5359 stories by Todd Shriber
Washington State Aiming for NFL Season to Start Sports Betting at Tribal Casinos
Washington State's slow road to debuting regulated sports betting appears to have a launch date: The start of the 2021 NFL season. In February 2020, policymakers in the Pacific Northwest state signed off on sports betting at tribal casinos, putting the state...
China, Japan, South Korea to Drive Asian Gaming Markets, Says Goldman Sachs
China, Japan and South Korea -- three of the continent's richest countries -- will drive the bulk of casino gaming activity in Asia in the years ahead, notes Goldman Sachs. Speaking at the recent Japan IR Forum Online, Goldman Sachs Managing Director...
BetMGM Has Analysts Fawning for MGM Stock
MGM Resorts International (NYSE:MGM) is one of the largest operators of land-based casinos in the world, managing some of the most well-known venues on the Las Vegas Strip and elsewhere. But it's internet gaming and sports wagering that has some analysts aflutter....
Las Vegas Sands Mulls Boosting Sands China Investment with Venetian Sale Cash
Las Vegas Sands (NYSE:LVS) is considering using some of the proceeds from the sale of its Strip assets to increase its stake in Sands China, its Macau unit. Executives from the largest US gaming operator by market capitalization commented on the matter...
Bally’s Bounces as Jefferies Calls it ‘Transformative’ Casino Stock
Bally's (NYSE:BALY) is rallying Wednesday, chipping away at a 20 percent slide over the past month on more upbeat analyst commentary. Shares of the casino operator jumped 4.20 percent today, good for one of the best intraday performances among gaming equities. That's...
Genius Sports Stock Jumps in First Trading Day Following SPAC Merger
Sports betting data provider Genius Sports (NYSE:GENI) is soaring on its first day as a freestanding public company. In midday trading, Genius stock is higher by almost seven percent. The firm came to market via a merger with special purpose acquisition company...
Skillz Stock Slump Reaches Epic Proportion as Another Bear Report Emerges
Skillz (NYSE:SKLZ) stock is getting pounded again today after another bearish research report surfaced on social media – this one alleging the company is using accounting gimmickry to overstate the health and size of its business. In late trading, shares of the...
Macau Stocks Ebullience Is Fading, Says Analyst
In Macau, gross gaming revenue (GGR) and visitation trends are showing modest signs of improvement. But those upticks may not be enough to be enough to support near-term upside in shares of concessionaires. That's the view of Union Gaming analyst John DeCree,...
Caesars William Hill Takeover Wins UK Scheme Court Approval, Deal Could Close ‘Imminently’
The UK Scheme Court has signed off on Caesars Entertainment’s (NASDAQ:CZR) $3.69 billion takeover of William Hill (OTC:WIMHY), setting the stage for the transaction to soon close. The Las Vegas-based casino operator revealed its offer for the British bookmaker last September, leveraging...
Bally’s Buyable on Pullback as Plenty of Catalysts Remain, Says Analyst
Bally's Corp. (NYSE:BALY) stock is joining other gaming names in what is now a protracted slump, as the casino operator shed 4.73 percent last week and is off 18.50 percent over the past month. Some analysts believe this the pullback late-arriving investors...
