4979 stories by Todd Shriber
DraftKings CEO Robins Wants Company to Accept Crypto, But States Balk at Idea
DraftKings (NASDAQ:DKNG) CEO Jason Robins would like his company to accept cryptocurrency as a form of payment. But state regulators aren't allowing it. Robins made the comments at an event sponsored by stock trading app Public on Wednesday. He didn't specify which...
Bally’s Could Be Comeback Kid Among Gaming Equities
Bally's (NYSE:BALY) stock was hot until it wasn't. It's still up 9.54 percent year-to-date, but it's off 28.54 percent from its March highs. Though mired in a slump, Bally's remains one of Wall Street's favored gaming ideas on the basis of margin...
NeoGames Stock Continues Ascent, Analyst Forecasts More Upside
Higher by a jaw-dropping 47.26% over the past month, NeoGames (NASDAQ:NGMS) stock is quietly one of the best-performing gaming equities this year. One analyst believes the internet lottery provider will continue its bullish ways. In a note to clients today, Stifel analyst...
Skillz Stock Not Yet in AMC, GameStop Territory, But Still Prime Short Squeeze Candidate
Skillz (NYSE:SKLZ) hasn't yet reached the rarefied air of meme stocks such as GameStop (NYSE:GME) and AMC Entertainment Holdings (NYSE:AMC). But the mobile games platform provider has some of the same ingredients that drove those names to big gains and notoriety. Skillz...
Sportradar Pulls Plug on Horizon SPAC Transaction, Mulls Standard IPO
Sportradar and special purpose acquisition company (SPAC) Horizon Acquisition Corp. II (NYSE: HZON) are reportedly ending merger talks. The sports betting data provider is opting to pursue a conventional initial public offering (IPO). Talks between the Swiss company and the SPAC founded...
Caesars, Golden Entertainment, MGM Highlighted by Analyst Favoring US Gaming Stocks
The US is the place to be when it comes to winning gaming equities, as one analyst is extolling the virtues of names such as Caesars Entertainment (NASDAQ:CZR), Golden Entertainment (NASDAQ:GDEN), and MGM Resorts International (NYSE:MGM). In a note to clients today,...
Guangdong COVID-19 Border Protocols Problematic for Macau Concessionaires, Says Bank
A recent surge in coronavirus cases in Guangdong, the Chinese province closest to Macau, is prompting stricter border controls. It could be the latest issue to weigh on the casino center's still slow rebound. Since the start of this month, more than...
DraftKings Stock Gets Russell Rebalance Lift, Caesars, Penn Could See Selling Pressure
More details are emerging on the looming rebalancing of FTSE Russell equity benchmarks, and there appears to be good news for DraftKings (NASDAQ:DKNG) stock. Shares of the sportsbook operator are higher by more than four percent in midday trading after Jefferies published...
Genting Singapore Already Flexing Muscles in Yokohama
In what's now a two-competitor race to bring an integrated resort to Yokohama, Genting Singapore is making clear it means business. At the gaming company's recent annual meeting, it was revealed a portion of Executive Chairman Tan Sri Lim's compensation will be...
Skillz Aarki Acquisition Draws Praise from Analysts, Investors
Skillz (NYSE:SKLZ) stock surged 17.26 percent this week, thanks entirely to a 27 percent gain on Wednesday. The move came on news the mobile games company is buying internet advertising firm Aarki for $150 million in cash and stock. It's the esports...
