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Todd Shriber
5664 stories by Todd Shriber
DraftKings, FanDuel Reportedly Bidding for The Athletic
DraftKings (NASDAQ:DKNG) and rival FanDuel are among the companies reportedly bidding for The Athletic after talks with other media outlets fell apart. The Athletic is a subscription-based sports media entity backed by investors including Courtside...
Sportradar Lands Exclusive Betting Data Accord with UEFA
Sportradar (NASDAQ:SRAD) announced today it has inked an agreement with the Union of European Football Associations (UEFA). The pact calls for Sportradar to be the federation's exclusive data provider for the UEFA Champion's League, UEFA...
Lottery.com Closes SPAC Deal, Debuts on Nasdaq Monday
AutoLotto, which does business as Lottery.com, has closed its merger with special purpose acquisition company (SPAC) Trident Acquisitions Corp. (NASDAQ:TDAC). The deal concluded on Friday, Oct. 29 and it will debut as a freestanding public...
VICI Investors Approve Share Issuance for MGM Growth Properties Acquisition
VICI Properties (NYSE:VICI) shareholders have approved the issuance of a massive amount of new equity. The goal is to fund the company's $17.2 billion all-stock acquisition of rival MGM Growth Properties (NYSE:MGP). The Caesars Palace...
Bally’s Bidding for Chicago Casino License, Pledges $1.6B Investment
Bally's Corp. (NYSE:BALY) is eyeing Chicago as the site of its flagship gaming property. It submitted a proposal to city officials pledging a $1.6 billion investment for an integrated resort in the third-largest US city....
DraftKings’ Scrapped Entain Bid Raises Concerns and Questions, Says Analyst
In one of this week's biggest gaming industry stories, DraftKings (NASDAQ:DKNG) said Tuesday it won't move forward with an effort to acquire Entain Plc (OTC:GMVHY). Investor reaction to the news was initially positive, owing to...
Brookfield Business Partners LP Bags SG Lottery for $6.05B
Ending weeks of speculation about the unit's fate, Scientific Games (NASDAQ:SGMS) said late Wednesday it is selling its SG Lottery business to Brookfield Business Partners LP (NYSE:BBU) for $6.05 billion. The Canadian private equity shop...
PlayAGS Stock Has Double Potential as Cash Flow, Installs Rise, Says Analyst
PlayAGS (NYSE:AGS) is soaring, ranking as one of Wednesday's best-performing gaming equities. That's after a sell-side analyst said the stock can more than double as the gaming supplier's free cash flow (FCF) and installation base...
Boyd Gaming Buying Back $300M in Shares, Analyst Says Stock Still Undervalued
Boyd Gaming's (NYSE:BYD) third-quarter earnings report was solid, and the company is rewarding investors with a $300 million share repurchase program. After the close of US markets Tuesday, the regional casino operator said it earned...
Monarch Casino Sizzles Following Q3 Results, Analyst Sees More Upside
Monarch Casino & Resort (NASDAQ:MCRI) stock is on a blistering pace today after the regional casino operator reported third-quarter results that easily beat Wall Street estimates. That prompted at least one analyst to boost forecasts...
