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Todd Shriber
5666 stories by Todd Shriber
IAC/Interactive Could Make Waves with MGM Stake in 2022
This could be the year of interesting happenings in the relationship between Barry Diller’s IAC/InterActiveCorp (NASDAQ:IAC) and MGM Resorts International (NYSE:MGM), according to some analysts. In a note to clients today, JPMorgan analysts Cory Carpenter...
Elys Game Technology Drops Canada Stock Listing
Elys Game Technology (NASDAQ:ELYS), a gaming technology provider, delisted its Canada-traded shares. The decision comes nearly a year to the day that the sports betting and interactive gaming technology company announced a listing on Canada's...
Okada Manila Pursuing Philippines Equity Listing
Okada Manila, the Philippines integrated resort controlled by Universal Entertainment Corp., is looking to list shares in that market. Its plan to do so appears remarkably close to a previously announced effort to list the...
Penn National Could Be High Beta Redemption Story, Says JPMorgan
Penn National Gaming (NASDAQ:PENN) stock is languishing through a forgettable 2021. With just one trading day left in the year, the shares are off 43.19 percent year-to-date, and reside almost 64 percent below the 52-week...
Inspire Entertainment Could Inspire Stock Gains Amid Takeover Activity
Among gaming equities, Inspired Entertainment (NASDAQ:INSE) isn't getting much attention this year. But recent performance and other factors indicate that should change. Last week, Flutter Entertainment said it's acquiring Italy’s online gaming platform Sisal for...
Sports Betting Advertising On Torrid Expansion Pace
Data confirms sportsbook operators aren't shy about spending money to lure bettors, providing windfalls for advertising agencies and media outlets in the process. The gaming industry, including regulated sports wagering, spent $488 million on advertising...
DraftKings, Penn National On Goldman Sachs List of Potential 2022 Winners
DraftKings (NASDAQ:DKNG) and Penn National Gaming (NASDAQ:PENN) -- two of this year's most repudiated gaming equities -- could be big winners in 2022, according to Goldman Sachs. The bank recently published a list of 40...
DraftKings NFT Plans Spur Interest in Cryptocurrency Polygon
DraftKings' (NASDAQ:DKNG) recently announced non-fungible token (NFT) plans are stoking increasing interest in Polygon, a previously unheralded cryptocurrency. In July, the sportsbook operator announced the creation of DraftKings Marketplace, which features “curated NFT drops and...
Las Vegas Sands Stock Beaten Up, But Inexpensive
Down 35.25 percent year-to-date, Las Vegas Sands (NYSE:LVS) is one of 2021's most downtrodden gaming stocks. But some market observers believe it's a name that can't be ignored. Amid coronavirus travel restrictions and regulatory concerns...
Flutter Could Use FanDuel Cash for More Deals, Fox Still in Way
Fresh off the $2.2 billion purchase of Italy's Sisal announced last week, Flutter Entertainment (OTC:PDYPY) could be on the prowl for more acquisitions. Capital is needed for deals, and an effective avenue for generating that...
