4981 stories by Todd Shriber
Genius Sports Tumbles Despite Encouraging 2023 Outlook
Genius Sports (NYSE:GENI) stock is sliding today after the sports betting data provider's fourth-quarter loss was wider than expected. In the last three months of 2021, Genius lost 28 cents a share on revenue of $84.01 million. Analysts expected a loss of...
PlayAGS Slides on Earnings Miss, Analyst Sees Brighter Days Ahead
Shares of gaming supplier PlayAGS (NYSE:AGS) are off 10% in early trading after the company's fourth-quarter loss was wider than expected. But some analysts see reasons to be optimistic about the stock. The Las Vegas-based slot machine manufacturer said it lost 25...
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...
MGM Investor Barry Diller Hits ‘Lucky Bet’ on Activision Options, Draws Federal Scrutiny
IAC/InterActiveCorp (NASDAQ:IAC) Chairman Barry Diller, whose company is the largest non-institutional shareholder in MGM Resorts International (NYSE:MGM), is in hot water with federal authorities. They are looking at him regarding a well-timed options bet on video game publisher Activision Blizzard (NASDAQ:ATVI). The...
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....
Games Global Reportedly in Merger Talks with SPAC Tailwind Acquisition
Games Global, which describes itself as a supplier to the online gaming industry, is reportedly in merger discussions with special purpose acquisition company (SPAC) Tailwind Acquisition Corp. (NYSE:TWND). Analysts value the combined company at $3 billion. Games Global was founded last year...
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...
