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Todd Shriber
5867 stories by Todd Shriber
Everi Buying Venuetize Assets to Boost Loyal Engagement Tech
Everi Holdings (NYSE: EVRI) revealed its first acquisition outside the gaming business on Tuesday, announcing its purchase of certain assets from Venuetize, Inc. Privately held Venuetize specializes in mobile technologies. While it’s not a dedicated...
SciPlay Soars After Activist Investor Urges Sale to Light & Wonder
Shares of SciPlay (NASDAQ: SCPL) surged 5.68% in Monday’s extended trading session. That's after activist investor Engine Capital pushed the mobile games developer to consider selling itself to Light & Wonder (NASDAQ: LNW). Slot machine...
Circa Rolls Out ‘Empathy Package’ for Survivor Losers
Four weeks of the 2022 NFL season are in the books, and it’s fair to say the trend of underdogs winning outright is great news for sportsbooks and lousy for participants in survivor pools, such...
Sports Bettors Likely to Spend Big this Fall, Survey Says
The percentage of Americans engaging in sports wagering and fantasy sports where money is involved is relatively low. But, those bettors are big spenders, according to a new LendingTree survey. In a poll covering Americans’...
Casino Stocks Primed for Third-Quarter Earnings Beats
The third quarter was a forgettable one for casino stocks, as the group shrunk alongside the broader market. But those declines could belie a strong batch of earnings. With the arrival of the fourth quarter,...
Musk Twitter Feud Has Hollywood Feel, Gaming Ties
Elon Musk’s efforts to acquire Twitter (NYSE:TWTR) that's turned into a refusal to follow through with the deal is generating Hollywood-level drama. It's happening while highlighting previously overlooked ties to the gaming industry. A Bloomberg...
Genting Malaysia Pursuit of Macau License Seen as Credible
Earlier this month, Genting Malaysia stunned the gaming industry by entering Macau’s upcoming retendering process. While the special administrative region’s (SAR) update to gaming laws makes room for six concessionaires -- the current number operating...
DraftKings Lauded by Previously Bearish Research Firm
DraftKings' (NASDAQ: DKNG) stock was endorsed today by Hedgeye -- a research firm that was previously overtly bearish on the gaming company’s shares. In a note to clients on Thursday, Hedgeye analysts Todd Jordan and...
BetMGM Customer Says Access to Winnings Denied, Company Exploited His Habit
Sam Antar is suing BetMGM, claiming the online gaming company denied him access to his winnings while enticing him to remain a customer with bonuses. He claims the company was preying on his compulsive wagering...
Deutsche Bank Bullish on US Sports Wagering Growth
In an expansive 47-page report, Deutsche Bank has sounded an optimistic tone on the state of the US regulated sports wagering market. The report forecast August gross gaming revenue (GGR) of $510 million for domestic sportsbook...
