Main menu
Todd Shriber
5664 stories by Todd Shriber
Churchill Downs Readies 2-for-1 Share Split
Churchill Downs (NASDAQ: CHDN) announced today it will split its stock on a 2-for-1 basis. The transaction, which was approved by the gaming company’s board of directors, pertains to shareholders of record as of May...
Yahoo Boosts Social Gaming Presence with Wagr Buy
In an effort to further solidify its already expansive fantasy sports footprint and potentially expand further into sports wagering, Yahoo announced Tuesday it's acquiring Wagr, a peer-to-peer sports betting app. Financial terms of the transaction,...
Penn Entertainment Revamps Loyalty Program
Penn Entertainment is altering its customer loyalty platform, replacing the mychoice program with PENN Play to reflect the regional casino operator’s evolving business mix. The program has 26 million members, according to the Pennsylvania-based gaming...
A’s Vegas Move Seen Lifting Local Casinos More Than Strip Rivals
The Oakland Athletics are on their way to Las Vegas, and that move will likely benefit local casino operators more than Strip counterparts. That’s the thesis of CBRE analyst John DeCree, who in a new...
GAN Procures Needed Refinancing, Slashing Interest Expenses
Gaming technology provider GAN Ltd. (NASDAQ: GAN) landed much-needed refinancing with some creditors -- moves that will enable the battered firm to realize significant savings on annual interest expenses. GAN creditor Beach Point Capital is...
Oakland A’s, Red Rock Resorts Close to Las Vegas MLB Stadium Pact
The Oakland Athletics and Red Rock Resorts are reportedly nearing an accord. That would pave the way for the construction of a $1 billion baseball stadium in Las Vegas near Allegiant Stadium. The Nevada Independent...
Monarch Casino & Resort Q1 Results Solid, Analyst Sees Upside Catalysts
Despite weather challenges in Reno, Monarch Casino & Resort (NASDAQ: MCRI) posted strong first-quarter financial results, prompting at least one analyst to highlight positives in the regional casino operator’s story. The Atlantis Reno operator reported...
Fanatics Sportsbook Could Be Live in 12-15 States by Start of 2023 Football Season
Newly minted Fanatics Sportsbook could be live in as many as 15 states by the start of the 2023 football season, according to founder and CEO Michael Rubin. He made those remarks earlier today at...
BetMGM Posts Strong Q1 Showing, On Track for Profitability Later in 2023
BetMGM started 2023 in strong form. That put the internet casino and online sportsbook operator on pace to meet its previously stated goal of turning profitable in the back half of this year. In its...
Golden Nugget Pulling Plug on Nevada Sports Betting App, Could DraftKings Be Replacement?
Golden Nugget is shutting down its Nevada mobile sports wagering application on April 26. The casino operator notified patrons about the decision in a Monday email blast. Customers without pending wagers can withdraw funds via...
