5820 stories by Todd Shriber
Aruze Gaming to Shutter Las Vegas Office, Cut 100 Jobs
Aruze Gaming, a manufacturer of electronic gaming devices for casinos, will shutter its Las Vegas headquarters in August, eliminating 100 jobs in the process. The company filed a notice with the Nevada Department of Employment,...
888 Tumbles as Regulators Scrutinize Alexander Investment
Shares of 888 Holdings Plc (OTC: EIHDF) plunged Friday after the gaming company warned its UK license could be on the line as regulators there examine an investment in the firm by a vehicle controlled...
DraftKings Sponsoring Two Cars in NASCAR New Hampshire Race
DraftKings is making its NASCAR sponsorship debut in a big way, as the gaming company will be the official sponsor of not one, but two cars participating in Sunday’s Crayon 301 Cup Series race at...
Light & Wonder Bringing ‘Willy Wonka,’ Other Warner Bros. Classics to Online Slots
Slot machine behemoth Light & Wonder has announced an expanded agreement with Warner Bros. The goal is to bring more of the entertainment company's hit movies to the gaming firm’s portfolio of online slots. Las...
Churchill Downs, MGM Among Top Gaming Equity Ideas Ahead of Q2 Earnings
Second-quarter earnings season kicked off this week, and it’s just a matter of days before gaming companies step into the earnings confessional. In aggregate, gaming equities lagged the S&P 500 in the first half of...
PlayUp Reportedly Close to Selling US Unit to Public Company
Australia-based PlayUp is close to selling its US operations to an unidentified public company, and will embark upon a significant restructuring, including sizable layoffs. Legal Sports Report’s Matthew Waters broke the news on Wednesday, citing...
DraftKings Stock Soars as BofA Analyst Sees Inflection Point Nearing
DraftKings (NASDAQ: DKNG) extended its July rally Wednesday on the back of bullish comments from Bank of America analyst Shaun Kelley. In midday trading, the stock is higher by 5.32% on volume that’s already exceeded...
Hyatt, MGM Ending Points Partnership
Hyatt Hotels Corp. and MGM Resorts International announced they're ending a rewards club reciprocal agreement that dates back a decade. The World of Hyatt and MGM Rewards partnership will be scrapped effective September 30. Existing...
Chippy Start to 26 Capital, Okada Manila Trial
Legal proceedings commenced Monday for 26 Capital Acquisition Corp.’s (NASDAQ: ADER) efforts to finally bring Okada Manila public, and things got testy. Jason Ader, the chief executive officer of the special purpose acquisition company (SPAC),...
News Corp Nearing Do or Die Date on FOX Bet
News Corp (NASDAQ: NWSA) is nearing an important decision on FOX Bet -- one that could determine the future of the online sportsbook. In August, Flutter Entertainment (OTC:PDYPY) can leave FOX Bet on the curb,...