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Todd Shriber
5832 stories by Todd Shriber
Wynn Resorts Finance Unit Downgraded on Macau Weakness
Wynn Resorts' (NASDAQ:WYNN) Wynn Finance arm was downgraded by Moody's Investors Service, with the research firm citing ongoing weakness in Macau. The rating agency takes the credit grade on the gaming company's finance unit to...
Penn National Sharp Sharpe Ratio Idea, Says Goldman Sachs
Penn National Gaming (NASDAQ:PENN) is one of this year's worst-performing gaming equities, as highlighted by a decline of nearly 46 percent. But Goldman Sachs believes the regional casino operator has rebound potential. The bank recently...
Las Vegas Sands Makes Newsweek List of Most Responsible US Companies
Las Vegas Sands (NYSE:LVS) is making the grade as one of the most responsible American companies, based on environmental, social and governance (ESG) metrics, according to Newsweek's annual rankings. Each year, the publication evaluates the...
Cohn Robbins SPAC Reportedly Holding Talks with Lottery Firm Allwyn
European lottery operator Allwyn is rumored to be in merger discussions with Cohn Robbins Holdings (NYSE:CRHC). That's a special purpose acquisition company (SPAC) led by President Donald Trump’s former chief economic adviser. Unidentified sources told...
Sands Had Agreement to Acquire Crown Prior to Sheldon Adelson Death
Las Vegas Sands (NYSE:LVS) reportedly had an agreement in place to acquire embattled Crown Resorts prior to the death of Sheldon Adelson. That proposal could be revisited as the Australian casino operator mulls other offers....
Inspired Entertainment Could Be Inspired Choice for Stock Rally
Inspired Entertainment (NASDAQ:INSE) isn't immune to widespread retrenchment among gaming equities. Over the past month, shares of the supplier of video gaming terminals (VGT) and software are off 21.31 percent, meaning the stock is in...
Gaming and Leisure Properties Paying Special Dividend
Gaming and Leisure Properties (NASDAQ:GLPI) said today it's paying a special dividend to investors -- the latest sign shareholder rewards are returning in the gaming industry. The gaming real estate investment trust (REIT) said after...
IGT Stock is Underappreciated Story, Argues Stifel Analyst
International Game Technology (NYSE:IGT) is up 45.22 year-to-date. But even with that impressive showing, one analyst says the stock is underappreciated. In a note to clients today, Stifel analyst Jeffrey Stantial initiates coverage of the...
Caesars, Flutter Are Wells Fargo’s Top Sports Betting Equity Ideas, Tepid on DraftKings
Following a rough stretch for a variety of sports betting stocks, some banks are reassessing ratings and price targets on those names. At Wells Fargo, Caesars Entertainment (NASDAQ:CZR) and Flutter Entertainment (OTC:PDYPY) top the list...
Macau Stocks Could Experience Material Rebound in 2022, Says Morgan Stanley
Casino operators with significant Macau footprints are among 2021's worst-performing gaming equities, but a slew of disappointing showings this year could set the stage for 2022 rallies. In a note out earlier this week, Morgan...
