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Todd Shriber
5665 stories by Todd Shriber
Accel Entertainment Stock Offers Holiday Treat Possibilities, Says Analyst
On a mixed day for gaming equities, Accel Entertainment (NYSE:ACEL) stock is trading higher after a Wall Street analyst upgraded the shares and lifted his price target. In a note to clients today, Macquarie analyst...
DraftKings CEO Jason Robins Fires Back at Short Seller Chanos, Says Claims Are Baseless
DraftKings CEO Jason Robins is clapping back at Kynikos Associates founder Jim Chanos, who yesterday revealed a short position in the online sportsbook operator. On Thursday, Chanos noted he's short richly valued emerging growth stocks...
FAST Acquisition Balks at Fertitta Merger Termination, Could Mean Court Battle
FAST Acquisition (NYSE:FST), the blank-check company that in February agreed to merge with Tilman Fertitta's Fertitta Entertainment (FEI), isn't playing ball with the Texas billionaire's efforts to scrap that agreement. That potentially sets the stage...
Chanos Shorts DraftKings, Calls Business Model Flawed, Still Bearish on Wynn Resorts
Citing frothy valuations, Kynikos Associates founder Jim Chanos is betting against some high growth stocks, including a pair of gaming names. In an interview with CNBC, Chanos said he's been short DraftKings (NASDAQ:DKNG) for most...
Caesars Among Corrected Stocks with Most Upside Potential
Caesars Entertainment (NASDAQ:CZR) is following other gaming equities lower as of late, as fears about the spread of the COVID omicron variant punish travel and leisure names. But the casino operator could be offering significant...
Oakland A’s Reportedly Bidding for Las Vegas Stadium at Tropicana
Las Vegas could be on the brink of pilfering another professional sports franchise from Oakland. A report has surfaced that the Oakland Athletics (A's) are bidding for a stadium at the site of the Tropicana...
Scientific Games Acquires ELK Studios to Boost iGaming Platform
In an effort to bolster its iGaming content portfolio, Scientific Games (NASDAQ:SGMS) is acquiring European games developer ELK Studios. Financial terms of the transaction weren't disclosed. The deal is part of Scientific Games' ongoing effort...
GAN Sees Value in Battered Stock, Reveals $5 Million Share Buyback
Gaming technology provider GAN Ltd. (NASDAQ:GAN) said its board of directors approved a $5 million share repurchase program. That could be a sign the company sees value in its downtrodden stock, which lost nearly a...
MGM Stock Beloved by Retail Investors
MGM Resorts International (NYSE:MGM) stock is a favorite among retail investors, and that could be a catalyst for upside in the casino giant's shares, according to one research firm. UBS recently noted that there are...
Super Group Draws Praise Ahead of SPAC Deal Closing
Sports Entertainment Acquisition Corp. (NYSE:SEAH), the special purpose acquisition company (SPAC) merging with Betway parent Super Group, is earning kudos from a sell-side. That indicates there's some enthusiasm for what's likely to be one of...
