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Todd Shriber
5775 stories by Todd Shriber
MGM CEO Bill Hornbuckle Says Genting Macau Bid Viable
MGM Resorts International (NYSE: MGM) CEO Bill Hornbuckle said the gaming company views Genting Malaysia’s effort to procure a Macau license as credible. In an interview earlier this week with CNBC from the Global Gaming...
MGM Spending $100M on Mandalay Bay Convention Center Remodel
MGM Resorts International announced today it will spend $100 million to spruce up the Mandalay Bay Convention Center. As part of the remodel, the 2.1 million-square-foot convention center will get a variety of technological enhancements...
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...
