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Todd Shriber
5664 stories by Todd Shriber
Skillz Takes $50 Million Stake in Exit Games
Mobile games developer Skillz Inc. (NYSE:SKLZ) is making a $50 million investment in Exit Games. It's a move aimed at bolstering the former's multiplayer gaming technology platform. Germany-based Exit Games provides developers with the tools...
Caesars, Penn National Among S&P 500 with Strongest 12-Month Potential
Gaming equities are a mixed bag in terms of 2021 performance, and that murkiness is only being enhanced by the recent emergence of the delta variant of the coronavirus. Year-to-date, the pace of recovery in...
DraftKings Rallies on Pre-Earnings Bull Call by Bernstein
DraftKings (NASDAQ:DKNG) stock is trading higher Monday after research firm Bernstein reiterated an “outperform” rating on the sportsbook operator. That bullish call comes after DraftKings shed seven percent in July, and in advance of the...
NHL Investigating Evander Kane After Jilted Wife Claims He Bet On His Own Games
The NHL is looking into claims San Jose Sharks forward Evander Kane wagered on his own games after his wife, Anna, levied the accusations on Instagram earlier today. In response to what appears to be...
Morgan Stanley Sees Bright Future for Macau Stocks, Mixed on Beijing Regulations
Shares of Macau concessionaires continue sagging. But Morgan Stanley is bullish on the long-term outlook for the world's largest casino center. That's even as some investors fret about regulatory risk from Beijing. Recent gross gaming...
Tipico Rumored to Be Bidding for William Hill International Assets
Rumors suggest European sportsbook operator Tipico can be added to the roster of companies bidding for William Hill's non-US assets. The German sports wagering company joins a crowded though still-fluid field of contenders vying for...
Red Rock Resorts Among Top Local Casino Stock Picks Following Strong Q2 Earnings
Red Rock Resorts, Inc. (NASDAQ:RRR) traded lower Thursday following an impressive second-quarter earnings report released late Wednesday. But analyst remain broadly enthusiastic on the parent company of Station Casinos. Red Rock joins the list of...
PointsBet Raises $294 Million to Fund US Expansion
PointsBet (OTC:PBTHF) said today it's raising $294.17 million in capital to fund expansion in the rapidly growing US market. The Australian sportsbook operator is selling equity through a placement of new shares and a rights...
AM/FM Radio Better Bet for Sportsbook Advertisers, According to Study
With football season nearing, it's likely sports betting companies will be kicking up television advertising efforts and spending. But a recent study indicates gaming operators ought to focus on radio. Earlier this year, Cumulus Media/Westwood...
MGM Stocks Gets Lift from Goldman Sachs Upgrade
MGM Resorts International (NYSE:MGM) stock is getting some help today from a Goldman Sachs upgrade. The venerable Wall Street bank raised its rating on the Mandalay Bay operator to “neutral” from “sell,” while lifting its...
