Areas of Expertise
5359 stories by Todd Shriber
Gaming and Leisure Properties Could Be Takeover Target, Says Research Firm
Gaming and Leisure Properties (NASDAQ:GLPI) could be a takeover target as consolidation increases within the real estate sector. That's the opinion of Wide Moat Research CEO Brad Thomas, who highlights the gaming real estate investment trust (REIT) among several REITs that could...
Century Casinos Cheap Stock with Big Upside Potential, Says Analyst
Century Casinos (NASDAQ:CNTY) stock tumbled on Tuesday after the regional casino operator delivered estimate-lagging fourth-quarter results. But some analysts are defending the shares, saying the pullback could be a buying opportunity. In a note to clients, B. Riley analyst David Bain reiterates...
Rush Street Interactive Lands Ontario License
Rush Street Interactive announced today it garnered its iGaming Operator Registration from the Alcohol and Gaming Commission of Ontario (AGCO). That positions the gaming company to enter Canada's largest province. The operator already offers free-to-play games in Ontario and joins a slew...
Caesars CEO Tom Reeg Buys 10,000 Shares, Stock Draws Analyst Praise
On a day of broad-based strength among gaming equities, Caesars Entertainment (NASDAQ:CZR) is one of the leaders of the resurgence. That's on news that CEO Tom Reeg bought shares in the casino operator, and as the stock earns some kudos from analysts....
Factory Mutual Says Wynn COVID-19 Suit Doesn’t Have Physical Damage Grounds
Factory Mutual Insurance Co., one of Wynn Resorts' insurance providers, is asking a federal court to take judicial notice on portions of the gaming company's suit against the insurance provider. It asks that it note the casino operator's COVID-19 policy doesn't include...
Bally’s Offering $100M for Perfect NCAA Tournament Bracket
It's the holy grail of sports predictions, and one that remains consistently elusive. But Bally's Corp. will dole out $100 million to anyone that can correctly pick all 63 games in the upcoming NCAA Men’s Division I Basketball Tournament. The gaming company's...
Genius Sports, Hard Rock Helped NFL Catch Atlanta Falcons’ Calvin Ridley Bets
On Monday, the NFL announced Atlanta Falcons wide receiver Calvin Ridley is suspended for at least the 2022 season for placing wagers on league games, including at least one involving his team. In the aftermath of that news, it appears both a...
Atlanta Falcons’ Calvin Ridley Suspended for 2022 Season for Wagering on NFL Games
Atlanta Falcons wide receiver Calvin Ridley will miss at least the entirety of the 2022 NFL season after the league suspended him for betting on games in 2021. In a statement announcing the suspension, the NFL calls it “indefinite” and does not...
DraftKings Staking Polygon Rewards, Shares Slump on Analyst Downgrade
DraftKings (NASDAQ:DKNG) is moving further into the cryptocurrency space, announcing today it will stake digital assets to support the Polygon blockchain network. But shares of the gaming company are sliding due to an analyst downgrade. Today, the Boston-based online sportsbook operator said...
Century Casinos ‘Incredibly Cheap’ Compared to Peers, Says Analyst
Century Casinos (NASDAQ:CNTY) delivers fourth-quarter results tomorrow, and ahead of that report, an analyst is waxing bullish on the small-cap regional casino operator. In a note to clients, Stifel analyst Jeffrey Stantial reiterates a “buy” rating on Century, while boosting his price...