion in the state next year, sports betting is likely to carry the day, likely leaving casinos and pari-mutuel behind. According to polls taken early this year, votes in the...
Penn Entertainment Stock Soars on ESPN Bet Enthusiasm
Penn Entertainment (NASDAQ: PENN) ranked as one of Monday’s best-performing gaming stocks amid enthusiasm for the newly launched ESPN Bet mobile sports wagering application. The regional casino operator launched ESPN Bet in 17 states on...
Sands Could Face Protracted Legal Battle in Bid for New York Casino
Las Vegas Sands could be in for a prolonged legal tussle as part of its plans to bring a $4 billion casino hotel at the site of the Nassau Veterans Memorial Coliseum in Uniondale, NY....