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Todd Shriber
5723 stories by Todd Shriber
Caesars Strip Asset Sale Likely Off for Now, Stock Still Has Potential, Says Analyst
Amid rising interest rates and slumping equity prices, the likelihood of Caesars Entertainment (NASDAQ: CZR) selling one of its Las Vegas Strip assets this year is rapidly diminishing. But the stock isn’t without catalysts, according...
Light & Wonder Names Matt Wilson Permanent CEO, MGM Interactive Gets New President
The past several days have been a busy period of high-level executive announcements at publicly traded gaming companies. On Monday, Light & Wonder (NASDAQ: LNW) said Matt Wilson will become chief executive officer on an...
Penn Entertainment Spending Could Be Ill-Timed, Says Analyst
On Monday, Penn Entertainment (NASDAQ:PENN) announced $850 million in new expenditures. But at least one analyst says the spending creates risks and could be poorly timed. In a note to clients, Roth Capital analyst Edward...
ESPN Deal Could Spur DraftKings International Expansion, Say Analysts
DraftKings’ (NASDAQ: DKNG) widely anticipated deal with Walt Disney’s (NYSE: DIS) ESPN unit, which has yet to be confirmed by either party, could spur the gaming company’s international expansion efforts, according to industry analysts. Rumors...
Genius Sports, Sportradar Settle Data Collection Rift
Genius Sports (NYSE: GENI) and Sportradar (NASDAQ: SRAD) today announced the settlement of litigation pertaining to data collection at the games of several European football leagues. Financial terms of the settlement weren’t disclosed, and Genius...
iGaming Q3 Earnings: Good Fortune Emerging
Third-quarter earnings season starts in earnest this week, and while it’ll be awhile before gaming companies step into the earnings confessional, there’s an increasing sense that internet casino operators could deliver positive surprises. In aggregate,...
Light & Wonder Adds to Loyalty Offerings with House Advantage Acquisition
In a move to bolster its loyalty platform portfolio, Light & Wonder (NASDAQ: LNW) announced the acquisition of technology provider House Advantage. Financial terms of the transaction weren’t disclosed, but the buyer is paying cash...
ESPN Deal Could Have Big Benefits for DraftKings, Say Analysts
Analysts see significant benefits accruing to DraftKings (NASDAQ:DKNG) if speculation regarding a sizable agreement with Walt Disney’s (NYSE:DIS) ESPN unit comes to fruition. Rumors to that effect emerged late Thursday, sparking an epic rally in...
DraftKings Stock Spikes Following ESPN Partnership Rumor
DraftKings (NASDAQ:DKNG) is one of Thursday’s after-hours winners, trading higher by almost 11% on speculation the sportsbook operator is nearing an exclusive arrangement with ESPN. Bloomberg broke the story earlier this afternoon, citing unidentified sources...
Big Three Loom Large in iGaming
The internet casino space is still in its infancy. But as is the case with many older industries, the cream is already rising to the top in terms of market share. Four iGaming operators --...
