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Todd Shriber
5738 stories by Todd Shriber
Macau Unlikely to Consider Another Round of COVID-19 Casino Closures
While coronavirus case counts are ticking higher in mainland China, it's unlikely Macau authorities will revert to another casino shutdown. That's unless there's a major outbreak in the special administrative region (SAR). The world's largest...
DraftKings Among Secular Growth Stocks Highlighted by Morgan Stanley
Morgan Stanley strategists recently updated their semiannual lists of secular growth stocks, with online sports betting juggernaut DraftKings (NASDAQ:DKNG) making the cut. The bank divides the list into two groups: Companies residing in the media,...
MGM Growth Properties Bargain Idea Among Travel Stocks
Casino landlord MGM Growth Properties (NYSE:MGP) is among the travel and leisure-related stocks that are currently inexpensive. That according to this week's Barron's cover article, which highlights six travel equities sporting attractive valuations. MGP, the...
Boyd Gaming Among Mid-Cap Companies Seen Topping Q2 Earnings Estimates
Boyd Gaming (NYSE:BYD) reports second-quarter results next Tuesday, and the company could be among the mid- and small-cap firms that top estimates for the April through June period. Bank of America recently screened components of...
Las Vegas Sands Stock Stumbles After Q2 Earnings Dud, Analysts Cautious
Shares of Las Vegas Sands (NYSE:LVS) are sagging Thursday, probing the lowest levels since February. That's after the gaming company released disappointing second-quarter results late Wednesday. The largest casino operator by market capitalization lost 25...
MGM Japan Plan Not Yet Material to Stock Price, Says Analyst
MGM Resorts International (NYSE:MGM) and local partner Orix revealed long-awaited plans for a $9.1 billion integrated resort in Osaka this week. Perhaps to the delight of some investors, that price point is well below the...
ARK Invest Forecasts More Growth for Online Sports Betting, Sees $180B Handle
While just 15 states and Washington, DC currently permit online sports betting (OSB), the runway for growth is lengthy and ripe for growth, notes ARK Investment Management. The famed New York-based fund issuer and money...
PlayAGS Stock Has Epic Rally Potential, Says Analyst
PlayAGS (NYSE:AGS) stock is soaring as the broader market rebounds Tuesday. The stock is up more than 12 percent on above-average volume in late trading. Bullish action in the shares of the casino technology and...
Scientific Games, Playtech Strike International Distribution Agreement
Gaming technology provider Scientific Games (NASDAQ:SGMS) and European gaming firm Playtech (OTC:PYTCY) have reached an agreement. It paves the way for the companies to capitalize on the other's scale in various regions around the world....
Macau Rebound Showing Signs of Life
Macau's long-awaited gaming recovery may finally be starting to take shape. That's while shares of concessionaires in the world's largest casino center still offer value for patient investors, according to one bank. In a recent...
