Areas of Expertise
4854 stories by Todd Shriber
Resorts World Departing New York Sports Betting Space
Rare casualty in the biggest online sports betting market in the US Resorts World Bet closing up shop on June 30 No effect on parent company’s casino ambitions Resorts World Bet, Genting’s online sports wagering mobile application in New York, is leaving...
Glass Lewis Supports Penn Adding Two Vora Directors
Proxy advisor speaks in favor of Penn directors slate Two others endorsed HG Vora proposal to add three board members Glass Lewis says Clifford isn’t eligible for election With a proxy tussle with HG Vora nearing its conclusion, Penn Entertainment (NASDAQ: PENN)...
Bally’s, Chicago Settle IPO Suit Brought by Excluded White Men
City, gaming company settle litigation stemming from proposed IPO that barred white men Suit was brought by a conservative legal group representing two plaintiffs Bally’s and the city of Chicago settled litigation stemming from a proposed initial public offering (IPO) that under...
HG Vora Makes Final Push for Votes in Penn Proxy Fight
Hedge fund attempting to procure votes for its “Gold Card” directors slate Penn’s annual meeting is scheduled for June 17 Like a politician making a late October play for votes in advance of Election Day, HG Vora is engaging in a final...
Fertitta Wynn Stake to Be Scrutinized by NGCB
NGCB to evaluate Feritta’s suitability as investor in Wynn Likely a perfunctory step because he holds a Nevada gaming license At its Wednesday meeting, the Nevada Gaming Control Board (NGCB) will assess Tilman Fertitta’s suitability as a shareholder in Wynn Resorts (NASDAQ:...
Penn Fires Back at ISS, Says Clifford Candidacy Is Flawed
Casino operator responds to proxy advisor's report encouraging investors to vote for three dissident board candidates ISS report endorsed HG Vora’s directors slate Penn says Clifford holds “antiquated views” Late Friday, Penn National Gaming (NASDAQ: PENN) responded to a report released earlier...
X Says Polymarket Is ‘Official Prediction Market Partner’
Social media giant, prediction market are joining forces Announcement arrives weeks after rumored deal between X and Kalshi Elon Musk’s X, the social media site formerly known as Twitter, announced today it is partnering with prediction market Polymarket. The announcement, which posted...
ISS Endorses HG Vora in Penn Entertainment Proxy Fight
ISS becomes second proxy firm to support HG Vora in fight against Penn Advisory firm says Penn investors should vote for all three directors proposed by the hedge fund ISS highlights Penn’s online gaming missteps Institutional Shareholder Services (ISS), one of the...
Nassau County Casino Plan Close to Death
Blakeman acknowledges casino plan unlikely to move forward Sands will develop Nassau Hub in other ways The plan to bring a casino hotel to Nassau County, NY is all but dead at this point as County Executive Bruce Blakeman noted earlier today...
Fanatics Investor Jay-Z Places $1M NBA Finals Bet with Sportsbook
Rapper bets $1 million with Fanatics on Oklahoma City winning series He believes the Thunder will beat the Pacers in five games Entertainment mogul and rapper Jay-Z is putting his money, of which he has plenty, where his mouth is when it...