4979 stories by Todd Shriber
PointsBet Could Be Ideal Sports Betting Takeover Target
Following the rapid departure of Fubo Sportsbook from the sports wagering space, industry observers are turning attention to smaller players that could be takeover targets. PointsBet (OTC:PBTHF) is resurfacing as a name that could be attractive to prospective buyers. In his firm’s...
DraftKings Stock Earns Analyst Support
Wall Street remains divided on DraftKings (NASDAQ: DKNG), but the stock drew support Monday from a pair of analysts. Recently, some analysts turned bullish on the beleaguered gaming stock, citing factors such as encouraging hold data to start the 2022 NFL season,...
Caesars Facing ‘Short Change’ Lawsuit by Louisiana Slots Player
A Louisiana man that frequented Horseshoe Casino and Hotel in Bossier City is suing Caesars Entertainment, alleging the gaming giant for years rounded down on slot machine receipts, short-changing customers out of millions of dollars in the process. The suit was filed...
Caesars Spends $4M on New Sportsbook, Poker Room at Illinois Casino
Caesars Entertainment is spending $4 million on enhancements at the Grand Victoria Casino in Elgin, Ill., an effort resulting in a refurbished sportsbook and a new World Series of Poker (WSOP) poker room. Eldorado Resorts -- the company that acquired Caesars in...
Japan Casinos Can Draw MICE Inspiration from Singapore
Japan’s yet-to-be-built integrated resorts can take pages from the meetings, incentives, convention and exhibition (MICE) playbook used by counterparts in Singapore. That’s the sentiment of Schroders Capital. In a recent paper, Andrew Haskins, head of strategy and investor advisory, real estate for...
FanDuel Tops Q3 Sports Betting App Rankings
After tussling with and ceding the top spot to rival DraftKings in the second quarter, FanDuel’s sports betting mobile application ranked tops among such offerings in the July through September period. That’s according to research firm Eilers & Krejcik Gaming's third-quarter rankings,...
Golden Entertainment Can Shine Among Casino Stocks
Golden Entertainment (NASDAQ: GDEN) stock is drawing sell-side praise as a potential star in the making among casino equities. In a note to clients today, CBRE Equity Research analyst John DeCree resumed coverage of the Strat operator with a “buy” rating and...
Caesars, SL Green Teaming Up on Times Square Casino Bid
Caesars Entertainment announced it's partnering with SL Green Realty on a redevelopment effort at 1515 Broadway in Times Square, including a bid for a New York City casino permit. In promising to spur New York’s economic recovery from the coronavirus pandemic while...
Monarch Casino Eyeing Atlantis Reno Enhancements, Possible Dividend
Monarch Casino & Resort (NASDAQ:MCRI) announced today it is planning to renovate the second hotel tower at Atlantis Casino Resort Spa Reno early next year and is mulling paying a dividend. The gaming company made those declarations in conjunction with reporting record-breaking...
Las Vegas Sands Q3 Results Supported by Singapore, Hindered by Macau
Third-quarter results for Las Vegas Sands (NYSE: LVS) are a repeat for investors: Strength in Singapore while headwinds remained in Macau. After the close of US markets Wednesday, the gaming company reported a loss of 27 cents a share on sales of...
