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Todd Shriber
5768 stories by Todd Shriber
Melco Resorts Has ‘Ammunition’ for 2024 Macau Growth, Says Analyst
Melco Resorts & Entertainment (NASDAQ: MLCO) has the ingredients to outgrow rival Macau concessionaires in 2024. That’s the take of JPMorgan analyst Joseph Greff, who recently met with Melco CEO Lawrence Ho and CFO Geoff...
Fanatics IPO Could Finally Happen in 2024
Fanatics could commence an initial public offering in 2024, ending two years of speculation regarding one of the most-anticipated IPOs. Following two investor days, including one in June, speculation swirled that Florida-based Fanatics would finally...
Entain Seen Adding Ricky Sandler to Board, May Push for BetMGM Sale
Entain Plc (OTC: GMVHF) is reportedly considering adding Eminence Capital founder Ricky Sandler to its board of directors. The move could potentially open the door to a full or partial sale of the operator’s 50%...
DraftKings Not Feeling Heat from New Competitors
The US sports wagering landscape is awash in new, well-heeled competitors, but DraftKings (NASDAQ: DKNG) isn’t feeling adverse effects from those fresh entrants. DraftKings and Flutter Entertainment’s FanDuel amount to a duopoly in US online...
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...
