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Todd Shriber
5776 stories by Todd Shriber
ESPN Could Be Eyeing Rush Street Interactive Acquisition
The sports betting consolidation rumor mill continues chugging along, turning up fresh speculation that ESPN could be considering a bid for Rush Street Interactive (NYSE:RSI). Sports merchandise giant and aspiring sportsbook operator Fanatics was recently...
Scientific Games Will Retain Minority Stake in SG Lottery IPO
Scientific Games (NASDAQ:SGMS) said that if an initial public offering (IPO) for its SG Lottery unit materializes, it will sell the majority of that equity to outside investors. In late June, the gaming equipment maker...
Las Vegas Sands, Wynn Lure Retail Traders as Stocks Slump
Amid the specter of intensifying regulatory scrutiny in Macau, Las Vegas Sands (NYSE:LVS) and Wynn Resorts (NASDAQ:WYNN) are two of the worst-performing gaming stocks this month. But that's not stopping some investors from embracing the...
Genius Sports Insiders Selling 6.62 Million Shares, NFL Has Substantial Stake in Company
In a filing with the Securities and Exchange Commission (SEC), Genius Sports (NYSE:GENI) revealed some insiders and early investors at the company are selling more than 6.62 million shares of stock. They also revealed that...
DraftKings’ Entain Offer Seen Stoking More Sports Betting M&A, Say Analysts
Market participants are digesting the news that DraftKings (NASDAQ:DKNG) is proposing a $22.4 billion cash and stock acquisition of Entain Plc (OTC:GMVHY). Some analysts are saying talks between the two gaming companies could spur more...
Michael Jordan Boosts Sportsradar Investment, Takes Special Advisory Role
Michael Jordan is boosting his equity stake in Sportradar (NASDAQ:SRAD) and joining the newly public company as a special advisor to the board of directors. Sportradar, a provider of sports betting data, went public last...
MGM Monitoring DraftKings/Entain Situation, Says Consent Needed for Transaction
MGM Resorts International (NYSE:MGM) is making its voice heard in the matter of DraftKings (NASDAQ:DKNG) delivering a $20 billion takeover offer for Entain Plc (OTC:GMVHY). In a stunning move, DraftKings is offering $20 billion in...
DraftKings Shocks Sports Betting World, Makes $20B Offer for Entain
DraftKings (NASDAQ:DKNG) is reportedly courting Entain Plc (OTC:GMVHY) at a price tag of $20 billion. It's news that's sending shockwaves throughout the sports betting universe. Citing unidentified sources, CNBC reports DraftKings is offering $20 billion...
Barstool Met with DraftKings, Other Gaming Companies Prior to Penn Deal
Barstool Sports held talks with DraftKings (NASDAQ:DKNG) and other gaming companies prior to sealing a deal last year with Penn National Gaming (NASDAQ:PENN). Barstool finally concluded a deal with Penn that sets the stage for...
Boom Raises $15M From Former MGM CEO Jim Murren, Patriots Owner Robert Kraft, Others
Boom Entertainment, the maker of predictive gaming apps, said investors are pouring $15 million into the company in its first capital raise. The funding round was led by Sand Capital Management. That investor is not...
