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Todd Shriber
5695 stories by Todd Shriber
Rush Street Interactive Insiders Selling Stock, Company Adds $100M Buyback Plan
Three Rush Street Interactive insiders are selling up to 11.5 million shares The gaming company will absorb some of that supply by repurchasing $30 million of that equity The operator also announced a new $100...
Report: Middle East Conflict Prompts Wynn to Consider Delaying UAE Casino Opening
Wynn Resorts is reportedly considering delaying the opening of its UAE casino resort due to the ongoing US/Iran war The $5.1 billion property is scheduled to open in the first quarter of 2027 Wynn Al...
Las Vegas Sands Capitalizes on Credit Upgrade with $1B Bond Sale
ThS&P recently boosted its rating on the casino operator to BBB from BBB- That’s one of the highest grades among gaming companies Las Vegas Sands is selling $1 billion debt Las Vegas Sands’ (NYSE: LVS)...
Why Prediction Markets Are Still Ruled by Everyday Traders
80%+ of Polymarket users traded under $10,000 in Q1. Only a fraction of a percent reached six-figure volumes. Category expansion is now the primary lever for user growth. While prediction markets aim to attract institutional...
Report: SEC Stalling Launches of Prediction Markets ETFs
Proposed ETFs were slated to debut this week. The SEC wants clearer details on fund operations and risk disclosures. Firms await approval to bring over 20 prediction market funds to market. The U.S. Securities and...
Texas Capital: Melco Resorts Has Levers to Pull to Drive Shareholder Value
Shares of Melco Resorts are down 27.54% year-to-date Analyst says company has multiple avenues for creating shareholder value Those include a possible acquisition by the Hong Kong-listed parent Melco Resorts & Entertainment (NASDAQ: MLCO) shares...
Churchill Downs Stock Slips on Mixed Kentucky Derby Handle Report
All-sources Derby Week handle set a new record But handle for the Derby Day slate declined So did handle for the Run for the Rose itself Shares of Churchill Downs (NASDAQ: CHDN) slipped on Monday...
Bally’s Reaches $1.7B Chicago Casino Milestone, Eyes Spring 2027 Opening
Bally's reached the final phase of construction on its riverfront casino site. The $1.7 billion project is expected to create 3,000 jobs and boost local revenue. The site will include a 500-room hotel, a theater,...
Kalshi Restricts Ag Commodities Trading Hours Amid Industry Backlash
Event contracts on the platform typically trade 24/7 Kalshi agreed to move its agriculture commodities trading hours to match those of traditional exchanges The prediction market operator unveiled a dedicated commodities hub last month Kalshi,...
Analyst: Caesars Takeover Valuation Suggests MGM is Undervalued at $60
Caesars' rumored takeover price suggests MGM’s true fair value is closer to $60 a share—a nearly 50% premium over current market prices. The market is deeply discounting the gaming giant, offering a rare opportunity for...
