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Todd Shriber
5664 stories by Todd Shriber
GAN Stock Still Catalyst-Rich Story After Company Lifts Estimates
Shares of GAN Ltd. (NASDAQ:GAN) surged on Thursday after the company lifted its earnings before interest, taxes, depreciation and amortization (EBITDA) and revenue guidance for the second quarter and its full-year top line outlook. But...
Advent International Joins Rival Apollo in Bidding for William Hill Assets
Private equity rivals Advent International and Apollo Global Management (NYSE:APO) will tussle for William Hill's non-US assets, which Caesars Entertainment (NASDAQ:CZR) is in the process of putting up for auction. Apollo has long been viewed...
Scientific Games Reportedly Considering Australia Listing for Lottery Business
Scientific Games (NASDAQ:SGMS) is evaluating an Australian initial public offering (IPO) for the lottery business the company is planning to divest. Last week, the gaming equipment manufacturer said it's parting with the lottery unit and...
Engine Media Hits DraftKings with Patent Infringement Suit
Engine Media Holdings, Inc. (NASDAQ:GAME) is suing DraftKings (NASDAQ:DKNG). They claim the online sportsbook operator infringed on patents owned by the Canadian company's WinView unit. In a complaint filed in the United States District Court...
Las Vegas Sands, Penn National Stocks Upside Potential Touted by Goldman Sachs
Las Vegas Sands (NYSE:LVS) and Penn National Gaming (NASDAQ:PENN) make the cut on a Goldman Sachs list of 10 stocks with the biggest return potential over the next year. The Wall Street bank released the...
Elys Game Technology Paying up to $53.8M for US Bookmaking
Elys Game Technology (NASDAQ:ELYS), a gaming technology provider, said today it's acquiring Bookmakers Company US for $12 million in cash and equity. While that's the upfront price, Elys could ultimately dole out up to $53.8...
Surprising Sports Could Power Future of Wagering, Survey Says
In the US, the NFL is the most popular, most watched sports league. And football, including college, is the most wagered-on sport. But in what may come as a surprise to some, NFL fans aren't...
Atari Scraps Online Casino, Takes $6M Charge on Lost Effort
Video game giant Atari's foray into the world of online casinos was a brief one. The company announced Monday turning its focus to premium games and closing its casino in Africa. In a statement released...
Flutter Entertainment Stock Inexpensive, Earns Upgrade
Due to an array of factors, Flutter Entertainment (OTC:PDYPY) stock wasn't the cream of the crop among gaming equities in the first half of the year. But at least one research firm sees opportunity in...
Tabcorp Spurns Apollo, Entain, Plans Spinoff of Keno, Lottery Unit
Australian gaming operator Tabcorp has rebuffed multiple suitors for its media and sports wagering businesses. Instead, it declared Monday it will spin-off its keno and lottery units into a separate publicly traded entity, ending months...
