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Todd Shriber
5820 stories by Todd Shriber
GAN Procures Needed Refinancing, Slashing Interest Expenses
Gaming technology provider GAN Ltd. (NASDAQ: GAN) landed much-needed refinancing with some creditors -- moves that will enable the battered firm to realize significant savings on annual interest expenses. GAN creditor Beach Point Capital is...
Oakland A’s, Red Rock Resorts Close to Las Vegas MLB Stadium Pact
The Oakland Athletics and Red Rock Resorts are reportedly nearing an accord. That would pave the way for the construction of a $1 billion baseball stadium in Las Vegas near Allegiant Stadium. The Nevada Independent...
Monarch Casino & Resort Q1 Results Solid, Analyst Sees Upside Catalysts
Despite weather challenges in Reno, Monarch Casino & Resort (NASDAQ: MCRI) posted strong first-quarter financial results, prompting at least one analyst to highlight positives in the regional casino operator’s story. The Atlantis Reno operator reported...
Fanatics Sportsbook Could Be Live in 12-15 States by Start of 2023 Football Season
Newly minted Fanatics Sportsbook could be live in as many as 15 states by the start of the 2023 football season, according to founder and CEO Michael Rubin. He made those remarks earlier today at...
BetMGM Posts Strong Q1 Showing, On Track for Profitability Later in 2023
BetMGM started 2023 in strong form. That put the internet casino and online sportsbook operator on pace to meet its previously stated goal of turning profitable in the back half of this year. In its...
Golden Nugget Pulling Plug on Nevada Sports Betting App, Could DraftKings Be Replacement?
Golden Nugget is shutting down its Nevada mobile sports wagering application on April 26. The casino operator notified patrons about the decision in a Monday email blast. Customers without pending wagers can withdraw funds via...
Boyd Gaming Revenue Could Pop on Regional Casino Strength
Boyd Gaming (NYSE: BYD) stock is on a tear this year, soaring 20.92%. But there could be upside to that performance due to strength in regional casinos. In a note to clients Monday, JPMorgan analyst...
Penn Entertainment Downgraded, Analyst Cites Valuation
Shares of Penn Entertainment (NASDAQ: PENN) traded lower Monday after an analyst downgraded the stock, noting it’s fairly valued at current levels. In a note to clients on Monday, JMP Securities analyst Jordan Bender downgraded...
Osaka Casino Could Wrest Profitability Crown from Singapore Rivals
Marina Bay Sands and Resorts World Sentosa, the only integrated resorts in Singapore, are two of the most profitable casino resorts in the world. But that status could be threatened by the emergence of a...
Genting Not Rethinking Decision to Scrap Japan Plans
Japan signed off on Osaka as the country’s first casino resort. But that’s not enough to prompt Genting Singapore to revisit its scuttled plans to bid for a gaming license in the country. Amid news...
