Areas of Expertise
5316 stories by Todd Shriber
MGM, UK Gaming Companies May Be Eyeing Kindred Takeover
Though the gains of have been erased, shares of Kindred Group (OTC: KNDGF) surged early in Friday’s trading session amid speculation that MGM Resorts International (NYSE: MGM) is mulling a takeover of the Swedish gaming company. Referencing a Betaville alert, which cited...
Bet365, Fanatics Could Eye Arizona Entry
Bet365 and Fanatics could be among the sportsbook operators competing for three new licenses in Arizona. When the state approved sports wagering in 2021, it made allotments for 20 permits. Currently, 17 licenses are spoken for. The Arizona Department of Gaming (ADG)...
Circa Climbing Ranks of Nevada Online Sportsbook Operators
Circa Sports is one of the youngest competitors in Nevada’s online sports betting landscape. It’s also one of the fastest-growing. In the four years since its debut, the Nevada iteration of the Circa Sports mobile app has market share in the state...
BetMGM EBITDA Positive in Q2, Entain Could Again Be Takeover Target Says Analyst
BetMGM’s increasingly sturdy financial performance could compel MGM Resorts International (NYSE: MGM) to revisit a takeover of Entain Plc (OTC: GMVHY), something the former’s management team said it’s not inclined to do. The iGaming and online sportsbook operator provided investors with a...
Las Vegas Sands IG Credit Rating Restored by S&P
Las Vegas Sands (NYSE: LVS) has seen its credit rating restored to investment-grade status by Standard & Poor’s (S&P). The research firm now rates the gaming company “BBB-" with a “stable” outlook. The upgrade comes about 18 months after S&P hit Sands...
DraftKings Scraps Fantasy Football Draft Amid Collusion Concerns
DraftKings recently scrapped a “best ball” fantasy football draft after a user produced solid evidence of collusion. The operator made its name as a pioneer in the daily fantasy sports (DFS) space. It now offers season-long fantasy contests for the NFL, NBA,...
Circa Inks Fantasy Football Deal with FullTime Fantasy Sports
Circa Resort & Casino, home of the world-famous Circa Sportsbook, has announced a deal with FullTime Fantasy Sports to make the downtown Las Vegas venue the home of elite fantasy football competition. Circa and FullTime Fantasy are partnering on the Fantasy Football...
Golden Entertainment Interesting Casino Stock Story, Says Analyst
Shares of Golden Entertainment (NASDAQ: GDEN) are higher by 16% year to date, and the Strat operator could have more in store for investors. That’s the sentiment of B. Riley analyst David Bain, who in a new report to clients highlighted Golden...
Gaming and Leisure Properties is ‘Stable,’ Says Fitch
Gaming and Leisure Properties (NASDAQ: GLPI) was affirmed at a credit rating of “BBB-," the lowest investment grade, with a “stable” outlook by Fitch Ratings. The ratings agency noted the casino landlord’s credit grade is hindered by gaming real estate investment trusts...
Whataburger, Texas Fast Food Icon, Coming to Las Vegas Strip
Whataburger, the undisputed homegrown giant of the Texas fast food landscape, is coming to the Las Vegas Strip. In what will be its first location in Nevada, Whataburger is slated to open a two-story, 24/7 location adjoined to the Waldorf Astoria on...