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Todd Shriber
5665 stories by Todd Shriber
Codere Online Finalizes SPAC Deal, Debuts as Public Company Wednesday
Internet casino and online sports wagering firm Codere Online has completed its merger with special purpose acquisition company (SPAC) DD3 Acquisition Corp. II (NASDAQ:DDMX). That sets the stage for the operator to become a standalone...
Goldman Sachs Likes Las Vegas Sands, Few Others Feel Same Way
Investors looking for contrarian ideas among gaming equities have a veritable buffet to choose from at the moment. But Goldman Sachs highlights a single idea in the group: Las Vegas Sands (NYSE:LVS). The Wall Street...
DraftKings Insiders Buy as Stock Tumbles
DraftKings (NASDAQ:DKNG) is mired in a lengthy slump, having shed nearly a quarter of its value over the past month. But some insiders are buying the dip. Filings with the Securities and Exchange Commission (SEC)...
North Dakota Joins Sports Betting Party
North Dakota is now among the states offering regulated sports wagering, joining 28 other states and Washington, DC. The American Gaming Association (AGA) lists North Dakota among the live and legal states. But local media...
Genius Sports Stock Suffers Miserable Week
Investors in gaming equities haven't had much to be thankful for as of late, and the performance of Genius Sports (NYSE:GENI) stock this week proves as much. Shares of the sports betting data provider plunged...
Sands China Qualifies for Dow Jones Sustainability Index
Sands China (OTC:SCHYY), the Macau arm of Las Vegas Sands (NYSE:LVS), is now a qualifying constituent of the Dow Jones Sustainability Asia Pacific Index. That's rarefied air for Sands China, because gaming companies aren't usually...
Everi, PlayAGS Supported by Strong Tailwinds, Says Analyst
Casino equities are in an extended rough patch. But some analysts see opportunities among gaming suppliers, such as Everi Holdings (NYSE:EVRI) and PlayAGS (NYSE:AGS). In a note to clients today, B. Riley analyst David Bain...
Regulatory Woes, Coronavirus Vaxx Key 2022 Issues for Some Casino Centers, Says Fitch
Casino hubs facing regulatory headwinds and strict coronavirus vaccination policies could have headwinds in 2022. That's while regions that have higher vaccination rates and those making due with the pandemic should see smoother sailing in...
Genius Sports Plunges Despite Q3 Revenue Growth, Higher Top Line Forecast
Shares of Genius Sports (NYSE:GENI) are probing new lows Tuesday. That's after the sports betting data provider reported a wider-than-expected third-quarter loss, prompting investors to overlook revenue growth and guidance for the remainder of 2021....
MGM Stock Earns Tepid View from Morgan Stanley, Bank Points to Sports Betting Risk
MGM Resorts International (NYSE:MGM) stock is trading lower Tuesday after Morgan Stanley analyst Thomas Allen restarted coverage of the casino giant with an “equal-weight” rating. Allen, one of the most widely followed gaming analysts on...
