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Todd Shriber
5664 stories by Todd Shriber
Las Vegas Sands Stock Stumbles After Q2 Earnings Dud, Analysts Cautious
Shares of Las Vegas Sands (NYSE:LVS) are sagging Thursday, probing the lowest levels since February. That's after the gaming company released disappointing second-quarter results late Wednesday. The largest casino operator by market capitalization lost 25...
MGM Japan Plan Not Yet Material to Stock Price, Says Analyst
MGM Resorts International (NYSE:MGM) and local partner Orix revealed long-awaited plans for a $9.1 billion integrated resort in Osaka this week. Perhaps to the delight of some investors, that price point is well below the...
ARK Invest Forecasts More Growth for Online Sports Betting, Sees $180B Handle
While just 15 states and Washington, DC currently permit online sports betting (OSB), the runway for growth is lengthy and ripe for growth, notes ARK Investment Management. The famed New York-based fund issuer and money...
PlayAGS Stock Has Epic Rally Potential, Says Analyst
PlayAGS (NYSE:AGS) stock is soaring as the broader market rebounds Tuesday. The stock is up more than 12 percent on above-average volume in late trading. Bullish action in the shares of the casino technology and...
Scientific Games, Playtech Strike International Distribution Agreement
Gaming technology provider Scientific Games (NASDAQ:SGMS) and European gaming firm Playtech (OTC:PYTCY) have reached an agreement. It paves the way for the companies to capitalize on the other's scale in various regions around the world....
Macau Rebound Showing Signs of Life
Macau's long-awaited gaming recovery may finally be starting to take shape. That's while shares of concessionaires in the world's largest casino center still offer value for patient investors, according to one bank. In a recent...
MGM Could Ready Another Bid for Entain as Six-Month Restriction Period Ends
July 19 is a potentially important date in the relationship between MGM Resorts International (NYSE:MGM) and Entain Plc (OTC:GMVHY). That's the first day the US casino behemoth can make another offer for its partner on...
Penn National Stock Among Best Covered Call Ideas, Says Bank of America
Slumping Penn National Gaming (NASDAQ:PENN) stock is among 10 names Bank of America recommends as top near-term covered call ideas. Covered calls are an options strategy also known as call writing, or call selling, in...
Tabcorp Keno, Lottery Unit Worth up to $9.2 Billion, Says J.P. Morgan
Tabcorp's keno and lottery units, which the Australian gaming company recently said will be spun off, could be worth between $6.97 billion and $9.19 billion, according to J.P. Morgan analysts. Even at the low end...
Scientific Games Sports Betting Unit Draws Interest from Former F1 Manager Jordan
Irish businessman Eddie Jordan, formerly the owner of a Formula One (F1) team bearing his surname, is rumored to be readying a bid for the OpenBet sports betting unit. That division was recently put on...
