Main menu
Todd Shriber
5666 stories by Todd Shriber
Caesars Among Biggest NFL Sponsorship Spenders
The NFL hauled in $1.88 billion in sponsorship revenue last year with gaming/wagering ranking as one of the top categories. In that group, Caesars Entertainment (NASDAQ: CZR) led the way. During the 2022 season, which...
MGM CEO Bill Hornbuckle Puts Kibosh on Revisiting Entain Bid
MGM Resorts International (NYSE: MGM) is unlikely to revisit a takeover bid for Entain Plc (OTC: GMVHY) -- its partner in the BetMGM business. MGM CEO Bill Hornbuckle made comments to that effect on the...
MGM Tops Las Vegas Records, Unveils New $2B Share Buyback Plan
MGM Resorts International (NYSE: MGM) announced Wednesday that its fourth-quarter and full-year 2022 earnings before interest, taxes, depreciation, amortization, restructuring or rent costs (EBITDAR), and revenue set new records in Las Vegas and throughout its...
Caesars Unveils Rewards Travel Bundle
Caesars Entertainment announced Wednesday the debut of the Caesars Rewards Travel Bundle, which will allow members of the gaming company’s loyalty program to access one-stop travel booking. With the debut of the travel bundle, customers...
Las Vegas Sands, Wynn Resorts Among Politicians’ Favorite Stocks
Politicians from both parties are active participants in financial markets and gaming stocks. Las Vegas Sands (NYSE: LVS) and Wynn Resorts (NASDAQ: WYNN), are among their favorite holdings. Two exchange traded funds (ETFs) that debuted...
Tilman Fertitta Says Texas Casinos Are Long Shots
Some key politicians, including Gov. Greg Abbott (R-TX), are warming to the idea of casinos in Texas. But Tilman Fertitta believes the endeavor faces long odds. While Abbott has moved from being stridently opposed to...
IGT, Light & Wonder Could Be Gaming Tech Stock Stars
Fourth-quarter earnings reports from gaming technology providers will soon arrive. That has some analysts anticipating good news from the industry. In a new report to clients, Stifel analyst Jeffrey Stantial highlighted several slot machine manufacturers,...
Texas Sports Betting Supported by Key Republican
The effort to bring mobile sports wagering to Texas has the support of a key Republican state senator. On Monday, State Sen. Lois Kolkhorst (R-Brenham) introduced Senate Bill 715 (SB 715) and Senate Joint Resolution...
DraftKings Among ARKK ETF Holdings with Big Upside Potential
Following a brutal 2022 in which it lost two-thirds of its value, the famed ARK Innovation ETF (NYSEARCA: ARKK) is on the mend in early 2023, surging 35.32% since the start of the year. There...
PlayAGS Announces Internet Slot Deal with DraftKings Casino
Gaming device manufacturer PlayAGS (NYSE:AGS) announced today it reached an agreement with DraftKings (NASDAQ:DKNG) to supply the gaming company with content for its internet slot offerings. Financial terms of the agreement weren’t disclosed. But the...
