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Todd Shriber
5719 stories by Todd Shriber
Caesars Stock-Buying Opportunity Near, Says Analyst
Shares of Caesars Entertainment (NASDAQ: CZR) have been in a funk, shedding 14.37% over the past month. But at least one analyst believes the gaming stock has rebound potential, and could be presenting investors with...
Churchill Downs CEO Carstanjen Says TwinSpires Isn’t For Sale
Signaling optimism about the long-term trajectory of pari-mutuel wagering in the US, Churchill Downs (NASDAQ: CHDN) CEO Bill Carstanjen emphatically refuted rumors that the company’s TwinSpires unit is for sale. Carstanjen made those remarks in...
BetMGM Partnership Unlikely to Be Permanent, Says Entain CEO
Since inception, BetMGM has been a 50/50 joint venture between MGM Resorts International (NYSE: MGM) and Entain Plc (OTC: GMVHY). That will remain the case for the foreseeable future, but a time could come when...
Gaming Industry Drives $329B in Economic Output, Supports 1.8M Jobs, Says AGA
The domestic casino gaming industry is a powerhouse that accounts for nearly $329 billion in economic activity, according to new research by the American Gaming Association (AGA). In its first deep dive into the industry’s...
F1 Las Vegas Race Worries ‘Overblown,’ Says Analyst
Formula One Group (NASDAQ: FWONA) stock could be a name to buy as concerns surrounding the series’ upcoming race in Las Vegas are overdone. That’s the take of Citigroup analyst Jason Bazinet. In a new...
Macau Average Premium Mass Wager Trending Higher
In what could be good news for Macau casino operators, the average wager placed by premium mass bettors visiting the gaming enclave is flirting with record highs. Citigroup’s latest survey of Macau wagering trends, conducted...
Howard Hughes Holdings Planning New Las Vegas Strip Casino
Howard Hughes Holdings (NYSE: HHH) announced the creation of Seaport Entertainment -- a unit of the company that will control its Las Vegas and New York entertainment assets, potentially including a new Strip casino resort....
Florida Flop: Single-License Model Could Dampen Sports Betting Revenue
When mobile sports wagering goes live in Florida, it’s likely to be exclusively controlled by Hard Rock International. That could limit revenue generation in the state, according to a sell-side analyst. In a note to...
Clorox Expects Q1 Loss Following Attack by Caesars, MGM Hackers
Shares of consumer staples giant Clorox (NYSE: CLX) are lower by nearly 9% in midday trading Thursday. That's after the company warned investors it expects to report a fiscal first-quarter loss following a recent cyber...
U.S. Integrity, Odds on Compliance Form Sports Betting Compliance Giant
U.S. Integrity and Odds on Compliance, two of the largest providers of sports wagering and gaming compliance services, have announced plans to merge. Las Vegas-based U.S. Integrity and Miami-based Odds on Compliance are both closely...
