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Todd Shriber
5664 stories by Todd Shriber
Sportradar Pulls Plug on Horizon SPAC Transaction, Mulls Standard IPO
Sportradar and special purpose acquisition company (SPAC) Horizon Acquisition Corp. II (NYSE: HZON) are reportedly ending merger talks. The sports betting data provider is opting to pursue a conventional initial public offering (IPO). Talks between...
Caesars, Golden Entertainment, MGM Highlighted by Analyst Favoring US Gaming Stocks
The US is the place to be when it comes to winning gaming equities, as one analyst is extolling the virtues of names such as Caesars Entertainment (NASDAQ:CZR), Golden Entertainment (NASDAQ:GDEN), and MGM Resorts International...
Guangdong COVID-19 Border Protocols Problematic for Macau Concessionaires, Says Bank
A recent surge in coronavirus cases in Guangdong, the Chinese province closest to Macau, is prompting stricter border controls. It could be the latest issue to weigh on the casino center's still slow rebound. Since...
Skillz Aarki Acquisition Draws Praise from Analysts, Investors
Skillz (NYSE:SKLZ) stock surged 17.26 percent this week, thanks entirely to a 27 percent gain on Wednesday. The move came on news the mobile games company is buying internet advertising firm Aarki for $150 million...
Las Vegas Sands CEO Goldstein Frustrated by Macau Lethargy, Still Wants US Exposure
Las Vegas Sands (NYSE:LVS) CEO Rob Goldstein is disappointed by the sluggish rebound in Macau, but adds the company remains bullish on the world's largest casino center long-term. In remarks made at the virtual Bernstein...
Pansy Ho Continues Trimming MGM Stock Stake, Now Below One Percent
Pansy Ho, co-chairperson at MGM China Holdings Ltd., continues paring her stake in MGM Resorts International (NYSE:MGM). She now owns less than one percent of the US casino giant. In a series of sales spanning...
Genting Singapore Can Win Yokohama Casino Competition, Says Bank
It's been just two days since Genting Singapore and Melco Resorts & Entertainment (NASDAQ:MLCO) were revealed as the two operators advancing to Yokohama's request for proposal (RFP) process. An investment bank is already saying the...
DraftKings Sags as Morgan Stanley Trims Price Target, Questions Stock-Based Compensation
DraftKings (NASDAQ:DKNG) stock is trading lower Wednesday after Morgan Stanley cut its price target on the sportsbook operator. The investment firm expressed concern over the company's equity-based compensation practices. In midday trading, the shares are...
Genting Singapore, Melco Resorts Officially Advance in Yokohama Casino Bidding Process
As was widely expected, Genting Singapore and Melco Resorts & Entertainment (NASDAQ:MLCO) are the gaming operators that qualified to participate in Yokohama's request for proposal (RFP) plans. Japan's second-largest city made the announcement yesterday. Ultimately,...
Entain CEO Urges Tabcorp To Take His Bid to Avoid Risky Rivals
Entain Australia CEO Dean Shannon, not surprisingly, believes his company's $2.7 billion proposal for Tabcorp's media and sports wagering businesses is the best in a growing field and is urging the operator to accept that...
