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Todd Shriber
5868 stories by Todd Shriber
Meister’s Corvex Lifts Kindred Stake to 15%
Keith Meister’s Corvex Management has boosted its investment in Kindred Group. It could be the latest indication the hedge fund wants the Swedish gaming company to put itself up for sale, and do so soon....
Stacey Abrams Betting on Casinos, Sports Wagering to Boost Georgia Gubernatorial Bid
Georgia Democrat gubernatorial nominee Stacey Abrams is betting on casinos and regulated sports wagering as part of her bid to defeat incumbent Republican Gov. Brian Kemp. On Tuesday, Abrams said if elected, she’d leverage government...
AGS Stock Cheap with Double Potential
Shares of slot machine manufacturer AGS (NYSE:AGS) are trading higher today. That's after the company reported second-quarter earnings before interest, taxes, depreciation and amortization (EBITDA) that beat Wall Street estimates. While the stock is up...
DraftKings Rallies, But Wood’s ARK Invest Trims Stake
Cathie Wood’s ARK Investment Management rang the register on some of its DraftKings (NASDAQ:DKNG) stake on Monday. After spending the first half of 2022 faltering, the stock is higher by 44.66% over the past month,...
DraftKings Faces Second Half Spending Tests
DraftKings (NASDAQ:DKNG) is sparking some confidence among investors following elevated 2022 revenue guidance. And perhaps more importantly, a reduced full-year earnings before interest, taxes, depreciation and amortization (EBITDA) loss estimate. Some analysts believe reduced losses...
Rush Street Interactive Inching Closer to Profitability
Like so many online sportsbook operators, Rush Street Interactive (NYSE:RSI) struggled to reach profitability following its initial public offering (IPO). But those dark days could be drawing to a close. The gaming company reported a...
Century Casinos Compelling Small-Cap Gaming Stock, Says Analyst
Early Friday, Century Casinos (NASDAQ:CNTY) delivered second-quarter results that slightly beat Wall Street expectations. While that wasn’t enough to prevent a 3% decline by the stock, analysts remain upbeat on the name. In a note...
Golden Entertainment Stock Underappreciated Story
Golden Entertainment (NASDAQ:GDEN) slid 9.39% today after the Arizona Charlie’s operator reported second-quarter earnings that missed Wall Street estimates. But some analysts remain bullish on the name. The casino operator notched earnings per share of...
Bally’s Stock Slumps as Atlantic City Prompts 2022 Estimate Cuts
Bally’s (NYSE:BALY) stock slumped Thursday after the regional casino operator cut 2022 revenue and earnings before interest, taxes, depreciation and amortization (EBITDA) estimates. The company cited weakness at its eponymous Atlantic City venue and foreign...
FanDuel Coming to Las Vegas by Way of Boyd Gaming Relationship
It’s not quite what many Nevada sports bettors are hoping for. But the FanDuel brand will be applied to the sportsbook at the downtown Fremont Hotel Casino. Boyd Gaming (NYSE:BYD), which owns that property, will...
