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Todd Shriber
5866 stories by Todd Shriber
Macau Recovery Brisker Than Expected, Says Citigroup
Some analysts and gaming industry observers are concerned about tepid levels of visitation to Macau. But Citigroup suggests investors filter out the noise and focus on what are increasingly sturdy fundamentals of the six concessionaires....
Bally’s Temporary Chicago Casino Stirs Crime, Traffic Fears
Last week, the Illinois Gaming Board (IGB) approved Bally’s plan to build a temporary casino at Medinah Temple in Chicago’s River North neighborhood. But locals are fearful the gaming venue will cause increased crime and...
Las Vegas 2022 International Visitors Led By Canada, Mexico, UK
Mexico and Canada, the southern and northern neighbors of the US, accounted for more than half of the international visits to Las Vegas in 2022. Recently released data from the Las Vegas Convention and Visitors...
Bally’s Stock Slump Could Spell Opportunity, Says Analyst
Off nearly 10% over the past week and 23.79% year to date, Bally’s (NYSE: BALY) stock is mired in a lengthy slump. The year-to-date loss makes Bally’s one of the worst-performing casino operators since the...
DraftKings Wrigley Field Sportsbook Days Away From Opening
The DraftKings Sportsbook at Wrigley Field, home of the Chicago Cubs, is scheduled to open to the public on June 27. The retail sportsbook is part of a broader 10-year, $100 million marketing deal between...
Red Rock Resorts EBITDA Should Get Lift from Durango, Says Analyst
Slated to open later this year, Durango Casino & Resort in southwest Las Vegas will drive Red Rock Resorts’ (NASDAQ: RRR) earnings before interest, taxes, depreciation, and amortization (EBITDA) higher in the years ahead. That’s...
PointsBet to Engage with DraftKings in Takeover Talks
PointsBet (OTC: PBTHF) announced Sunday that its board of directors are evaluating a $195 million, all-cash bid for its US business submitted last Friday by DraftKings (NASDAQ: DKNG). It plans to engage in discussions with...
Eminence Capital Chides Entain on Share Sale, Warns MGM Could Pounce
Eminence Capital -- one of the largest Entain Plc (OTC: GMVHY) investors -- decried the gaming company’s recent share sale to fund an acquisition, noting the sportsbook operator had other avenues to raise cash, and...
DraftKings Bids $195M for PointsBet US Biz, Tops Fanatics Offer by 30%
DraftKings (NASDAQ: DKNG) on Friday unveiled a $195 million all-cash offer for PointsBet’s (OTC: PBTHF) US unit, topping a $150 million bid submitted by Fanatics a month ago. In terms of percentage, the DraftKings proposal...
Churchill Downs Stock Could Wring Benefits from Richmond Casino
Churchill Downs' (NASDAQ: CHDN) stock could get a decent boost should the operator prove successful in its effort to bring a casino hotel to the Virginia capitol of Richmond. Churchill and partner Urban One are...
