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Todd Shriber
5664 stories by Todd Shriber
Caesars Tops Wynn on Bank of America Casino Stock List
Bank of America is reconfiguring its ratings on casino equities, and it's moving Caesars Entertainment (NASDAQ:CZR) ahead of Wynn Resorts (NASDAQ:WYNN) on the list. In a note to clients today, the bank upgrades the Caesars...
DraftKings Makes iGaming Splash, Buys Golden Nugget Online Gaming for $1.56B
DraftKings (NASDAQ:DKNG) is showing its commitment to the booming internet casino industry. The company announced today that it's acquiring Tilman Fertitta's Golden Nugget Online Gaming (NASDAQ:GNOG) for $1.56 billion in equity. News of the transaction,...
Century Casinos Stock Rally Has More Catalysts, Says Analyst
Century Casinos (NASDAQ:CNTY) stock soared 22.12 percent this week after the regional gaming company easily surpassed second-quarter earnings and revenue estimates. That prompted at least one analyst to say there's more upside available with the...
DraftKings Stock Pops Ahead of Earnings
DraftKings (NASDAQ:DKNG) is joining other gaming equities to the upside Thursday. That could be a sign market participants are expecting the company to deliver good news when it reports second-quarter results before the open of...
Spruce Point Slams Genius Sports, Predicts Major Stock Downside
Spruce Point Capital Management, a money manager that specializes in short selling, has published a new report in which it skewers sports betting data provider Genius Sports (NYSE:GENI). It says the company could endure margin...
Gaming and Leisure Properties Stock Rallies as Rivals Combine
Gaming and Leisure Properties (NASDAQ:GLPI) stock is among Wednesday's best-performing real estate names. That's after an analyst upgraded the shares and as consolidation comes to its peer group. In a note to clients earlier today,...
VICI Paying $17.2B for MGM Growth Properties, Creates Biggest Strip Casino Landlord
VICI Properties (NYSE:VICI) is buying rival MGM Growth Properties (NYSE:MGP) for $17.2 billion in stock. It's an acquisition creating the dominant owner of Las Vegas Strip casino real estate. Under the terms of the transaction,...
IGT Boosts 2021 Outlook, Expects to Beat 2019 Metrics
On the back of impressive second-quarter results, International Game Technology (NYSE:IGT) raised its full-year outlook today. It noted it expects to top some 2019 metrics, but the stock is trading lower. The maker of the...
Macau Sets Prevention Policies After Four New COVID-19 Cases Emerge
Macau is deploying “immediate pandemic prevention” protocols after a local family of four tested positive for COVID-19. It's the special administrative region's (SAR) first documented transmissions of the virus in 500 days. Authorities in the...
Shadow Creek Tops List of Casino Golf Courses, Two Other Nevada Tracks Make Cut
MGM Resorts International's famed Shadow Creek Golf Course tops Golfweek's list of top 50 courses owned or operated by gaming companies. Golfweek panelists rate courses on a variety of criteria on scales of one to...
