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Todd Shriber
5664 stories by Todd Shriber
Boyd Margin Story Impresses, Analyst Says M&A, Dividend Resumption Possible
Boyd Gaming (NYSE:BYD) reported better-than-expected first-quarter results on Tuesday. But the real story is ongoing margin expansion and signs that March traffic momentum is carrying over to April. That could be a sign the Orleans...
Golden Entertainment Stock Glitters, Offers Big Upside, Says Analyst
Already on a torrid pace, Golden Entertainment (NASDAQ:GDEN) stock offers significant appreciation potential. That's as the Las Vegas locals (LVLs) segment springs back to life and as more Californians flock to Nevada, among other factors,...
DraftKings Media Grows with Dan Le Batard Podcast, Needham Analyst Bullish
DraftKings (NASDAQ:DKNG) continues moving further into the media landscape, announcing today it reached a content distribution agreement with Meadowlark Media. Meadowlark Media is the owner of Dan Le Batard’s network of shows. Financial terms of...
Entain Ups Tabcorp Takeover Offer to $2.7B, Eyes Dominant Australia Perch
Entain Plc (OTC:GMVHY) is making another run at Tabcorp's betting and media businesses, raising its acquisition bid to $2.7 billion from $2.28 billion. Both companies confirm the revised proposal. The new offer from UK-based Entain...
Penn National Gaming Leveraging Barstool, Portnoy to Join NFT Craze
Penn National Gaming (NASDAQ:PENN) is finding unique ways to capitalize on its stake in Barstool Sports. It is now entering the hot non-fungible token (NFT) space with an image of the media company's founder, David...
Sinclair Broadcast Talking to Betting Companies on Bally’s-Like Accord
Sinclair Broadcast Group is looking to strike more deals akin to the one media company reached last year with casino operator Bally's Corp. (NYSE:BALY). The moves come as it's scrambling to rework the debt load...
Betway Parent Reveals $4.75B Merger with SPAC Where NFL Commissioner’s Brother Is Director
Super Group, the parent company of global online sports betting operator Betway, is merging with special purpose acquisition company (SPAC) Sports Entertainment Acquisition Corp. (NYSE:SEAH). It's a transaction with a pre-equity valuation of $4.75 billion....
ARK Sears Skillz Stock Shorts, Calls Bear Reports Misleading
Embattled Skillz (NYSE:SKLZ) got some relief this week. The stock soared 20.25 percent, as ARK Investment Management gobbled up shares of the mobile games developer while defending it against bearish commentary. On Tuesday, shares of...
Washington State Aiming for NFL Season to Start Sports Betting at Tribal Casinos
Washington State's slow road to debuting regulated sports betting appears to have a launch date: The start of the 2021 NFL season. In February 2020, policymakers in the Pacific Northwest state signed off on sports...
China, Japan, South Korea to Drive Asian Gaming Markets, Says Goldman Sachs
China, Japan and South Korea -- three of the continent's richest countries -- will drive the bulk of casino gaming activity in Asia in the years ahead, notes Goldman Sachs. Speaking at the recent Japan...
