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Todd Shriber
5666 stories by Todd Shriber
DraftKings, Rush Street Interactive Price Targets Slashed by Oppenheimer
A day after the Super Bowl, gaming equities are mixed and some sports betting stocks are dithering following the conclusion of football season. That includes DraftKings (NASDAQ:DKNG) and Rush Street Interactive (NYSE:RSI), which are trading...
Kambi Could Be Takeover Target After Ditching Poison Pill
Takeover speculation is swirling around Kambi Group Plc (OTC:KMBIF). That's after the sports betting platform provider ditched a poison pill provision hindering its ability to be acquired. Kambi said last week it satisfied the terms...
BetMGM Debuts Sports Wagering in Puerto Rico Ahead of Super Bowl
Just in the nick of time for Super Bowl LVI, BetMGM is launching sports wagering in Puerto Rico -- the operator's initial foray outside the continental US. BetMGM is now available at Casino del Mar...
DraftKings Stock Wild Ahead of Super Bowl
DraftKings (NASDAQ:DKNG) stock is experiencing a turbulent day ahead of Super Bowl LVI and ahead of the company's fourth-quarter earnings report on Feb. 18. Earlier today, the downtrodden stock traded higher by as much as...
Monarch Casino Smashes Q4 Estimates on Black Hawk Ramp
Shares of Monarch Casino & Resort (NASDAQ:MCRI) are soaring Thursday. That's after the regional casino operator reported estimate-trouncing fourth-quarter results, and as an analyst ups his outlook on the stock. In midday trading, Monarch stock...
MGM on Buyback Binge, Sees Cosmopolitan Buy Closing in Q2
MGM Resorts International (NYSE:MGM) reported fourth quarter results that blew past Wall Street estimates. That's while noting it's buying back a significant amount of its stock, and that a pair of marquee transactions are slated...
Penn National Stock Rallies on Susquehanna Upgrade
Penn National Gaming (NASDAQ:PENN) stock is soaring Wednesday. That's after a sell-side analyst waxed bullish on the company's digital gaming unit. In a note to clients, Susquehanna analyst Joseph Stauff lifts his rating on Penn...
Caesars Digital Betting Biz Valuation Not Adequately Appreciated, Says Analyst
Caesars Entertainment (NASDAQ:CZR) is a rising force in the internet casino and online sports betting industries. But an analyst argues the current share price implies negative value for the digital business, while lower-quality rivals command...
Nevada Rep. Susie Lee Discloses Husband Purchased Wynn Resorts Shares
Rep. Susie Lee (D-NV) revealed her soon-to-be former husband, Dan Lee, recently purchased shares of Wynn Resorts (NASDAQ:WYNN). In a periodic transaction report with the clerk of the House of Representatives, Lee, who represents Nevada's...
Bragg Gaming Soars After Raising 2022 Guidance
Shares of Bragg Gaming Group (NASDAQ:BRAG) are surging Tuesday after the Canadian gaming technology provider lifted its 2022 guidance. It also delivered a preliminary outlook for its fourth quarter and all of 2021 that indicates...
