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Todd Shriber
5694 stories by Todd Shriber
Red Rock Reaffirms $425M CapEx Plan as Analysts Maintain Bullish Outlook
Red Rock Resorts (NASDAQ: RRR) is committing up to $300 million toward growth initiatives this year as part of a total 2026 capital budget between $375 million and $425 million. Red Rock's Green Valley Ranch...
Wynn Says UAE Casino Will Open in September 2027, Q2 Results Beat Estimates
Shares of Wynn Resorts (NASDAQ: WYNN) rallied in after-hours trading Tuesday (August 4) after the gaming giant beat second-quarter expectations and set a firm September 2027 opening target for its landmark UAE casino. Wynn Resorts...
Polymarket Reportedly Eyeing $20B Valuation in Latest Financing Round
Polymarket, one of the world’s largest prediction market operators, is reportedly looking to raise fresh capital at a valuation of $20 billion. Polymarket is rumored to be seeking new capital at a $20 billion valuation....
Churchill Downs Brings Six-Race ‘Thoroughbred Championship Series’ to Starting Gate
In a bid to court more fans and generate increased buzz around horse racing, Churchill Downs (NASDAQ: CHDN) has announced the creation of the “Thoroughbred Championship Series” -- a six-race contest with a $5 million...
Circa Lands Arizona Sports Betting License, Expanding to 7th U.S. State
Circa Sports—a favorite among sharp bettors for its high limits and low margins—is officially expanding into Arizona. Circa Casino in downtown Las Vegas. Circa Sports is entering Arizona.(Image: Getty) Las Vegas–based Circa’s foray into neighboring...
Prediction Market Daily Volume Flirts with $2B in July
Average daily volume across U.S. prediction markets reached $1.91 billion last month, putting the sector on the cusp of the $2 billion threshold, according to Jefferies. The World Cup drove a July increase in prediction...
Melco Stock Undervalued, New Macau Projects Can Provide a Lift
Like other Macau casino stocks, Melco Resorts & Entertainment (NASDAQ: MLCO) is in the midst of a rough stretch, but some experts believe the ingredients are there for a rebound. Melco Resorts' Studio City in...
Churchill Downs to Sell 9 Regional Casinos Individually or in Small Bundles
Churchill Downs (NASDAQ: CHDN) plans to sell nine regional casinos piecemeal or in small clusters rather than as a single block package, CEO Bill Carstanjen revealed during the company's Q2 earnings call. Churchill Downs is...
Binance.US Targets August CFTC License Application for Prediction Market Push
Binance.US, the domestic arm of the world’s largest cryptocurrency exchange, plans to apply for CFTC approval next month to launch prediction markets. Binance.US may file for prediction market approval as soon as August. (Photo by...
IG Group Buys Prediction Market Operator Underdog for Up to $1.3B
IG Group (LON: IGG), a UK-based trading platform provider, is acquiring Underdog in a deal valued at up to $1.3 billion, significantly expanding its reach into the fast-growing prediction market industry. The Underdog logo. IG...
