Areas of Expertise
5081 stories by Todd Shriber
HG Vora Makes Final Push for Votes in Penn Proxy Fight
Hedge fund attempting to procure votes for its “Gold Card” directors slate Penn’s annual meeting is scheduled for June 17 Like a politician making a late October play for votes in advance of Election Day, HG Vora is engaging in a final...
Fertitta Wynn Stake to Be Scrutinized by NGCB
NGCB to evaluate Feritta’s suitability as investor in Wynn Likely a perfunctory step because he holds a Nevada gaming license At its Wednesday meeting, the Nevada Gaming Control Board (NGCB) will assess Tilman Fertitta’s suitability as a shareholder in Wynn Resorts (NASDAQ:...
Penn Fires Back at ISS, Says Clifford Candidacy Is Flawed
Casino operator responds to proxy advisor's report encouraging investors to vote for three dissident board candidates ISS report endorsed HG Vora’s directors slate Penn says Clifford holds “antiquated views” Late Friday, Penn National Gaming (NASDAQ: PENN) responded to a report released earlier...
X Says Polymarket Is ‘Official Prediction Market Partner’
Social media giant, prediction market are joining forces Announcement arrives weeks after rumored deal between X and Kalshi Elon Musk’s X, the social media site formerly known as Twitter, announced today it is partnering with prediction market Polymarket. The announcement, which posted...
ISS Endorses HG Vora in Penn Entertainment Proxy Fight
ISS becomes second proxy firm to support HG Vora in fight against Penn Advisory firm says Penn investors should vote for all three directors proposed by the hedge fund ISS highlights Penn’s online gaming missteps Institutional Shareholder Services (ISS), one of the...
Nassau County Casino Plan Close to Death
Blakeman acknowledges casino plan unlikely to move forward Sands will develop Nassau Hub in other ways The plan to bring a casino hotel to Nassau County, NY is all but dead at this point as County Executive Bruce Blakeman noted earlier today...
Fanatics Investor Jay-Z Places $1M NBA Finals Bet with Sportsbook
Rapper bets $1 million with Fanatics on Oklahoma City winning series He believes the Thunder will beat the Pacers in five games Entertainment mogul and rapper Jay-Z is putting his money, of which he has plenty, where his mouth is when it...
Bally’s Drags on Gaming and Leisure Properties Stock, Says Analyst
REIT is Bally’s primary landlord Analyst says Chicago, Bally’s credit issues have weighed on GLPI shares Construction of Bally’s Chicago casino hotel potentially running behind schedule and the operator’s junk-rated credit profile appear to be drags on shares of Gaming and Leisure...
Sportradar Stock Supported by Margin Expansion, Growth Outlets
Sports betting data provider expected to significantly boost EBTIDA margins Could realize new growth opportunities via IMG Arena deal, iGaming Sportradar (NASDAQ: SRAD) could be a compelling long-term bet among gaming stocks as the sports betting data provider realizes new top-line growth...
VICI Says Dividend, Las Vegas Growth are High Priorities
Casino landlord says Strip development is its biggest opportunity REIT also wants to continue boosting dividend VICI Properties (NYSE: VICI), the largest owner of casino real estate, sees significant value in its Las Vegas Strip footprint and wants to continue growing its...