5402 stories by Todd Shriber
Gaming and Leisure Buying Virginia Casino Real Estate in $467M Deal
GLPI is paying $27 million for the land, extending financing of $440 million The casino is located in Petersburg, Va. and will be operated by Cordish and Bruce Smith Enterprise Gaming and Leisure Properties (NASDAQ: GLPI) said today it is acquiring the...
Golden Entertainment Stock Cheap, Real Estate Deal Could Be ‘Transformative,’ Says Analyst
Analyst says real estate holdings offer “transformative upside” He says Golden Entertainment stock is inexpensive relative to peers The stock has lost nearly 30% of its value this year, but Golden Entertainment (NASDAQ: GDEN) is inexpensive relative to its peers and controls...
Polymarket to Launch its Own Crypto Token After Returning to US
Prediction markets operator says it will introduce digital token, conduct airdop Those events will take place after the company reenters the US Polymarket is taking a pragmatic approach to its native cryptocurrency A Polymarket executive recently confirmed the prediction markets will launch...
Boyd, Churchill Downs, Monarch Could Be Players in Casino M&A
These three regional casino operators could loom large in industry consolidation There’s chatter of increased activity across the casino industry Monarch Casino expected to remain selective There are inklings that asset sales in the gaming industry will soon perk up, and some...
Bally’s Removed from ‘Rating Watch Negative’ by Fitch, Rating Still B-
Completion of Intralot transaction helps reduce debt Bally’s still at an impasse with creditors over sale of Rhode Island casino real estate Regional casino operator Bally’s was removed from “rating watch negative” by Fitch Ratings following the recent completion of a $3.17...
Churchill Downs to Spend Up to $300M on Victory Run Project
Enhancement will take place at the company’s famed Kentucky racetrack Victory Run will be located between the First Turn Club and the Skye Terrace Churchill Downs (NASDAQ: CHDN) unveiled a new project at its namesake racecourse aimed at bringing more high-end customers...
Robinhood Adding Over 100 Prediction Markets, Including Politics, Sports
Brokerage firm says it plans to add 100+ event contracts in coming weeks, months It’s already added 35 election contracts in recent days Robinhood partners with Kalshi on prediction markets Robinhood Markets (NASDAQ: HOOD) is expanding its already significant prediction markets, pledging...
Sands Surges After Q3 Earnings Beat Supports Dividend, Buyback Boosts
Las Vegas Sands delivers estimate-beating Q3 results Casino operator increases quarterly dividend to 30 cents a share from 25 cents It’s lifting its buyback program to $2 billion Shares of Las Vegas Sands (NYSE: LVS) soared in Wednesday’s after-hours session after the...
MGM Stock 2026 Setup ‘Overly Attractive,’ Says Analyst
Stock battered this year on Las Vegas, leverage concerns Analyst praises MGM for New York decision, Ohio casino sale MGM stock risk/reward favors the upside, he says Down 5.21% year to date while the S&P 500 is higher by 14.5%, MGM Resorts...
DraftKings Declares Prediction Markets Entry, Finally Buys Railbird
DraftKings is buying Railbird Exchange Company announces upcoming launch DraftKings Predictions Doesn’t mention sports event contracts Ending several months of speculation, DraftKings (NASDAQ: DKNG) announced today it’s buying Railbird Technologies, the parent company of prediction markets firm Railbird Exchange. The sportsbook operator...
