5081 stories by Todd Shriber
Penn, Red Rock Among Casino Stocks Favored by JPMorgan
Analyst Daniel Politzer starts coverage on batch of casino stocks and others Sees smaller ESPN Bet losses, new projects helping Penn shares Penn Entertainment (NASDAQ: PENN) and Red Rock Resorts (NASDAQ: RRR) are among the casino stocks drawing accolades in new coverage...
Weak NBA Finals Ratings Could Dent Sportsbook Operator Earnings
2025 Finals were among lowest-rated for the NBA in recent memory Series between two small city teams could be drag on sportsbook operator earnings The 2025 edition of the NBA Finals was exciting with the series going the maximum seven games while...
EXCLUSIVE: Resorts World Could Push for Vegas NBA Arena
Resorts World Las Vegas rumored to be interested in bidding for NBA arena North Strip casino hotel has over 42 acres of unused land NBA expansion could be in flux following Lakers sale Resorts World Las Vegas, the $4.3 billion casino hotel...
Sportradar Stock Not Getting the Software Respect it Deserves
Sports betting data provider meets software industry “Rule of 40” criteria, but stock isn’t treated as such, says analyst Share price doesn’t reflect growth of in-game betting or potential for the biggest states to legalize sports wagering Shares of Sportradar (NASDAQ: SRAD)...
DraftKings Starts Political Action Committee
Gaming company forms PAC focusing on federal and state candidates Move could be in response to latest Illinois tax increase DraftKings has already been an active political donor DraftKings (NASDAQ: DKNG) filed with the Federal Election Commission (FEC) to start its first...
DraftKings ‘Circumspect’ on Prediction Markets, Says Analyst
Analyst comments arrive amid rumors of a deal between FanDuel, Kalshi DraftKings pulled related regulatory application in April Amid increasing fervor regarding the competitive threat posed by prediction markets to sportsbook operators, DraftKings (NASDAQ: DKNG) appears to be among the gaming companies...
DraftKings CEO on Illinois Tax Hike: ‘Crazy How it All Went Down’
DraftKings boss calls latest Illinois tax hike “ill conceived” Company recently announced it will apply a fee of 50 cents per bet in the state DraftKing (NASDAQ: DKNG) co-founder and CEO Jason Robins is none too pleased with Illinois’ latest sports betting...
MGM China Resurgence Tops Macau Rivals, Says Analyst
MGM China runs two Macau casino hotels Operator benefiting from addition of more table game capacity Macau's gross gaming revenue (GGR) remains below the heights notched before the coronavirus pandemic, but recent data indicate a rebound could be materializing in the special...
The Strat Casino Debuts Rewards Program for Las Vegas Locals
Golden Entertainment-owned casino hotel launches loyalty plan targeting Las Vegas locals segment Program includes free parking The Strat Hotel, Casino & Tower introduced a new loyalty program -- “Strat True Locals” -- geared toward Las Vegas locals. Strat True Locals is a...
Full House Stock Surges as CEO Lee Buys 276K Shares
Stock soars on news of CEO share purchase Regional casino operator extends Lee’s contract through June 2030 Shares of Full House (NASDAQ: FLL) are higher by 18.10% on volume that’s already approaching the daily average in early trading Wednesday following the release...
