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Todd Shriber
5726 stories by Todd Shriber
DraftKings CEO Appears Bullish at Conference, Says Some Pro Bettors Still Offshore Action
In comments made today at the Goldman Sachs Travel and Leisure Conference, DraftKings (NASDAQ:DKNG) Chairman and CEO Jason Robins waxed bullish on his company’s trajectory and the broader sports wagering industry. But he cautioned some...
Okada Manila SPAC Deal Nears Closure Amid Founder’s Coup Attempt
Despite a recent coup attempt by its founder -- one some describe as violent -- Okada Manila is close to finalizing a merger with Jason Ader’s special purpose acquisition company (SPAC) 26 Capital (NASDAQ:ADER), setting...
Melco Dividend Not Returning Prior to 2024, Says Moody’s
Melco Resorts & Entertainment (NASDAQ:MLCO) is unlikely to join the ranks of casino operators restoring dividends this year or in 2023. In a recent note, Moody’s Investors Service says Lawrence Ho’s gaming company probably won’t...
Las Vegas NBA Expansion: Commissioner Adam Silver Says Don’t Soon Bet On It
The NBA-to-Las Vegas rumor mill may be poised for closure, and a lengthy one at that, as Commissioner Adam Silver refuted the notion the league will be expanding over the next several years. In remarks...
Texas Station and Fiesta Rancho Remaining Shuttered Through June 2023
At least two of the four gaming venues temporarily closed by Station Casinos during the early days of the coronavirus pandemic will remain that way for another year. The North Las Vegas City Council signed...
Sands CEO Rob Goldstein Sees Macau Rebounding, Comfortable with Licensing
Las Vegas Sands (NYSE:LVS) CEO Rob Goldstein is comfortable with the gaming licensing situation in Macau, and believes it’s just a matter of time before the world’s largest casino center rebounds. Goldstein made the remarks...
Boyd Gaming Joins Buyback Binge with $500M Plan
Boyd Gaming (NYSE:BYD) is joining the gaming industry share buyback bonanza, today revealing a $500 million repurchase program. Potentially making that announcement all the more meaningful for investors is that this isn’t a new buyback...
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...
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...
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...
