5138 stories by Todd Shriber
888 Holdings Looking to Go Big in M&A, Says CEO Pazner
Count Israel's 888 Holdings among the companies looking to participate in gaming industry consolidation in a big way. In an investor presentation released yesterday, the gaming company highlights “strategically attractive mergers and acquisitions” as one of its top strategic priorities. CEO Itai...
Caesars William Hill Auction Nearly Done, Could Fetch up to $2.75B
Caesars Entertainment's (NASDAQ:CZR) auction of William Hill's international business is nearly complete. It's possible the US gaming behemoth will rake in more for those assets than previously expected. When Caesars revealed plans to acquire William Hill late last year, it made clear...
Facebook Soon Introducing Fantasy Sports, Predictive Games
Social media giant Facebook is dipping its toes into fantasy sports and predictive games, revealing a suite of offerings pertaining to pop culture, sports, and television shows. The first game introduced by the company is Pick & Play Sports, launched in partnership...
Spotlight Sports Boosts Fantasy Sports Footprint in Alarm Sports Network Acquisition
Spotlight Sports Group said today it's acquiring FA Media LLC, the parent company of Alarm Sports Network, in an all-cash deal aimed at bolstering the buyer's presence in the fantasy sports space. Owned by Exponent Private Equity, Spotlight Sports is a provider...
Playtika Paying $600M for Redecor App Parent Reworks
Mobile gaming company Playtika (NASDAQ:PLTK) is spreading its wings beyond the gaming space in its $600 million purchase of design entertainment app purveyor Reworks. The Israeli company said late Monday it's acquiring Finland-based Reworks, the owner of the popular design entertainment mobile...
Skillz Stock Pops on Increasing WallStreetBets Mentions
Skillz (NYSE:SKLZ) stock is soaring Wednesday as the mobile games provider receives increasing attention on popular financial social media sites, including Reddit's notorious WallStreetBets. In early trading, shares of the esports tournament provider are higher by more than nine percent on volume...
Canada Could Be $2B Sports Betting Market, Say Research Firms
Single-game sports wagering is just a few days old in Canada. But that's not preventing some research firms from forecasting big things for the newest addition to the North American sports wagering market. The Safe and Regulated Sports Betting Act went into...
Elys Game Technology Stock Surges After Company Wins DC Sports Betting License
Elys Game Technology (NASDAQ:ELYS) stock is higher by 31 percent in midday, residing at its highest levels in more than five months. That's after the company landed a sports betting permit in Washington, DC. Reports don't indicate when the Canadian gaming technology...
Wynn Interactive CEO Billings Open to Mergers and Acquisitions
Wynn Interactive is nearing its debut as a public company, and ahead of that launch, CEO Craig Billings is open to merger and acquisition opportunities. In an interview with Bloomberg, Billings says the upstart online gaming unit of Wynn Resorts (NASDAQ:WYNN) is...
Another Sports Betting ETF Is Heading to Market
In the latest sign of enthusiasm for the next generation of gaming equities, a second sports wagering exchange-traded fund (ETF) could soon come to market. ETF Series Solutions (ESS), a multiple series trust (MST), filed plans with the Securities and Exchange Commission...
