5082 stories by Todd Shriber
Codere Online Finalizes SPAC Deal, Debuts as Public Company Wednesday
Internet casino and online sports wagering firm Codere Online has completed its merger with special purpose acquisition company (SPAC) DD3 Acquisition Corp. II (NASDAQ:DDMX). That sets the stage for the operator to become a standalone publicly traded entity on Wednesday, Dec. 1....
Goldman Sachs Likes Las Vegas Sands, Few Others Feel Same Way
Investors looking for contrarian ideas among gaming equities have a veritable buffet to choose from at the moment. But Goldman Sachs highlights a single idea in the group: Las Vegas Sands (NYSE:LVS). The Wall Street bank recently published a list of out-of-consensus...
DraftKings Insiders Buy as Stock Tumbles
DraftKings (NASDAQ:DKNG) is mired in a lengthy slump, having shed nearly a quarter of its value over the past month. But some insiders are buying the dip. Filings with the Securities and Exchange Commission (SEC) indicate several DraftKings directors recently purchased $2.6...
Full House Could Be Next Big Regional Gaming Story, Says Analyst
Full House Resorts (NASDAQ:FLL) stock could be the next hit among regional gaming equities, and the shares offer significant upside potential, says an analyst. In a note to clients today, Roth Capital analyst Edward Engel restarts coverage of the Silver Slipper operator...
North Dakota Joins Sports Betting Party
North Dakota is now among the states offering regulated sports wagering, joining 28 other states and Washington, DC. The American Gaming Association (AGA) lists North Dakota among the live and legal states. But local media reports indicate bettors there will be able...
Genius Sports Stock Suffers Miserable Week
Investors in gaming equities haven't had much to be thankful for as of late, and the performance of Genius Sports (NYSE:GENI) stock this week proves as much. Shares of the sports betting data provider plunged 31.56 percent in a holiday-shortened week that...
Sands China Qualifies for Dow Jones Sustainability Index
Sands China (OTC:SCHYY), the Macau arm of Las Vegas Sands (NYSE:LVS), is now a qualifying constituent of the Dow Jones Sustainability Asia Pacific Index. That's rarefied air for Sands China, because gaming companies aren't usually included in sustainability indexes. In fact, the...
Everi, PlayAGS Supported by Strong Tailwinds, Says Analyst
Casino equities are in an extended rough patch. But some analysts see opportunities among gaming suppliers, such as Everi Holdings (NYSE:EVRI) and PlayAGS (NYSE:AGS). In a note to clients today, B. Riley analyst David Bain reiterates “buy” ratings on both slot machine...
Casino Stocks Reeling on Emergence of New COVID-19 Strain
Gaming equities are tumbling in Friday's abbreviated trading session, as investors fret about the impact of a new strain of the coronavirus discovered in South Africa. Currently known as B.1.1.529, the variant is stoking fears of hyper-mutations and increased resistance to vaccines....
ARK Invest Buys More DraftKings, Genius Sports as Stocks Stumble
Shares of DraftKings (NASDAQ:DKNG) and Genius Sports (NYSE:GENI) are on miserable runs. But at least one well-known investor is using the dips in those names to buy more of the downtrodden equities. Cathy Wood's ARK Investment Management, which has been a devoted...
