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Todd Shriber
5672 stories by Todd Shriber
DraftKings Offering Same Game Parlays Across Multiple Contests
Same game parlays are among the innovations brought about by mobile sports wagering, and DraftKings is going further. It is now allowing bettors to use multiple games to build a potentially more lucrative wager. Typically,...
Las Vegas-Area Casino Guaranteeing $574K Progressive Slot Jackpot
Club Fortune Casino in the Las Vegas suburb of Henderson is guaranteeing the largest jackpot in that town’s history. It announced today (Tues. Sept. 6) it’s partnering with slot machine manufacturer Light & Wonder to...
Circa Staring at More Than $4M in Overlays for Football Contests
With less than four days before entry deadlines arrive, Circa Sports is looking at overlays -- the cash the gaming company has to pony up itself -- to meet the guaranteed $12 million in prizes...
Nebraska Sports Betting Appears Years Away
Thirty one states and Washington, DC currently have live and legal sports wagering, and several more are in the legal though not operational stage. But Nebraska is unlikely to soon join the fray. While the...
Caesars Stock Could Be Super in September
On a historical basis, September is the worst month of the year for the S&P 500. But some members of the widely followed equity gauge often thrive in the ninth month of the year. That...
Casino Stock Winners Have Free Cash Flow, Online Exposure
Casino stocks are incurring plenty of punishment this year, but some analysts see opportunity in the group. That's particularly among digital gaming names, as well as those generating ample amounts of free cash flow. While...
Red Rock Resorts Shuttering Wild Wild West, Will Redevelop Property
Red Rock Resorts (NASDAQ:RRR) said today it is closing the Wild Wild West Gambling Hall & Hotel. That venue will be demolished in anticipation of future redevelopment. Wild Wild West, which is located at the...
Penn Entertainment Pushed Out of S&P 500
Penn Entertainment’s (NASDAQ:PENN) lengthy share price decline is leading to the stock’s removal from the S&P 500. S&P Dow Jones Indices made the announcement today after the close of US markets, noting the regional casino...
Regional Casinos Get July Boost from Lower Gas Prices
The national average gas price is $3.829 per gallon, according to AAA, well above levels seen in late 2020, but off the highs set earlier this year. Those declines provided some support to regional casinos’...
MGM Says 96 Percent of LeoVegas Investors Accept Takeover Offer
MGM Resorts International (NYSE:MGM) said today that 96% of LeoVegas AB investors voted in favor of the casino operator’s takeover of the Swedish gaming company. The price at which those investors accepted a public tender...
