5082 stories by Todd Shriber
Coolbet CEO Svendsen Rips GAN Leadership in LinkedIn Post
Former Coolbet CEO and founder Jan Svendsen recently took to LinkedIn with scathing commentary on GAN Ltd. (NASDAQ:GAN) -- the gaming technology provider that acquired his company last year. Svendsen, a 35-year gaming industry veteran with a track record of starting companies...
Caesars Offering $5,250 Annually in Student Loan Assistance for Staffers
Workers across a variety of industries struggle to service student loan obligations. But Caesars is easing that burden for its employees. The largest domestic gaming company by number of venues today announced a new education assistance program for its nearly 50,000 workers,...
Casino REITs Destination for Inflation Protection
Confirming the notion that the real estate sector is a good place to be when inflation is high, as is the case today, Gaming and Leisure Properties (NASDAQ:GLPI) and VICI Properties (NYSE:VICI) are both sharply outperforming the S&P 500, as well as...
Casino Stocks Inexpensive as Gaming Revenue Shows Resiliency, Says Analyst
Casino stocks are trading at heavily discounted valuations, and gross gaming revenue (GGR) is proving surprisingly sturdy against a challenging macroeconomic backdrop. That’s the sentiment of Roth Capital analyst Edward Engel, who in a note to clients today points out that while...
Penn National Earnings Improving Despite Tumbling Share Price
Simply because a stock’s price is sliding doesn’t mean the company can’t generate increasing earnings per share (EPS). Penn National Gaming (NASDAQ:PENN) is a prime example of that scenario. Credit Suisse recently screened S&P 500 member firms for names with the combination...
Gaming Stocks Are Often Losing Bets in June
If history holds true to form, the last thing already struggling gaming stocks want is the arrival of June. But that’s inevitable. Wednesday marks the start of the sixth month of the year, and with it arrives an often ominous stretch for...
Cosmopolitan Mortgage Bond Terms Boosted by Issuing Banks
A consortium of banks shopping a commercial mortgage-backed security (CMBS) issued by the owners of The Cosmopolitan Las Vegas are attempting to make the terms of the $3 billion in debt more attractive to lure investors. Bank of America Securities, Citigroup, Goldman...
Penn National Stock Has Penchant for Memorial Day Week Slumps
The Memorial Day trading week for US equity markets commences on Tuesday, May 31, as exchanges are closed Monday in observance of the holiday. With the shortened trading week beckoning, there are some trends to consider, including one that pertains to Penn...
Kambi Takeover Talk Heating Up, Fanatics, Sands Could Be Interested
Takeover chatter regarding Kambi Group Plc (OTC:KMBIF) is intensifying. That's after shares of the sports betting technology provider soared Wednesday, and one research firm has some interesting ideas pertaining to potential suitors. Entering today, Kambi shares were higher by 24% month-to-date. That...
Casinos Could Be Crimped By High Gas Prices, Bigger Concern for Travelers Than COVID-19
Memorial Day Weekend is here, marking the start of the summer travel season. But soaring gas prices will factor into consumers’ plans, potentially weighing on the casino industry in the process. In fact, a new survey by the American Hotel & Lodging...
