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Todd Shriber
5664 stories by Todd Shriber
Golden Entertainment is Golden Gaming Stock, Says JPMorgan
Golden Entertainment (NASDAQ:GDEN) stock is one of Monday's best-performing gaming equities after the Strat operator drew praise from JPMorgan. JPMorgan analyst Omer Sander initiated coverage of Golden Entertainment with an “overweight” rating and $60 price...
Bellagio Bidding Adieu to Famed Picasso Collection
Saturday, October 23 was the last day the general public could view Bellagio's prized collection of Pablo Picasso artwork before the pieces are auctioned. Bellagio, operated by MGM Resorts International, held a free art show...
SportsMap Tech Acquisition Raises $115M in IPO, Could Pursue Betting Deals
SportsMap Tech Acquisition Corp. (NASDAQ:SMAPU), a special purpose acquisition company (SPAC), raised $115 million in its initial public offering (IPO) as it prepares to hunt for merger partners. Blank-check companies encountered some headwinds earlier this...
Lottery.com SPAC Shares Soar on Bullish Revenue Forecast
Shares of Trident Acquisitions Corp. (NASDAQ:TDAC), the special purpose acquisition company (SPAC) merging with Lottery.com, are soaring again Thursday. That's after the internet lottery retailer delivered bullish third-quarter revenue guidance. In midday trading, shares of...
Apollo, Brookfield Mulling Bids for Scientific Games Lottery Arm
Apollo Global Management (NYSE:APO) and Brookfield Asset Management's private equity division are reportedly considering making offers for Scientific Games' (NASDAQ:SGMS) SG Lottery unit. That news emerges soon after the Las Vegas-based slot machine manufacturer pared...
DraftKings’ Venture Capital Arm Debuts $60M Fund
DraftKings (NASDAQ:DKNG) announced today its venture capital unit, Drive by DraftKings, is rolling out its first venture fund, following a $60 million raise. Drive by DraftKings invests in entertainment and sports technology companies, among others....
Las Vegas Sands Management Needs to ‘Take a Stand’, Buyback Stock, Says Analyst
Las Vegas Sands (NYSE:LVS) reported third-quarter results late Wednesday, and the results were worse than expected. That prompted an analyst to say management should move swiftly to buyback shares in an effort to restore investor...
Scientific Games Pares SG Lottery Australia IPO to $3B, Still 15x 2022 Fiscal Earnings
Scientific Games (NASDAQ:SGMS) is reportedly trimming the size of a Sydney initial public offering (IPO) for its SG Lottery arm to $3 billion, valuing it at roughly 15x fiscal 2022 earnings. Previous speculation mentioned the...
Invesco Likes International Betting Stocks, Including Entain, Flutter
Since the 2018 Supreme Court ruling on the Professional and Amateur Sports Protection Act (PASPA), the investment community largely focused on the US market. But some fund managers still see a lot to like with...
Okada Manila Considering Japan Expansion After SPAC Deal Closes
Fresh off announcing plans to merge with a special purpose acquisition company (SPAC), Okada Manila could be eyeing its next move: expanding in Japan, its parent company's home country. Last Friday, Okada Manila, the world’s...
