4982 stories by Todd Shriber
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 (SEC), the company reveals plans to list...
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 Global Management (NYSE:APO) and BetMakers for the...
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 is a sign the Malaysian parent wants...
DraftKings Positioned to Beat Q2 Revenue Estimates, Says Analyst
If state data is any indication, DraftKings (NASDAQ:DKNG) is poised to top second-quarter revenue estimates. That's the view of Loop Capital analyst Daniel Adam. In a note out earlier this week, Adam evaluated data from states that DraftKings is live in that...
MGM Resorts Stock Not Getting Enough Vegas Love, Says Analyst
MGM Resorts International (NYSE:MGM) is the largest operator on the Las Vegas Strip, meaning its stock is highly tethered to recovery in the largest US casino center. But one analyst believes the gaming equity isn't getting the credit it deserves. In a...
Penn National Gaming Lifts Q2 Guidance, Plans $400M Debt Sale
Penn National Gaming (NASDAQ:PENN) stock is getting a much needed boost Thursday. It is trading higher after the regional gaming company raised second-quarter revenue and adjusted earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) forecasts. The operator of...
Esports Technologies Wants to Patent Betting Tech on Streaming Platforms
Esports Technologies (NASDAQ:EBET) is looking to bring esports wagering to a wider audience, filing a comprehensive provisional patent that would allow for betting on gaming competitions from streaming entertainment platforms. The Las Vegas-based operator of an online gaming platform filed a patent...
888 Holdings Recommended as Play on Bidding for William Hill Non-US Assets
Caesars Entertainment (NASDAQ:CZR) is expected to initiate the sale process of William Hill's international assets this quarter and could announce a buyer at some point in the second half of 2021. One analyst views 888 Holdings as a way for investors to...
Caesars, DraftKings, Score Media Picked as Canada Sports Bet Winners
In a widely anticipated move, Canada passed single-game sports wagering Tuesday. Wall Street analysts moved swiftly to highlight gaming equities positioned to capitalize on the new, potentially lucrative market. The list includes US-based operators such as BetMGM, Caesars Entertainment (NASDAQ:CZR), DraftKings (NASDAQ:DKNG),...
North American iGaming, Sports Betting Market Could Reach $42B, Says CFRA
The familiar catalysts of rising consumer penetration and increasing state-level legalization could drive the North American online casinos and sports wagering market to $42 billion, according to CFRA Research. In a note to clients, analysts Andrew Tam and Tuna Amobi point out...
