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Todd Shriber
5672 stories by Todd Shriber
Caesars Palace Dana White’s Favorite Las Vegas Casino
Ultimate Fighting Championship (UFC) boss Dana White is a proficient gambler, and that might be an understatement. He’s not banned, per se, from many Las Vegas casinos. But some of those venues don’t want his...
Kansas Sportsbooks Open in Sept., Mobile Betting Will Make NFL Season Start
Sports betting will be live in Kansas on Sept. 1, with mobile wagering launching a week later, confirming bettors in the state will be able to participate all of the 2022 NFL regular season. Kansas...
Madison Square Garden Mulling Spin-Off of MSG Sphere, TAO Group Unit
Madison Square Garden Entertainment Corp. (NYSE:MSGE) said today its board of directors granted the company permission to evaluate a spin-off of its live entertainment business. The news has Las Vegas implications. The company owns the...
Penn Entertainment Now Owns 100 Percent of Barstool Sports
Penn Entertainment (NASDAQ:PENN) has exercised its rights to acquire all of Barstool Sports. That means David Portnoy’s media outfit will become a wholly owned subsidiary of the gaming company. The company, previously known as Penn...
MGM Eyeing $100K Packages for Las Vegas F1 Race
Formula One is the glitziest of motorsports, and that reputation will be in full effect when the circuit makes its debut in Las Vegas in Nov. 2023. The Sports Business Journal reported MGM Resorts International...
DraftKings Earns ‘Buy’ Rating From Once Bearish Analyst
DraftKings (NASDAQ:DKNG) stock is in rally mode of late, and Wall Street is taking note. Some analysts are turning bullish on the name ahead of the start of football season. In a note to clients...
AGS/Inspired Deal May Not Happen or Could Reach $13 a Share: Analyst
It’s possible that Inspired Entertainment’s (NASDAQ:INSE) pursuit of AGS (NYSE:AGS) doesn’t end in a consummated deal. But it’s also plausible the suitor boosts its offer for the slot machine maker. That’s the sentiment of Stifel...
AGS/Inspire Deal Would Be Accretive, Boost Free Cash Flow, Says Analyst
Shares of gaming device maker AGS (NYSE:AGS) jumped 7.78% today on more than double the average daily volume. That's as market participants digested news of the company rebuffing a $10 per share takeover bid, reportedly...
Daniel Loeb Pushes Disney for ESPN Spinoff, Sees Sports Betting Opportunity
Daniel Loeb’s Third Point hedge fund has initiated a new position in Walt Disney (NYSE:DIS) said to be worth about $1 billion. He's pushing the company to spin off ESPN. The move could make it...
Entain Buying Binge Makes MGM Deal Trickier
Entain Plc (OTC:GMVHY) is on a deal-making spree, and that added heft could make it harder and more expensive for MGM Resorts International (NYSE:MGM) to potentially revisit a takeover bid for the Ladbrokes owner. Last...
