5136 stories by Todd Shriber
Antar Amends BetMGM Complaint, Says Company Preyed on Him
In a new filing in the United States District Court for the District of New Jersey, counsel for Sam Antar amended his lawsuit against BetMGM while reiterating the claims that the operator preyed on his wagering habit, plying him with financial incentives...
888 Activists Propose New Management Team with Kenny Alexander as CEO
FS Gaming Investments, the group that last week revealed a 6.57% stake in 888 Holdings, is putting forth a new management slate. That includes former GVC CEO Kenny Alexander for the same role at the embattled William Hill parent. Reportedly, the Alexander-backed...
MVB Financial Top Bank Bet on iGaming Momentum, Says Analyst
Investors looking to access the growth in iGaming and online sports betting without making direct wagers on gaming companies may have an interesting option to consider in MVB Financial (NASDAQ: MVBF). The West Virginia-based community bank isn’t a well-known bank brand on...
Fontainebleau Las Vegas Hires Former Red Rock GM Tricano as President
Fontainebleau Las Vegas announced Monday that it's hired Mark Tricano as president of the Strip venue, which is slated to open in December. CEO Brett Mufson was serving as president of the property in a provisional capacity. He’ll cede that role to...
El Cortez Readies Barbie Suite in Advance of Movie
Come on, Barbie, let’s go party … at the El Cortez in downtown Las Vegas. The casino hotel’s Jackie Gaughan Suite features a room splashed in the iconic pink color that’s long been a staple of the famed Mattel doll. It’s good...
VICI Properties Has Recession Resilience
Some economic forecasters are dialing back recession expectations. But should that ominous scenario arrive, VICI Properties (NYSE: VICI) could be one of the gaming stocks to sport relative resilience. The largest owner of gaming real estate in the country feels strongly regarding...
Penn Entertainment Sentiment Might Not Get Much Worse
While casino stocks, including those of some regional operators, are performing admirably in 2023, the opposite is true of Penn Entertainment (NASDAQ: PENN). Shares of the largest regional casino operator are down 11.78% year-to-date, while rivals including Boyd Gaming (NYSE: BYD) and...
EDGE Markets Close to Offering Sports Betting Loan Product
EDGE Markets is readying a buy now, pay later (BNPL) product, with interest-free loans for sports bettors. Some gaming industry veterans aren’t pleased with the idea. The California-based company is hoping to have EDGE Boost, which features a virtual Visa debit card,...
MGM Highest Ranked Gaming Firm on Forbes 2000 List
MGM Resorts International (NYSE: MGM) is the highest ranked gaming company on the newly published Forbes Global 2000 list. The Bellagio operator placed 596th on the rankings, ahead of venerable firms from other industries such as Colgate-Palmolive, Blackstone -- the owner of...
DraftKings, Genius Sports Seen as North Carolina Sports Betting Winners
To the delight of the sports wagering industry and some in the investment community, North Carolina’s General Assembly passed mobile sports betting legislation on Wednesday. Gov. Roy Cooper (D) will sign the bill into law, and it’s expected online sports betting will...
