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Todd Shriber
5664 stories by Todd Shriber
Sony Wants to Patent PlayStation Esports Betting Platform Using Real Money, Bitcoin
Sony Interactive Entertainment recently published a patent that, if approved, could pave the way for PlayStation users to wager on esports and make their bets in bitcoin. The application, tilted “E-Sports Betting Platform,” was filed...
Galaxy Entertainment Withdraws from Yokohama Casino Competition
Yokohama's ambitions of being one of the first three Japanese cities to host an integrated resort suffered another blow Monday when Galaxy Entertainment Group said it's pulling out of the competition. That's more a commentary...
Churchill Downs, DraftKings Could Win in Russell Rebalancing
Churchill Downs (NASDAQ:CHDN) and DraftKings (NASDAQ:DKNG) are among the stocks that could be affected by the annual rebalancing of FTSE Russell equity indexes. In a recent call with clients, Jefferies highlighted seven consumer discretionary names,...
Churchill Downs Stock Races Higher as Jefferies Calls It Top Gaming Story
Churchill Downs (NASDAQ:CHDN) stock is joining other gaming equities to the upside Friday. That's after Jefferies analyst David Katz upgraded shares of the racetrack operator less than two weeks after the Kentucky Derby. The analyst...
Wynn Interactive Already Netting Bullish Expectations
It's been just two days since Wynn Resorts (NASDAQ:WYNN) revealed plans to merge its online gaming business with a special purpose acquisition company (SPAC) to take that unit public. Some analysts are already enthusiastic about...
FanDuel CEO Departure Could Affect Spin-Off Timing
Flutter Entertainment (OTC:PDYPY) has announced the departure of FanDuel CEO Matt King. It's news that could impact the timing of the Irish gaming company's plan to list part of the online sports betting giant on...
MGM Resorts Sells Springfield Casino Real Estate to MGP for $400M
MGM Resorts International (NYSE:MGM) is selling its MGM Springfield integrated resort to MGM Growth Properties (NYSE:MGP), the gaming company's primary landlord, for $400 million in cash. The deal is a sale-leaseback transaction, which has become...
Bally’s Stock Weakness Could Be Long-Awaited Buying Opportunity, Say Analysts
Once among the hottest gaming equities, Bally's (NYSE:BALY) is following the broader group lower. That's despite reporting record first-quarter adjusted earnings before interest, taxes, depreciation and amortization (EBITDA). Some analysts are sticking up for the...
Wynn Stock Setup Encouraging on Macau, iGaming IPO
On another dismal day for the broader gaming complex, Wynn Resorts (NASDAQ:WYNN) stock is standing out with a modest gain early Tuesday. The operator is winning praise for encouraging Macau results and the decision to...
Wynn Interactive Going Public in Deal with Foley SPAC Austerlitz Acquisition
Wynn Resorts (NASDAQ:WYNN) said today it's entering an agreement with special purpose acquisition company (SPAC) Austerlitz Acquisition Corp. I (NYSE:AUS) to bring the gaming operator's interactive unit public. In a deal with estimated post-transaction enterprise...
