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Todd Shriber
5738 stories by Todd Shriber
Melco’s Lawrence Ho Looking to Raise up to $172.5M in Black Spade SPAC Listing
Melco Resorts & Entertainment (NASDAQ:MLCO) Chairman and CEO Lawrence is joining the special purpose acquisition company (SPAC) parade in the US. He is filing plans to raise up to $172.5 million in an initial public...
Sports Betting, iGaming Consolidation Activity Has Long Runway Ahead, Say Analysts
Still in its nascent stages, the domestic online casino and sports wagering industries are thriving. That growth is expected to add to an already brisk pace of mergers and acquisitions and other transactions. In a...
MGM Growth, VICI Properties Among Top Net Lease Ideas, Says Research Firm
Gaming real estate investment trusts (REITs) MGM Growth Properties (NYSE:MGP) and VICI Properties (NYSE:VICI) are preferred ideas among real estate equities with the net lease designation, according to a research firm. In its recent "Finding...
Scientific Games Divesting Lottery, Sports Betting Units, Eyes IPO or SPAC Deal
Scientific Games (NASDAQ:SGMS) stock is rallying Tuesday. That's after the gaming equipment maker said it will divest its lottery management and sports wagering units as part of an ongoing effort to deleverage its balance sheet....
Intralot Creditors Agree to Help Company Pay Off Debt in New Bond Deal
Creditors of Intralot are extending $177 million in financing to help the struggling Greek gaming operator meet debt payments coming due in September as part of a new bond agreement. Under the terms of the...
Bally’s a Sports Betting Play as Investors Fret Over Integration, Says Analyst
Bally’s (NYSE:BALY) stock is lagging the broader gaming equity group over the past several months, as investors express concern about the company's ability to adequately digest recent acquisitions. But one analyst sees the issues hindering...
Domino’s, DraftKings Make Betting on Pizza Delivery a Thing in New Promotion
It's often said that some gamblers “will bet on anything,” and Domino's Pizza and DraftKings are indulging that whim with a new free-to-play game. The two companies said Monday they're teaming up to allow users...
Gambling.com Reveals Plans for US Initial Public Offering
Gambling.com, a provider of web sites that allow bettors to compare online casinos and sportsbooks, filed for a US initial public offering (IPO). In a recent Form F-1 filing with the Securities and Exchange Commission...
Entain Could Again Raise Offer for Tabcorp Media, Sports Betting Units
Rumors are swirling that Entain Plc (OTC:GMVHY) could again increase its bid for Tabcorp's media and sports wagering businesses as competition for those assets intensifies. The UK-based bookmaker is competing with private equity shop Apollo...
Resorts World Las Vegas Could Be Precursor to Genting US Listing
Resorts World Las Vegas, which opened earlier this week, could set the stage for operator Genting Berhad to pursue a US listing of its shares. Bernstein analysts believe the newest integrated resort on the Strip...
