5828 stories by Todd Shriber
DC Lottery Betting App Picks Worst Time to Fail: During Super Bowl
Already ensconced in controversy, Washington, DC Lottery's GambetDC -- the lottery-sponsored sports wagering mobile app -- picked the worst possible time to fail iPhone users: During Sunday's Super Bowl. Bettors using iPhones and iPads weren't...
Paysafe Gains Louisiana, Oregon Market Access
Shares of Paysafe Ltd. (NYSE:PSFE) are rallying Monday. That's after the provider of digital payments services said it's now processing payments for sportsbook operators in Louisiana and Oregon. That new market access for the fintech...
DraftKings, Rush Street Interactive Price Targets Slashed by Oppenheimer
A day after the Super Bowl, gaming equities are mixed and some sports betting stocks are dithering following the conclusion of football season. That includes DraftKings (NASDAQ:DKNG) and Rush Street Interactive (NYSE:RSI), which are trading...
Kambi Could Be Takeover Target After Ditching Poison Pill
Takeover speculation is swirling around Kambi Group Plc (OTC:KMBIF). That's after the sports betting platform provider ditched a poison pill provision hindering its ability to be acquired. Kambi said last week it satisfied the terms...
BetMGM Debuts Sports Wagering in Puerto Rico Ahead of Super Bowl
Just in the nick of time for Super Bowl LVI, BetMGM is launching sports wagering in Puerto Rico -- the operator's initial foray outside the continental US. BetMGM is now available at Casino del Mar...
DraftKings Stock Wild Ahead of Super Bowl
DraftKings (NASDAQ:DKNG) stock is experiencing a turbulent day ahead of Super Bowl LVI and ahead of the company's fourth-quarter earnings report on Feb. 18. Earlier today, the downtrodden stock traded higher by as much as...
Monarch Casino Smashes Q4 Estimates on Black Hawk Ramp
Shares of Monarch Casino & Resort (NASDAQ:MCRI) are soaring Thursday. That's after the regional casino operator reported estimate-trouncing fourth-quarter results, and as an analyst ups his outlook on the stock. In midday trading, Monarch stock...
MGM on Buyback Binge, Sees Cosmopolitan Buy Closing in Q2
MGM Resorts International (NYSE:MGM) reported fourth quarter results that blew past Wall Street estimates. That's while noting it's buying back a significant amount of its stock, and that a pair of marquee transactions are slated...
Penn National Stock Rallies on Susquehanna Upgrade
Penn National Gaming (NASDAQ:PENN) stock is soaring Wednesday. That's after a sell-side analyst waxed bullish on the company's digital gaming unit. In a note to clients, Susquehanna analyst Joseph Stauff lifts his rating on Penn...
Caesars Digital Betting Biz Valuation Not Adequately Appreciated, Says Analyst
Caesars Entertainment (NASDAQ:CZR) is a rising force in the internet casino and online sports betting industries. But an analyst argues the current share price implies negative value for the digital business, while lower-quality rivals command...