5361 stories by Todd Shriber
Gaming and Leisure Properties Lauded as Lower-Risk Casino Real Estate Play
Gaming and Leisure Properties (NASDAQ:GLPI) stock is higher by more than two percent Thursday following an endorsement from a sell-side analyst. Initiating coverage of the gaming real estate investment trust (REIT), Mizuho Securities USA analyst Haendel St. Juste rates GLPI stock a...
Boyd Gaming Stock Has Array of Upside Sparks, Analyst Raises Estimates
Boyd Gaming (NYSE:BYD) stock is a catalyst-rich story, with plenty of levers to pull to generate upside, despite already being up 37.37 percent year-to-date. That's the take of Stifel analyst Steven Wieczynski, who, in a note to clients Thursday, reiterates a “buy”...
Macau Golden Week Less Restricted Than Chinese New Year, Says UBS
UBS expects the upcoming May Day Golden Week festivities in Macau won't be subject to the same travel restrictions as the Chinese New Year celebration. The scenario could benefit the special administrative region's (SAR) six concessionaires. The Swiss bank arrives at its...
Fox Sports Betting Stake Draws Barclay Raves, Says FanDuel Accretive to Shares
Fox Corp. (NASDAQ:FOXA) is a $23 billion broadcasting behemoth, but investors shouldn't sleep on the company's sports betting footprint. That's the sentiment of Barclays analyst Kannan Venkateshwar, who on Monday lifted his price target on the stock to $38 from $29 while...
GWM Asset Management Says William Hill Short on Caesars Takeover Details
Another money manager is claiming William Hill (OTC:WIMHY) didn't reveal enough information regarding Caesars Entertainment’s (NASDAQ:CZR) proposed $3.69 billion acquisition of the sportsbook operator. GWM Asset Management will reportedly contest the deal. They argue on the basis that William Hill's board of...
Okada Manila Reviewing Several SPAC Offers, Says Universal Entertainment
Universal Entertainment Group is looking to bring its Okada Manila gaming business to a US equity exchange via merger with a special purpose acquisition company (SPAC). Not surprisingly, demand for that deal is strong among blank-check firms. In a letter to JASDAQ,...
theScore Lands Illinois Access in Deal with Caesars
Score Media and Gaming Inc. (NASDAQ:SCR) said it's procuring access to the fast-growing Illinois sports betting market via an agreement with Caesars Entertainment (NASDAQ:CZR). The Canadian sports wagering company, also known as theScore, will offer its Score Bet mobile app in the...
Las Vegas Sands Looks At Anti-Money Laundering Protocols at Singapore Resort
Las Vegas Sands (LVS) is reportedly forming a committee to examine possible breaches of anti-money laundering standards at its Marina Bay Sands (MBS) property in Singapore. Citing unidentified sources familiar with the matter, Bloomberg reports the Las Vegas-based gaming operator hired law...
Bragg Gaming Aiming for Nasdaq Listing, Planning Reverse Split
Canadian gaming technology provider Bragg Gaming (OTC:BRGGF) is eyeing a listing on the Nasdaq Stock Market. The Toronto-based company may engineer a reverse split to make that happen. Currently, the company's US-listed shares trade over-the-counter and go for $1.84 (at this writing)....
Tabcorp Rebuffs $2.28 Billion Entain Bid, Promises Review of Betting, Media Units
Tabcorp turned back a $2.28 billion takeover offer from Entain Plc (OTC:GMVHY) for the company's media and sports wagering businesses. But the Australian firm is promising a strategic review of those units that could ultimately lead to a sale or spin-off. In...
