5670 stories by Todd Shriber
MGM CFO Jonathan Halkyard Sees Convention Biz Improving, BetMGM Progress
MGM Resorts International (NYSE: MGM) could evaluate more acquisitions following the purchase of the LeoVegas online casino. That's while continuing to reward investors via share buybacks, noted CFO Jonathan Halkyard. Halkyard made the comments Tuesday...
Twitch Updating Betting Policies, Takes Aim at Foreign Internet Casinos
Streaming platform Twitch said today it will update its policy on betting on Oct. 18, taking aim at companies based outside the US that offer dice games, roulette, and slot machines. The company, a unit...
Penn Entertainment Stock Supported by Regional Casinos
As the parent company of Barstool Sportsbook and other digital gaming enterprises, Penn Entertainment (NASDAQ:PENN) is often discussed through the lens of online gaming. But one analyst encouraged investors to place more emphasis on the...
September Football Hold Setting Up Well for Books, Says Analyst
September football hold for sportsbook operators is setting up nicely, with upsets predictably playing a big part in that equation. In sports wagering, “hold” refers to what sportsbook operators keep as a percentage of every...
Circa Survivor Pool Further Pared Thanks to Bungling Cincinnati Bengals, Cleveland Browns
Thanks to upsets that victimized a trio of AFC North teams, the roster of Circa Survivor participants still “on the island” following week two of the 2022 NFL season is significantly lower than it was...
Genting Could Support Struggling Macau Concessionaire
In the days since Genting Malaysia surprised the gaming industry by revealing its application for a Macau gaming license, the prevailing wisdom among analysts is that the company won’t be successful in beating an established...
Genius Sports Stock Could Get NFL Lift, Says Analyst
The 2022 NFL season is in full bloom, and Wall Street expects that to be a catalyst for sportsbook equities. Football could also bring needed relief for technology and data providers, such as Genius Sports...
Marina Bay Sands, RWS Rates Soar as Singapore Waits on F1 Race, Investment Confabs
With Singapore welcoming back major investment conferences and Formula 1, room prices in the city-state are soaring, and that’s benefiting the two integrated resorts there. Room rates at Marina Bay Sands (MBS) and Resorts World...
Casino REITs a Standout in Real Estate Sector
Due in large part to rising interest rates, the real estate sector is sagging. But casino real estate investment trusts (REITs) are shining bright amid a challenging macroeconomic environment. The widely followed FTSE Nareit Equity...
PointsBet, WynnBET Drop NFL Ad Spending
NFL fans watching games on television this year may notice PointsBet and WynnBET are absent from the fray of sportsbook advertisers. Both companies declined to renew “approved sportsbook operators” status with the league for the...