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Todd Shriber
5738 stories by Todd Shriber
Surprising Sports Could Power Future of Wagering, Survey Says
In the US, the NFL is the most popular, most watched sports league. And football, including college, is the most wagered-on sport. But in what may come as a surprise to some, NFL fans aren't...
Atari Scraps Online Casino, Takes $6M Charge on Lost Effort
Video game giant Atari's foray into the world of online casinos was a brief one. The company announced Monday turning its focus to premium games and closing its casino in Africa. In a statement released...
Flutter Entertainment Stock Inexpensive, Earns Upgrade
Due to an array of factors, Flutter Entertainment (OTC:PDYPY) stock wasn't the cream of the crop among gaming equities in the first half of the year. But at least one research firm sees opportunity in...
Tabcorp Spurns Apollo, Entain, Plans Spinoff of Keno, Lottery Unit
Australian gaming operator Tabcorp has rebuffed multiple suitors for its media and sports wagering businesses. Instead, it declared Monday it will spin-off its keno and lottery units into a separate publicly traded entity, ending months...
Las Vegas Sands Still Preferred Way to Play Macau Rebound
Las Vegas is abuzz with activity again, and regional casinos have long since shaken off the effects of the coronavirus pandemic. But Macau is lagging, pressuring some of the largest gaming equities in the process....
Gopher Investments Bids $250M for Playtech Finalto Unit, Tops Management-Led Offer
Gopher Investments is offering $250 million in cash to acquire Playtech's (OTC:PYTCY) Finalto business. It's a bid the suitor says is well ahead of the pitch made by Finalto management. The investment firm's pitch is...
Apollo Seen as Leading Contender for William Hill Assets, But Entain Lurking
Private equity behemoth Apollo Global Management (NYSE:APO) is rumored to be in the pole position to win William Hill's international businesses. But Entain Plc (OTC:GMVHY) could be mulling a bid, too, according to reports on...
Scientific Games Earns Analyst Praise for Lottery, Sports Betting Divestment Plans
Earlier this week, Scientific Games (NASDAQ:SGMS) revealed plans to part with its lottery management and sports wagering businesses. The move is drawing applause from Wall Street. In a note to clients, Stifel analyst Jeffrey Stantial...
CBRE Buys Union Gaming in Bid to Bolster Gaming Investment Operations
Commercial real estate giant CBRE Group (NYSE: CBRE) is acquiring Union Gaming, a boutique investment bank focusing on the gaming industry. The financial terms of the transaction weren't disclosed. Based in Las Vegas, with another...
Tabcorp Rumored to Be Talking with Apollo, Entain
The rumor mill pertaining to Tabcorp's plans to perhaps sell its media and sports wagering units continues spinning. Speculation is emerging that the Australian gaming company is holding discussions with suitors Apollo Global Management (NYSE:APO)...
