4982 stories by Todd Shriber
DraftKings Unlikely to Acquire Entain, Says Citi Analyst
The big news currently surrounding DraftKings (NASDAQ:DKNG) is whether or not the online sportsbook operator will formalize a $22.4 billion cash and stock takeover proposal for Entain Plc (OTC:GMVHY). One analyst doesn't see the courtship becoming a marriage. In a note to...
Boyd Gaming Among Mid-Cap Stocks Poised to Deliver Q3 Earnings Surprises
Already up nearly 50 percent year-to-date, Boyd Gaming (NYSE:BYD) stock has the makings of an earnings season winner, according to Bank of America. Bank of America strategists Jill Carey Hall and Savita Subramanian recently cobbled together a list of mid- and small-cap...
Las Vegas Sands Could Be Star Stock Over Next 12 Months
Amid still lingering travel restrictions and the specter of increasing government oversight in Macau, Las Vegas Sands (NYSE:LVS) stock is scuffling. But some in the investment community believe the shares can rally over the next 12 months. Acknowledging that the delta variant...
Golden Entertainment Stock Still Has Plenty of Shine, Says Analyst
Golden Entertainment (NASDAQ:GDEN) stock is up a staggering 159 percent year-to-date. But that doesn't mean upside from here is capped, as at least one sell-side analyst sees the shares further appreciating. In a note to clients today, Deutsche Bank analyst Carlo Santarelli...
Caesars Stock Has More Upside Potential, Vegas Casino Sale in Play, Says Analyst
Caesars Entertainment (NASDAQ:CZR) stock is up 56.39 year-to-date. That's a performance many investors may believe is attributable to the company's expanding iGaming and sports wagering footprints. But it's traditional casinos driving enthusiasm for the shares. The operator is the second-largest on the...
iGaming Will See More Mergers and Acquisitions Coming, Says Analyst
The pace of mergers and acquisitions activity in the gaming industry is brisk this year. Analysts expect that to continue, with the digital realm likely be an epicenter of consolidation. At the industry level, sports betting commands plenty of attention, and it's...
Macau Casino Dividend Proposal ‘Has No Parallel’ in Established Policy, Says Law Firm
A proposal by Macau authorities that, if implemented, would require casino operators to obtain government approval prior to distributing dividends to investors has no established precedent in the special administrative region's (SAR) legal framework, according to a local law firm. Last month,...
Bill Hornbuckle Voices View on DraftKings/Entain Situation, Open to BetMGM Majority Stake
MGM Resorts International (NYSE:MGM) Bill Hornbuckle is making clear his company's outlook on DraftKings' (NASDAQ:DKNG) attempt to acquire Entain Plc (OTC:GMVHY) -- MGM's partner in the BetMGM venture. While noting MGM has “a great relationship” with BetMGM, and that the casino operator...
ARK Pares Stake in Slumping Skillz Stock
Mobile games developer Skillz Inc. (NYSE:SKLZ) is probing new lows today. That's as stocks sag and as market participants price in the fact that a major investor reduced its stake in the gaming name. On Tuesday, Cathie Wood's ARK Investment Management dumped...
VICI Properties Stock Slump Presents Buying Opportunity, Says Analyst
VICI Properties (NYSE:VICI) stock is off almost 10 percent over the past month. But that slide could present investors with an opportunity to get involved with shares of the casino landlord, according to one analyst. In a note to clients today, KeyBanc...
