Main menu
Todd Shriber
5721 stories by Todd Shriber
Fanatics Sports Betting App Off to Solid Start, Says Research Firm
Fanatics’ newly launched mobile sports wagering application is off to a strong start, at least in terms of number of downloads through the first week of the 2023 NFL season. The operator launched the Fanatics...
Playtika Paying up to $300M to Acquire Innplay Labs
Mobile games developer Playtika (NASDAQ: PLTK) announced today it is acquiring mobile gaming studio Innplay Labs for as much as $300 million. The deal includes an upfront payment of $80 million, with the potential that...
Penn Entertainment Has Short-Term Upside, Says Analyst
Shares of Penn Entertainment (NASDAQ: PENN) rallied Thursday after a sell-side analyst said the long downtrodden gaming stock has near-term upside potential. The regional casino equity gained 8.72% today on volume, which was more than...
Vista Equity Reportedly Shopping Stats Perform
Private equity firm Vista Equity Partners is rumored to be shopping sports data provider Stats Perform. Bloomberg reported the news earlier Thursday, citing unidentified sources with knowledge of the matter. It’s unclear what Vista Equity’s...
IGT Stock Surges on Rumor Apollo Mulling Bid for Gaming Unit
International Game Technology (NYSE: IGT) was one of Thursday’s best-performing gaming stocks, as the shares surged following a report that Apollo Global Management (NYSE: APO) is considering a bid for the company's global gaming division....
Caesars’ Rewards Database Targeted by Hackers, Says Company
Caesars Entertainment (NASDAQ: CZR) confirmed today that it was recently the victim of a cyber attack and that the bad actors targeted the Caesars Rewards database, among other data troves, held by the gaming company....
Caesars Bails on UAE Just as Things There Are Looking Interesting
Caesars Entertainment (NASDAQ: CZR) is abandoning a non-gaming hotel in Dubai just as a new casino policy in the United Arab Emirates (UAE) appears to be taking shape. In a statement issued earlier Wednesday, Singapore-based...
MGM Cyber Breach Looks Like ‘Widespread Ransomware Attack’
MGM Resorts International (NYSE: MGM) is still dealing with the impact of a large-scale cybersecurity breach. While the casino operator hasn’t commented to this effect, at least one industry insider believes the event has the...
Newsday Slams New York Casino Process
New York’s slow-moving process to award three downstate casino licenses was derided in a Newsday op-ed, with the media outlet noting an exercise that started as energetic has now turned lethargic. Late last month, the...
MGM Must Disclose Ransomware Demand if it Pays One
As of late Monday, MGM Resorts International (NYSE: MGM) is still grappling with the effects of what appears to be a large-scale cybersecurity breach. Should it become clear that the perpetrators made a ransom demand...
