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Todd Shriber
5738 stories by Todd Shriber
VICI Paying $17.2B for MGM Growth Properties, Creates Biggest Strip Casino Landlord
VICI Properties (NYSE:VICI) is buying rival MGM Growth Properties (NYSE:MGP) for $17.2 billion in stock. It's an acquisition creating the dominant owner of Las Vegas Strip casino real estate. Under the terms of the transaction,...
IGT Boosts 2021 Outlook, Expects to Beat 2019 Metrics
On the back of impressive second-quarter results, International Game Technology (NYSE:IGT) raised its full-year outlook today. It noted it expects to top some 2019 metrics, but the stock is trading lower. The maker of the...
Macau Sets Prevention Policies After Four New COVID-19 Cases Emerge
Macau is deploying “immediate pandemic prevention” protocols after a local family of four tested positive for COVID-19. It's the special administrative region's (SAR) first documented transmissions of the virus in 500 days. Authorities in the...
Shadow Creek Tops List of Casino Golf Courses, Two Other Nevada Tracks Make Cut
MGM Resorts International's famed Shadow Creek Golf Course tops Golfweek's list of top 50 courses owned or operated by gaming companies. Golfweek panelists rate courses on a variety of criteria on scales of one to...
Skillz Takes $50 Million Stake in Exit Games
Mobile games developer Skillz Inc. (NYSE:SKLZ) is making a $50 million investment in Exit Games. It's a move aimed at bolstering the former's multiplayer gaming technology platform. Germany-based Exit Games provides developers with the tools...
Caesars, Penn National Among S&P 500 with Strongest 12-Month Potential
Gaming equities are a mixed bag in terms of 2021 performance, and that murkiness is only being enhanced by the recent emergence of the delta variant of the coronavirus. Year-to-date, the pace of recovery in...
DraftKings Rallies on Pre-Earnings Bull Call by Bernstein
DraftKings (NASDAQ:DKNG) stock is trading higher Monday after research firm Bernstein reiterated an “outperform” rating on the sportsbook operator. That bullish call comes after DraftKings shed seven percent in July, and in advance of the...
NHL Investigating Evander Kane After Jilted Wife Claims He Bet On His Own Games
The NHL is looking into claims San Jose Sharks forward Evander Kane wagered on his own games after his wife, Anna, levied the accusations on Instagram earlier today. In response to what appears to be...
Morgan Stanley Sees Bright Future for Macau Stocks, Mixed on Beijing Regulations
Shares of Macau concessionaires continue sagging. But Morgan Stanley is bullish on the long-term outlook for the world's largest casino center. That's even as some investors fret about regulatory risk from Beijing. Recent gross gaming...
Tipico Rumored to Be Bidding for William Hill International Assets
Rumors suggest European sportsbook operator Tipico can be added to the roster of companies bidding for William Hill's non-US assets. The German sports wagering company joins a crowded though still-fluid field of contenders vying for...
