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Todd Shriber
5820 stories by Todd Shriber
Disney CEO Bob Iger Lukewarm on Sports Betting
In his second stint as chief executive officer of ESPN parent Walt Disney (NYSE: DIS), Bob Iger appears to accept sports betting is part of the equation for the broadcasting giant. But he wants to...
PointsBet Reportedly Exploring US Sale, Bally’s Could Bid
PointsBet (OTC: PBTHF) reportedly engaged investment bank Moelis & Co. to explore a sale of its North American operations. It's a sign the company wants to focus on its more profitable Australian business. Both PointsBet...
Texas Region Could Benefit from Casinos
The Texas legislature is considering multiple bills pertaining to casino gaming and sports wagering. While it remains to be seen if any will pass, some economists are already speculating on the potential benefits and drawbacks...
Las Vegas Sands Earns Bullish Call in New Coverage
With the Macau recovery proving stronger than many analysts and experts forecast, Las Vegas Sands (NYSE: LVS) ranks as one of 2023’s best-performing gaming equities. Its 17% gain is well ahead of major equity benchmarks....
MGM Osaka Casino Pitch Likely to Be Confirmed
In what could be a boon for MGM Resorts International’s (NYSE: MGM) global expansion efforts, Japanese policymakers appear poised to sign off on the development of a casino resort in Osaka. Various Japanese media outlets...
MGM, Sands, Wynn Shares Could Get New York Casino Boost, Says Analyst
The competition for three downstate casino licenses in New York is a long way from being decided. But one analyst is already forecasting potentially significant share price impacts for three contenders. In a note to...
Everi Buying Select Video King Assets for $59M
Everi Holdings (NYSE: EVRI) announced Tuesday it's acquiring certain assets of Video King for $59 million. It's a deal the buyer says will be immediately accretive to cash flow and adjusted earnings before interest, taxes,...
Wynn Resorts Earns Price Target Boost on Macau Rebound
Shares of Wynn Resorts (NASDAQ: WYNN traded modestly higher Monday after a sell-side analyst lifted his price target on the stock, citing a strong rebound in Macau gross gaming revenue (GGR). In a note to...
Playtika Could Be Target of Private Equity Firms
Shares of mobile games developer Playtika (NASDAQ: PLTK) jumped 1.97% Monday on volume that was nearly quadruple the daily average amid speculation that private equity companies could be eyeing the Israeli firm as a takeover...
Cal Neva, Former Haunt of Sinatra’s Rat Pack, Sold to Real Estate Developer
The history-rich Cal Neva Resort and Casino was sold to a Denver-based real estate developer for an undisclosed sum. The Lake Tahoe property, which derives its name from residing along the California-Nevada border, opened in...
