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Todd Shriber
5820 stories by Todd Shriber
DraftKings Rolls Out Channel on Samsung TV Plus
DraftKings said Wednesday its DraftKings Network offering is heading to Samsung TV Plus, the technology company's free, ad-supported TV (FAST) platform. That makes DraftKings the first sports wagering company to launch a 24/7 channel on...
Wynn Forecasts up to $600M in EBITDA from UAE Casino Hotel
Wynn Resorts (NASDAQ: WYNN) forecast its upcoming integrated resort in the United Arab Emirates, Wynn Al Marjan Island, can generate up to $600 million in earnings before interest, taxes, depreciation, and amortization (EBITDA). Wynn CEO...
Endeavor Group Announces First Dividend, Will Buy Back Up to $300M in Stock
Endeavor Group Holdings, Inc. (NYSE: EDR) announced plans for its first dividend, and told investors it could repurchase up to $300 million of its stock. The parent company of the Ultimate Fighting Championship (UFC) made...
Tropicana Las Vegas Reportedly New Site for A’s Ballpark, to Be Demolished
The Tropicana Las Vegas Hotel and Casino could be on borrowed time. The Oakland Athletics are reportedly altering their property choice for a new stadium in Sin City. Citing unidentified sources with knowledge of the...
Wynn Q1 Results Bolstered by US Casinos, Resumes Dividend
The investment community usually views Wynn Resorts (NASDAQ: WYNN) as a Macau story. But it was the operator’s domestic casino resorts that supported its first-quarter results. For the first three months of 2023, Wynn notched...
Portnoy Pushes Penn Stock Higher with Tweet Revealing Share Purchase
Scuffling Penn Entertainment (NASDAQ: PENN) notched a late-session rally Tuesday. That's after Barstool Sports founder David Portnoy took to Twitter to reveal he purchased a significant amount of shares in the regional casino operator on...
Bally’s Plans IPO of Chicago Casino Aimed at Residents, Minorities
Bally’s (NYSE: BALY) has confidentially filed a Form S-1 with the Securities and Exchange Commission (SEC) for an initial public offering (IPO) of shares in its planned Chicago casino. The offering relates to the Host...
Full House Says Colorado Casino Chamonix to Open in December
In conjunction with its first-quarter earnings update, Full House Resorts (NASDAQ: FLL) said today it expects its Chamonix Casino Hotel in Cripple Creek, Colo. will open on Dec. 26. It will feature some restaurants familiar...
DraftKings Lands 10 Price Target Hikes After Upping 2023 Guidance
DraftKings (NASDAQ: DKNG) earned at least 10 bullish price target revisions from sell-side analysts in the second trading day following the release of the company’s upped 2023 revenue guidance. The stock cooled off today, closing...
Hofstra President Uses Tired Arguments to Blast Sands Long Island Casino Plan – Opinion
Hofstra University President Susan Poser will appear before the Nassau County legislature Monday. She’s expected to rip a plan by Las Vegas Sands (NYSE: LVS) to build a new casino hotel near the college in...
