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Todd Shriber
5666 stories by Todd Shriber
Bally’s Downgraded as Analyst Sees Mounting Macro, Regulatory Risks
Ahead of its third-quarter earnings report on Thursday, Bally’s (NYSE: BALY) was downgraded by a sell-side analyst who cites a variety of near-term risks. In a note to clients, Stifel analyst Jeffrey Stantial lowered his...
Boyd Gaming Wraps Up $170M Pala Interactive Acquisition
Boyd Gaming (NYSE: BYD) announced today that it has put the finishing touches on its previously announced $170 million, all-cash acquisition of Pala Interactive. The regional casino operator said in March its Boyd Gaming Interactive...
NBA 2K League Disqualifies Five Players for Violating Betting Policies
The NBA 2K League -- an esports league based on the popular basketball video game -- has disqualified five players and a coach for violations of the association’s betting and fantasy sports protocols. Details are...
Casino Operators’ Q3 Revenue Keeping Pace with Spending
Third-quarter earnings season is in full swing, and several casino operators already reported with an important takeaway: revenue is keeping pace with operating expenditures. Some of the casino companies that delivered results for the September...
Tilman Fertitta Takes 6.1% Stake in Wynn Resorts
Tilman Fertitta’s Fertitta Entertainment includes the Golden Nugget casino empire. But the billionaire businessman is investing in rival Wynn Resorts (NASDAQ: WYNN) as well. A Schedule 13G filing with the Securities and Exchange Commission (SEC)...
Gaming and Leisure Properties Interested in Strip Real Estate Acquisition
After previously indicating it wasn’t enamored by the prospect of increasing its footprint on the Las Vegas Strip, Gaming and Leisure Properties (NASDAQ:GLPI) is signaling willingness to consider a Sin City acquisition. The real estate...
Red Rock Q3 Earnings Not Exciting, Some Pleasant Surprises Delivered
Red Rock Resorts (NASDAQ: RRR) delivered third-quarter earnings after the close of US markets on Thursday, telling investors it earned 83 cents a share on revenue of $414 million. While net income fell to $95.5...
Apple Yanks Gaming Ads from App Store Amid Developer Outrage
Apple is halting the dissemination of wager-related advertisements on product pages in the App Store following backlash from developers. Reports surfaced that developers recently spotted an influx of ads tied to potentially dubious online gaming...
FanDuel, Sportradar Ink Lengthy NBA Data Agreement
FanDuel and Sportradar announced Wednesday a new NBA data accord that runs through the end of the 2030-31 season. Financial terms of the pact weren’t revealed, but the new agreement, in part, serves as an...
Sands Most Likely to Retain Macau License, Says Morgan Stanley
Las Vegas Sands’ (NYSE: LVS) Sands China unit is the least likely of the six current Macau concessionaires to lose its license in the special administrative region’s (SAR) retendering scheme, according to Morgan Stanley analysts....
