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Todd Shriber
5666 stories by Todd Shriber
DraftKings Staking Polygon Rewards, Shares Slump on Analyst Downgrade
DraftKings (NASDAQ:DKNG) is moving further into the cryptocurrency space, announcing today it will stake digital assets to support the Polygon blockchain network. But shares of the gaming company are sliding due to an analyst downgrade....
Century Casinos ‘Incredibly Cheap’ Compared to Peers, Says Analyst
Century Casinos (NASDAQ:CNTY) delivers fourth-quarter results tomorrow, and ahead of that report, an analyst is waxing bullish on the small-cap regional casino operator. In a note to clients, Stifel analyst Jeffrey Stantial reiterates a “buy”...
BetMGM Enters Illinois Just in Time for Mobile Betting Registration
BetMGM, one of the largest iGaming and online sportsbook operators in the US, announced today it's accepting sports wagers in Illinois. The news arrives as the already thriving regulated sports betting market in the sixth-largest...
iGaming Stocks Nearing Bottom, RSI Preferred Idea, Says Analyst
Internet casino and sports wagering equities are being walloped this year. But a bottom could be near for iGaming stocks, and there's a clear way to play a potential rebound, according to one analyst. In...
DraftKings Tumbles Despite Strong EBITDA, Addressable Market Forecasts
DraftKings (NASDAQ:DKNG) is being taken to the woodshed today, even after the gaming company's investor day revealed encouraging long-term earnings before interest, taxes, depreciation and amortization (EBITDA) and total addressable market forecasts. Shares of the...
MGM to Repurchase $2B Worth of its Own Stock
MGM Resorts International (NYSE:MGM) announced Wednesday that its board of directors approved a new $2 billion share repurchase plan. That marks one of the largest shareholder rewards programs in the gaming industry since the start...
SciPlay Acquires Mobile Games Developer Alictus
Social casino developer SciPlay Corp. (NASDAQ:SCPL) is bolstering its lineup of mobile game offerings through the acquisition of Alictus, a Turkish creator of casual games. Under the terms of the deal, Las Vegas-based SciPlay is...
DraftKings Anointed Top Gaming Pick by Morgan Stanley
It's not doing much to move the stock, but DraftKings (NASDAQ:DKNG) is garnering some support today in the form of bullish analyst commentary. Morgan Stanley highlights the daily fantasy sports (DFS) and online sportsbook giant...
Apollo Looking to Merge Yahoo! Sports with Sportsbook Operator
Apollo Global Management (NYSE:APO) is reportedly holding early stage talks about merging Yahoo! Sports with a sports wagering company. CNBC reported the news earlier today, citing unidentified sources that say the private equity company is...
Las Vegas NBA Rumor Heating Up, Pundit Says LeBron James Could Be Involved
This is supposed to be the year in which Las Vegas learns its fate as a potential home of an NBA franchise. While an official announcement from the league hasn't materialized, one pundit believes the...
