5402 stories by Todd Shriber
BlueBet Eyes US Expansion with Aussie IPO Proceeds
BlueBet, an upstart Australian sportsbook operator, is nearing an initial public offering (IPO). The proceeds could drive the company's domestic and US expansion efforts. The operator is slated to list shares on the Australian Stock Exchange (ASX) on July 2 at a...
Everi Enthusiasm Extends as Analyst Forecasts More Upside for Shares
Everi Holdings (NYSE:EVRI) stock can continue building on 2021 bullishness, as casino operator budgets recover from depressed levels forced by the coronavirus pandemic. In a note to clients, Stifel analyst Jeffery Stantial reiterates a “buy” rating on the gaming machine maker and...
PlayAGS Stock Not Playing Around, Could Be Double in Making
Quietly, PlayAGS (NYSE:AGS) stock is one of this year's best-performing gaming equities, and one analyst is wagering there's much more upside to be had. In a recent note to clients, B. Riley analyst David Bain initiated coverage of the casino technology and...
North Fork Rancheria Casino Opponents Score Legal Win, Could Delay Red Rock Project
A California court recently sided with opponents of a planned tribal casino in Fresno. The court said then-Gov. Jerry Brown's (D) decision to approve the project violated the results of a 2014 ballot initiative. The state's 5th District Court of Appeal ruled...
DraftKings Dollars Help Shalom Meckenzie Nab CryptoPunk NFT for $11.8M
For obvious reasons, not the least of which is the 37.18 percent gain over the past year, it's good to own a lot of DraftKings (NASDAQ:DKNG). Just ask Shalom Meckenzie, who plunked down $11.8 million on a non-fungible token at a Sotheby's...
Boyd Gaming, Hawaiian Airlines Connect Loyalty Programs
Boyd Gaming and Hawaiian Airlines are tapping into customers' affinity for frequent flier miles and points, with the two companies announcing a reciprocity accord involving their loyalty programs. Under the terms of the agreement, Boyd Gaming's B Connected Points can earn points...
Bally’s Could Be Comeback Kid Among Gaming Equities
Bally's (NYSE:BALY) stock was hot until it wasn't. It's still up 9.54 percent year-to-date, but it's off 28.54 percent from its March highs. Though mired in a slump, Bally's remains one of Wall Street's favored gaming ideas on the basis of margin...
Skillz Stock Not Yet in AMC, GameStop Territory, But Still Prime Short Squeeze Candidate
Skillz (NYSE:SKLZ) hasn't yet reached the rarefied air of meme stocks such as GameStop (NYSE:GME) and AMC Entertainment Holdings (NYSE:AMC). But the mobile games platform provider has some of the same ingredients that drove those names to big gains and notoriety. Skillz...
Sportradar Pulls Plug on Horizon SPAC Transaction, Mulls Standard IPO
Sportradar and special purpose acquisition company (SPAC) Horizon Acquisition Corp. II (NYSE: HZON) are reportedly ending merger talks. The sports betting data provider is opting to pursue a conventional initial public offering (IPO). Talks between the Swiss company and the SPAC founded...
Caesars, Golden Entertainment, MGM Highlighted by Analyst Favoring US Gaming Stocks
The US is the place to be when it comes to winning gaming equities, as one analyst is extolling the virtues of names such as Caesars Entertainment (NASDAQ:CZR), Golden Entertainment (NASDAQ:GDEN), and MGM Resorts International (NYSE:MGM). In a note to clients today,...
