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Todd Shriber
5666 stories by Todd Shriber
Former Texas Gov. Rick Perry Joins Sports Betting Alliance
Sports wagering isn’t legal in Texas, but there’s mounting support to change that, including among politicians such as former Gov. Rick Perry. Perry, a Republican, joined the Sports Betting Alliance -- a group comprised of...
BetMGM Seen as Most Credible Threat to FanDuel’s Dominance
Flutter Entertainment’s (OTC: PDYPY) Wednesday investor day went a long way toward confirming FanDuel’s dominant perch in the US online gaming market and the operator’s attractive growth prospects. Finding credible threats to the FanDuel crown...
AEI Bashes New York Casino Plan, Calls It ‘Loser City’ Move
Howard Husock, a senior fellow with the right-leaning American Enterprise Institute (AEI), has excoriated plans to bring a casino to New York’s Times Square, He notes that cities with downtown gaming venues have something in...
Flutter Forecasts Massive FanDuel Revenue Growth, Sees $40.5B US Market
Flutter Entertainment (OTC:PDYPY) said its FanDuel unit could generate annual revenue growth of 4.5x to 5x through 2030 while forecasting a total addressable market in the US of $40.5 billion by that year. The Irish...
Texas Casino, Sports Betting Bill Filed by State Senator
Texas state Sen. Carol Alvarado (D-Houston) is preparing to bring casino gaming and sports betting legislation to the floor during the state’s 2023 legislative session. On Monday, she prefiled Senate Joint Resolution 17, which, if...
BetMGM Gets an ‘F’ From Better Business Bureau
Since the 2018 Supreme Court ruling on the Professional and Amateur Sports Protection Act (PASPA), regulated sports wagering is more accessible to a larger percentage of the US population than ever before. That also means...
PlayAGS Tumbles on Apollo Offering, Analysts Question Timing
Shares of PlayAGS (NYSE:AGS) plunged Tuesday. That's after the gaming device manufacturer announced the sale of more than 8.2 million shares held by private equity firm Apollo Global Management (NYSE:APO), prompting sell-side analysts to question...
Penn Entertainment Rallies Amid Activist Investor Chatter
Shares of Penn Entertainment (NASDAQ:PENN) jumped 4.59% today on volume that was nearly double the daily average. The movement came on speculation an activist investor took a stake in the gaming company. That surge, which...
Shubert Organization Voices Opposition to Times Square Casino Plan
The Shubert Organization is the latest powerful Broadway group to criticize plans for a casino in New York’s Times Square. Shubert, the largest theater owner on Broadway, joins the Broadway League in opposing a proposal...
Wynn CEO Craig Billings Applauds Tilman Fertitta Prescient Buy of Casino Stock
Among the recent, eye-catching headlines in the gaming industry is the revelation that Tilman Fertitta’s Fertitta Entertainment now owns 6.1% of the shares outstanding in Wynn Resorts (NASDAQ:WYNN). Wynn CEO Craig Billings applauded the move...
