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Todd Shriber
5664 stories by Todd Shriber
Playstudios Completes Merger with Jim Murren SPAC, Debuts as Public Company Tuesday
Social casino developer Playstudios, Inc. launches as a standalone publicly traded entity Tuesday. That's after completing its merger with special purpose acquisition company (SPAC) Acies Acquisition Corp. (NASDAQ:ACAC). Acies, a blank-check firm started by former...
Shalom Meckenzie Sold $34M Worth of DraftKings Stock Day Before Hindenburg Report Released
DraftKings (NASDAQ:DKNG) board member Shalom Meckenzie divested $34 million worth of the sportsbook operator's shares on June 14. That's just a day before Hindenburg Research revealed a short position in the gaming stock while publishing...
Bally’s Lands Kansas Sports Betting Access in Boot Hill Casino & Resort Deal
Bally's (NYSE:BALY) has a foot in the door for sports wagering in Kansas, assuming the state gets around to legalizing the activity. On Monday, the gaming company said it inked an accord with Boot Hill...
Everi Stock Soars as Company Forecasts Record Q2 Results, Unveils Debt Reduction Plan
Everi Holdings (NYSE:EVRI) stock is soaring Monday. That's after the gaming machine manufacturer pre-announced second-quarter results that top Wall Street forecasts, while revealing plans to refinance debt at favorable terms. The announcement by the Las...
Penn National Stock Forecasts Create Division Among Analysts
Sixteen analysts cover Penn National Gaming (NASDAQ:PENN) stock, and while there's not an overt consensus on the regional casino operator, the sell-side leans bullish. But it's price targets that are a source of dissent among...
BetMakers Stock Halted in Sydney Pending ‘Material Acquisition’ Announcement
BetMakers Technology Group (ASX:BET) stock was halted today by the Australian Stock Exchange (ASX). It came at the request of the sportsbook operator pending the announcement of a “material acquisition.” In a statement revealing the...
US Sports Betting Handle Doubles from Pre-Pandemic Levels, Says Canaccord Genuity
Aided by more states joining the live and legal party, the US sports betting handle more than doubled from the levels seen prior to the coronavirus pandemic, according to Canaccord Genuity. Today, there are 21...
Biology Teacher Bookie Turned Inside Trader Hit with $1 Million Ruling
A California high school biology teacher that took illicit sports wagers also dabbled in insider trading, and that pursuit will cost him close to $1 million. Federal prosecutors are demanding Benjamin Wylam pay back $999,000...
DraftKings Defended by Analysts, Wood’s ARK Invest Following Hindenburg Short Report
A day after slumping following publication of a bearish report by Hindenburg Research, DraftKings stock (NASDAQ:DKNG) is rebounding modestly Wednesday. Several analysts are defending the sportsbook operator, along with the support of a well-known investor....
DraftKings, Golden Nugget Online, Skillz Headline Gaming Additions to Russell 3000
DraftKings (NASDAQ:DKNG), Golden Nugget Online Gaming (NASDAQ:GNOG), and Skillz (NYSE:SKLZ) are among a slew of gaming equities gaining entry into the widely followed Russell 3000 Index. The annual Russell rebalancing process, which pertains to an...
