5402 stories by Todd Shriber
Strip Casino Operators Poised for 2026 Resurgence
Q3 earnings unlikely to be markedly better than Q2 Q4 trending better ahead of what’s likely to be a vibrant 2026 Analyst says 2026 convention bookings could propel a Strip casino stock rebound With just over two months remaining in the year,...
ESPN Bet Termination ‘Increasingly Likely,’ Says Analyst
Penn Entertainment isn't making enough strides in online sports betting Recent ESPN Bet user acquisition may be trending below expectations Penn, ESPN can mutually opt out of their deal in August 2026 Football season is prime time for sportsbook operators to build...
Better Collective Faces Quartet of Long-Term Headwinds, Says Bear Cave
Betting, sports media entity could be pinched by AI Some readers of Better Collective sites decry declining quality of content Company generates revenue through affiliate relationships, advertising Shares of Better Collective, which trades in Stockholm under the ticker “BETCO,” could be pinched...
Rush Street Interactive Stock Rallies as Colombia Concerns Abate
The stock slumped last Friday on fears regarding a Colombian tax plan It rebounded somewhat Monday as confusion waned Rush Street Interactive (NYSE: RSI) is one of Monday’s gaming stock standouts amid a relief rally following a significant pullback last Friday. In...
CME Eyes Sports Contracts, FanDuel Role Unclear for Now
Report suggests CME Group could offer sports event contracts before the end of 2025 FanDuel’s role, if any, isn’t yet known CME Group (NASDAQ: CME), the owner of the Chicago Mercantile Exchange (CME), is reportedly looking to offer sports event contracts by...
Kraken $100M Acquisition Paves Way for Prediction Markets Entry
Cryptocurrency broker is buying Small Exchange from IG Group for $100 million Deal sets stage for Kraken to enter US prediction markets space Cryptocurrency brokerage firm Kraken is buying Small Exchange from IG Group for $100 million, marking the latest example of...
DraftKings, FanDuel Q4 Hold Rates in Focus Ahead of Q3 Earnings
Operators struggling to capture maximum benefits of NFL season If Q4 holds disappointment, 2026 consensus estimates could be lowered, says analyst Quarter-to-date hold in New York is pacing at 8.6%, below the prior three quarters Prediction markets have delivered headline pressure on...
Times Square Casino Hopes Not Entirely Dead, Says SL Green CEO
Times Square casino plan was first in New York rejected by a CAC SL Green CEO says it’s not “completely dead” Caesars Palace Times Square was the first of the New York City casino proposals to be rejected by a community advisory...
MGM Selling Ohio Casino to Clairvest for $546 Million
MGM is unloading an Ohio casino/racetrack to private equity funds for $546 million Rumor of sale dates back to Q1 of 2024 MGM Resorts International (NYSE: MGM) announced Thursday that it's selling the operating rights of the MGM Northfield Park racino near...
MGM Departure Stokes Concern on Resorts World New York Outlook
MGM departure raises worries about returns on Resorts World New York Operator Genting already dealing with tepid performance at other North American gaming venues Genting New York proposal includes some of industry’s highest tax rates MGM Resorts International (NYSE: MGM) rocked the...
