5402 stories by Todd Shriber
Queens Civic Congress Against Citi Field Casino Plan
A major civic group in the borough of Queens said it doesn’t want a gaming venue coming to the Willets Point area near Citi Field. That comes just days after New York opened the request for application (RFA) process for three downstate...
Publicly Traded Sports Betting Firm Could Go Private in 2023, Says Research Firm
Less than three years removed from a flurry of initial public offerings (IPOs) by companies with ties to the sports betting industry, it’s possible that at least one of those firms goes private this year. That’s the sentiment of research firm Eilers...
Sands Focusing on Nassau County in New York Casino Bid
Las Vegas Sands (NYSE: LVS) could focus its New York City-area casino efforts on Nassau County -- a densely populated area of western Long Island that borders the borough of Queens. Late Tuesday, New York opened the request for applications (RFA) process...
Fanatics Sells Candy Digital Stake Amid ‘Imploding’ NFT Market
Fanatics is divesting its 60% interest in non-fungible token (NFT) platform Candy Digital as prices for digital collectibles plunge. The sports apparel giant that’s fast approaching entry into the US online sports wagering market is selling its stake in Candy Digital to...
Casinos, Sports Betting Could See Favorable Odds in Georgia
Georgia, a state long coveted but not hospitable to gaming operators, could finally be warming to wagering expansion, including casinos and sports betting. That’s the sentiment of State Rep. Ron Stephens, a Savannah Republican, who told Georgia Public Broadcast (GPB) that the...
Mattress Mack Plunks Down $1.5M on Plucky TCU Horned Frogs
The TCU Horned Frogs have one box left to check in a magical 2022 season: beating the heavily favored Georgia Bulldogs in the College Football Playoff (CFP) title game. And if they accomplish that goal, Jim McIngvale’s sports betting legacy will surely...
Las Vegas Sands Seen Benefiting from China Easing COVID Restrictions
Few US companies are on par with Las Vegas Sands (NYSE: LVS) to reap rewards from China relaxing its zero-COVID policy, and Wall Street recognizes as much. In a report to clients on Tuesday, Wells Fargo analyst Daniel Politzer maintained an “overweight”...
VICI Properties Slotted as Top REIT Pick by Jefferies
VICI Properties (NYSE: VICI), the largest casino landlord, earned some sell-side praise to kick off 2023. In a note to clients on Tuesday, Jefferies analyst Jonathan Peterson anointed the real estate investment trust (REIT) a top pick for 2023, while placing a...
Wynn Resorts Starts 2023 Strong as Wells Fargo Upgrades Stock
Wynn Resorts (NASDAQ: WYNN) stock started 2023 on a strong note with the help of an upgrade from Wells Fargo analyst Daniel Politzer. In a note to clients, the analyst upgraded the Encore operator to “overweight” from “equal weight” while boosting his...
Ohio, Profitability Among Investors’ 2023 Concerns Regarding Sports Betting Stocks
Today’s long-awaited launch of mobile sports wagering in Ohio and operators’ trek to profitability are among the marquee issues investors will be eyeing in 2023 when it comes to sports betting stocks. Ohio’s entry into the US sports betting fray is well-timed,...
