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Todd Shriber
5820 stories by Todd Shriber
Caesars Upgraded as Analyst Sees Decent Risk/Reward
Caesars Entertainment (NASDAQ: CZR) earned a tepid upgrade Thursday, as a sell-side analyst sees a more balanced risk/reward profile emerging with shares of the casino operator. In a note to clients Thursday, Susquehanna analyst Joseph...
VSiN Heading to New Hampshire FM Radio in Binnie Media Deal
DraftKings’ VSiN, also known as the Vegas Sports Information Network, is heading to New Hampshire FM radio through a deal with Binnie Media. Financial terms of the agreement weren’t disclosed. New Hampshire-based Binnie describes itself...
Circa Million, Survivor to Feature Record $14M Payout
Circa Sports’ famed football contests, the Circa Million and Circa Survivor, will have a combined record payout of $14 million this season. The Las Vegas-based casino and sportsbook operator announced in a statement Thursday. This...
David Portnoy’s Future with Bartsool, Penn Entertainment in Limbo
David Portnoy is the face of Barstool Sports, the sports and entertainment media company he founded two decades ago. He’s not certain for how long that status will continue. Portnoy's contract with Penn Entertainment (NASDAQ:...
DraftKings Rally Sparks Wave of Insider Selling
There’s an old financial market saying that goes, “Sell in May and go away.” DraftKings (NASDAQ: DKNG) insiders aren’t going away. But they sure are selling their company’s shares this month. With the shares up...
MGM, Flutter, Others Could Bid for Kindred
Amid turnover in the C-suite, Swedish online gaming operator Kindred Group Plc (OTC: KNDGF) is said to be ramping up a sale process and could draw interest from some of the industry’s biggest names, including...
Bally’s Trump Links Casino Plan Beset by Bureaucratic Delays
Time isn’t on the side of Bally’s in its plan to develop 17 acres at Trump Golf Links in the Bronx into a casino hotel. The Rhode Island-based regional casino operator and the Trump Organization,...
Las Vegas Sands Wins Lease Approval for Nassau Coliseum
Nassau County policymakers overwhelmingly approved a lease accord that could pave the way for Las Vegas Sands to build a casino hotel at the Coliseum site in Uniondale, NY. In a late Monday vote, the...
Super Group SPAC Facing Shareholder Lawsuit
An investor is suing the founders of the special purpose acquisition company (SPAC) that merged with sportsbook operator Super Group (NYSE: SGHC). He alleges the executives enriched themselves while setting ordinary shareholders up for failure....
Las Vegas Strip Showing No Recession Signs, Says Analyst
There are concerns about the strength of the US economy, and those worries will only be amplified if a resolution on the debt ceiling isn’t reached. But for now, there are no signs of macroeconomic...
