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Todd Shriber
5669 stories by Todd Shriber
Regional Casino Q3 Earnings Could Impress, Analyst Has Penn Concerns
Third-quarter earnings season starts in earnest next week, and downtrodden shares of regional casino operators could give investors something to talk about. Gross gaming revenue (GGR) trends in the group remain sturdy. That, despite expectations...
Bill Foley Shuttering Two SPACs, Including One Involved in Scrapped WynnBET Merger
Las Vegas Golden Knights owner Bill Foley is closing two special purpose acquisition companies (SPACs), one of which was involved in a now-defunct gaming industry reverse merger. In the latest sign of a significant cooling...
Everi Buying Venuetize Assets to Boost Loyal Engagement Tech
Everi Holdings (NYSE: EVRI) revealed its first acquisition outside the gaming business on Tuesday, announcing its purchase of certain assets from Venuetize, Inc. Privately held Venuetize specializes in mobile technologies. While it’s not a dedicated...
SciPlay Soars After Activist Investor Urges Sale to Light & Wonder
Shares of SciPlay (NASDAQ: SCPL) surged 5.68% in Monday’s extended trading session. That's after activist investor Engine Capital pushed the mobile games developer to consider selling itself to Light & Wonder (NASDAQ: LNW). Slot machine...
Circa Rolls Out ‘Empathy Package’ for Survivor Losers
Four weeks of the 2022 NFL season are in the books, and it’s fair to say the trend of underdogs winning outright is great news for sportsbooks and lousy for participants in survivor pools, such...
Sports Bettors Likely to Spend Big this Fall, Survey Says
The percentage of Americans engaging in sports wagering and fantasy sports where money is involved is relatively low. But, those bettors are big spenders, according to a new LendingTree survey. In a poll covering Americans’...
Casino Stocks Primed for Third-Quarter Earnings Beats
The third quarter was a forgettable one for casino stocks, as the group shrunk alongside the broader market. But those declines could belie a strong batch of earnings. With the arrival of the fourth quarter,...
Musk Twitter Feud Has Hollywood Feel, Gaming Ties
Elon Musk’s efforts to acquire Twitter (NYSE:TWTR) that's turned into a refusal to follow through with the deal is generating Hollywood-level drama. It's happening while highlighting previously overlooked ties to the gaming industry. A Bloomberg...
Genting Malaysia Pursuit of Macau License Seen as Credible
Earlier this month, Genting Malaysia stunned the gaming industry by entering Macau’s upcoming retendering process. While the special administrative region’s (SAR) update to gaming laws makes room for six concessionaires -- the current number operating...
DraftKings Lauded by Previously Bearish Research Firm
DraftKings' (NASDAQ: DKNG) stock was endorsed today by Hedgeye -- a research firm that was previously overtly bearish on the gaming company’s shares. In a note to clients on Thursday, Hedgeye analysts Todd Jordan and...
