Main menu
Todd Shriber
5723 stories by Todd Shriber
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...
BetMGM Customer Says Access to Winnings Denied, Company Exploited His Habit
Sam Antar is suing BetMGM, claiming the online gaming company denied him access to his winnings while enticing him to remain a customer with bonuses. He claims the company was preying on his compulsive wagering...
Deutsche Bank Bullish on US Sports Wagering Growth
In an expansive 47-page report, Deutsche Bank has sounded an optimistic tone on the state of the US regulated sports wagering market. The report forecast August gross gaming revenue (GGR) of $510 million for domestic sportsbook...
Genius Sports Develops Predictor Game for Indianapolis Colts
Sports betting data provider Genius Sports has developed a new free-to-play predictor game on behalf of the NFL’s Indianapolis Colts. Available on the team’s mobile application, Pick Six is presented by Caesars Sportsbook. A year...
Gaming CFOs Mostly Upbeat, Strong Dollar Could Pinch Suppliers
Casino industry chief financial officers (CFOs) are mostly optimistic, but a strong dollar could be a drag on other gaming companies, says a sell-side analyst. In a report to clients today, Roth Capital analyst Edward...
Caesars Palace Adds Fees, Ups Pricing for Seating at its Lounges
Even before the 2018 Supreme Court ruling on the Professional and Amateur Sports Protection Act (PASPA), it was common for Las Vegas sportsbook to charge customers for seating during football season. But Caesars Palace on...
Allwyn Entertainment Scraps SPAC Merger
In another sign of stress in the blank-check landscape, European lottery giant Allwyn Entertainment is scrapping plans to merge with special purpose acquisition company (SPAC) Cohn Robbins Holdings (NYSE: CRHC). The deal, which was announced...
