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Todd Shriber
5828 stories by Todd Shriber
BetMGM Mishap Leads to $25k in New Jersey Fines
Last year, BetMGM took a small amount of wagers on New Jersey college basketball teams. But the state prohibits bets on games involving local universities, leading to a fine for the gaming operator. State law...
Caesars, Other Strip Properties Turning Lights Off for Earth Hour
No US city is more synonymous with lights than Las Vegas. But things will look different on the Strip on Saturday night, as some venues go dark from 8:30 p.m. until 9:30 p.m. in observance...
Skillz Stock Rallies on UFC Gaming Deal
Mobile games developer Skillz Inc. (NYSE:SKLZ) is rallying Wednesday. That's after the company revealed a multi-year partnership with the UFC -- the dominant mixed martial arts (MMA) association. News of the agreement is fueling a...
Sports Betting Equity Valuations ‘Overcorrected,’ Says Analyst
Following a now lengthy bloodletting among sports betting equities, some names in the group are attractively valued. That factor may not be fully appreciated due to the risk-off sentiment currently permeating financial markets. That’s the...
GAN Hits MGM Resorts with Patent Infringement Suit
Gaming technology provider GAN Ltd. (NASDAQ:GAN) is suing MGM Resorts International (NYSE:MGM). It alleges the Mandalay Bay operator is infringing on one of the tech company’s patents to link its casino and sports betting customer...
Kansas Sports Betting Bill Favored By Casinos, But There’s Opposition, Too
The Kansas state House didn’t advance sports betting legislation today, but the chamber could take up the bill next week. If approved and signed into law, House Bill 2740 (HB 2740) would legalize online and...
Rush Street Interactive Inks Deal with Sports Radio Legend Mike Francesca
Rush Street Interactive announced today it reached a content deal with Mike Francesca -- one of the legends of New York sports talk radio. Financial terms of the agreement weren’t revealed, but the pact calls...
Wynn Resorts Stock Has Rebound Potential, Says Research Firm
Wynn Resorts (NASDAQ:WYNN) stock is higher by 17 percent over the past week. While the casino operator is still in the red on a year-to-date basis, some market observers believe the shares offer compelling near-term...
Capital Group Trims Wynn Macau Investment, Grosses $11.5 Million
Mutual fund giant Capital Group recently reduced its stake in Wynn Macau, grossing $11.5 million last week in proceeds after selling just over 19.45 million shares of the gaming operator. California-based Capital Group, which issues...
Lawrence Ho’s Black Spade SPAC to List in Hong Kong
Black Spade Acquisition, a special purpose acquisition company (SPAC) controlled by Melco Resorts & Entertainment (NASDAQ:MLCO) Chairman Lawrence Ho, is planning to list on the Hong Kong stock exchange, according to a recent regulatory filing....
