5449 stories by Todd Shriber
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,...
Guangdong COVID-19 Border Protocols Problematic for Macau Concessionaires, Says Bank
A recent surge in coronavirus cases in Guangdong, the Chinese province closest to Macau, is prompting stricter border controls. It could be the latest issue to weigh on the casino center's still slow rebound. Since the start of this month, more than...
Skillz Aarki Acquisition Draws Praise from Analysts, Investors
Skillz (NYSE:SKLZ) stock surged 17.26 percent this week, thanks entirely to a 27 percent gain on Wednesday. The move came on news the mobile games company is buying internet advertising firm Aarki for $150 million in cash and stock. It's the esports...
Las Vegas Sands CEO Goldstein Frustrated by Macau Lethargy, Still Wants US Exposure
Las Vegas Sands (NYSE:LVS) CEO Rob Goldstein is disappointed by the sluggish rebound in Macau, but adds the company remains bullish on the world's largest casino center long-term. In remarks made at the virtual Bernstein Annual Strategic Decisions Conference earlier this week,...
