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Todd Shriber
5866 stories by Todd Shriber
Venetian Macau, Marina Bay Sands Most Profitable Casinos
Venetian Macau and Marina Bay Sands (MBS) in Singapore are the world’s two most profitable casinos -- a status supporting Las Vegas Sands’ (NYSE: LVS) ranking as the largest casino operator by market capitalization. The...
Fanatics Seals Deal for PointsBet US
PointsBet (OTC: PBTHF) announced investors overwhelmingly voted in favor of $225 million all-cash takeover offer for its US operations from Fanatics. At the Australian company extraordinary group meeting (EGM) earlier today, 99.16% of PointsBet shareholders...
FanDuel Leads Horse Racing Betting Apps, DraftKings ‘Places’
One of the oldest forms of wagering, horse racing is getting a needed jolt thanks to technology, and FanDuel is leading the way in terms of apps for betting on the ponies. Already the largest...
Rush Street Interactive Could Be Takeover Target for Stake.com
Crypto casino operator Stake.com is rumored to be looking at acquisitions that could provide it entry into the US iGaming market, and Rush Street Interactive (NYSE: RSI) could be on the suitor’s list of potential...
IGT to Provide Rio Las Vegas with Casino Management Tech
International Game Technology (NYSE: IGT) has won a contract from Dreamscape Companies to provide technology management services to the Rio Hotel & Casino in Las Vegas. That agreement will take effect in the fourth quarter...
Sands New York Front-Runner, New Vegas Casinos on Backburner, Says Analyst
Las Vegas Sands (NYSE: LVS) is considered one of the front-runners to procure one of the three downstate casino permits in New York, according to a Wall Street analyst. In a recent report to clients,...
PointsBet Tells Investors to Accept Fanatics Revised $225M Takeover Bid
In what might be the final salvo in the battle for PointsBet’s (OTC: PBTHF) US operations, the Australian gaming company told investors they should vote in favor of Fanatics’ revised $225 million takeover offer. That’s...
Super Group Stock Enters Russell 2000 Index
Super Group (NYSE: SGHC) stock has been added to the Russell 2000 Index as part of the annual, broader rebalancing of FTSE Russell equity gauges. The Russell 2000 is one of the world’s most widely...
PointsBet Halts Trading Pending Announcement
Trading in PointsBet (OTC: PBTHF) stock was halted in Australia on Tuesday for an upcoming, though not described, news event. A market announcement with the Australia Securities Exchange (ASX) confirmed the halt, noting it could...
Betr Raises $35 Million, Now Valued at $300 Million
Sports wagering startup Betr announced it raised $35 million in a series A2 funding round. That values the privately held company at a pre-money valuation of $300 million. The latest funding round in the microbetting...
