5402 stories by Todd Shriber
Caesars, DraftKings Inch Closer to Nasdaq-100 Index Inclusion
Caesars Entertainment (NASDAQ:CZR), DraftKings (NASDAQ:DKNG), and some other gaming stocks are on the way to potentially joining the Nasdaq-100 Index (NDX), one of the world's most widely followed equity benchmarks. Last week, the Nasdaq Next Generation 100 Index, which serves as the...
Hawaii Casino Resistance Immediately Builds After DHHL Floats Idea
Just days after the Department of Hawaiian Homelands (DHHL) floated the idea of a casino in the city of Kapolei, some state politicians are calling the plan a bad idea. Facing a strained cash situation owing to the coronavirus pandemic, DHHL is...
Wynn Executive Says Encore Boston Harbor Isn’t on Selling Block
Refuting rumors the property is being shopped, Encore Boston Harbor President Brian Gullbrants told staffers the gaming venue isn't for sale. The executive made the remarks in a Saturday message to employees, saying that reports of Wynn Resorts selling the Bay State...
Playtika, Profitable Online Gaming Company, Reveals IPO Plans
Mobile gaming company Playtika filed a Form S-1 with the Securities and Exchange Commission (SEC) Friday, bringing it closer to a highly anticipated initial public offering (IPO). In the regulatory document, the Israeli company, which is controlled by a group of Chinese...
Landcadia Investor Votes Needed to Expedite Golden Nugget Online Merger
Landcadia Holdings II, Inc. (NASDAQ:LCA) may need a "get out the vote" operation. The special purpose acquisition company (SPAC) controlled by Tilman Fertitta and investment bank Jefferies conducted a shareholders meeting today to finalize its merger with Golden Nugget Online Gaming (GNOG)....
Penn National Pumped by BofA, Analyst Sees Triple Digits for Hot Stock
The scintillating run by Penn National Gaming (NASDAQ:PENN) received more fuel today with the help of some bullish commentary from Bank of America (BofA) analyst Shaun Kelley. In a note to clients today, Kelley reiterates a “buy” rating on Penn stock, while...
Skillz Goes Public, Latest Gaming Name Born Out of SPAC Deal
Skillz Inc. (NYSE:SKLZ), a mobile gaming and esports provider, is now a publicly traded entity. It becomes the latest firm to join those ranks following a merger with a special purpose acquisition company (SPAC). In September, San Francisco-based Skillz announced plans to...
Hawaii Could Say Aloha to Kapolei Casino, But Odds Still Long
The Department of Hawaiian Homelands (DHHL) is taking a bold approach to dealing with a cash crunch caused by the coronavirus pandemic: It's proposing a casino in Kapolei on the island of Oahu. DHHL says it needs to raise $6 billion to...
Casino Queen Grabs Second Baton Rouge Casino in GLPI Hollywood Deal
For the second time this month, Casino Queen Holding Company Inc. is acquiring a gaming venue in Baton Rouge, La. On Tuesday, it announced the purchasing of the operating rights for the Hollywood Casino Baton Rouge. The buyer is paying $28.2 million...
Marquee Raine, SPAC Controlled by Cubs Owner, DraftKings Backer, Prices $325 Million IPO
Marquee Raine Acquisition Corp. has sold 32.50 million units at $10 apiece, pricing its initial public offering (IPO) at $325 million. The corporation is a special purpose acquisition company (SPAC). The units start trading today on the Nasdaq Capital Market under the...
