5738 stories by Todd Shriber
Genting Singapore Can Win Yokohama Casino Competition, Says Bank
It's been just two days since Genting Singapore and Melco Resorts & Entertainment (NASDAQ:MLCO) were revealed as the two operators advancing to Yokohama's request for proposal (RFP) process. An investment bank is already saying the...
DraftKings Sags as Morgan Stanley Trims Price Target, Questions Stock-Based Compensation
DraftKings (NASDAQ:DKNG) stock is trading lower Wednesday after Morgan Stanley cut its price target on the sportsbook operator. The investment firm expressed concern over the company's equity-based compensation practices. In midday trading, the shares are...
Genting Singapore, Melco Resorts Officially Advance in Yokohama Casino Bidding Process
As was widely expected, Genting Singapore and Melco Resorts & Entertainment (NASDAQ:MLCO) are the gaming operators that qualified to participate in Yokohama's request for proposal (RFP) plans. Japan's second-largest city made the announcement yesterday. Ultimately,...
Entain CEO Urges Tabcorp To Take His Bid to Avoid Risky Rivals
Entain Australia CEO Dean Shannon, not surprisingly, believes his company's $2.7 billion proposal for Tabcorp's media and sports wagering businesses is the best in a growing field and is urging the operator to accept that...
News Corp Australia Aiming for FOX Bet Debut, Could Pursue Tabcorp Sports Wagering Unit
News Corp Australia is reportedly in late-stage discussions with a group headed by renowned Australian bookmaker Matthew Tripp. That could lead to the creation of a new wagering entity and a run at Tabcorp's media...
Everi Stock Has Good Vibes, Analyst Sees Lot More Upside
Quietly, Everi Holdings (NYSE:EVRI) stock is one of this year's best-performing gaming equities. Even with a 50.11 percent 2021 gain, the slot manufacturer and Fintech purveyor offers much more upside, according to one analyst. In...
Boyd Gaming Stock Is Hot, But Underappreciated, Says Analyst
Up 52.31% year-to-date, Boyd Gaming (NYSE:BYD) stock is a star among gaming equities. But at least one analyst says the casino operator may not be getting all the adulation it deserves. In a new note...
BetMakers Jumps Into Tabcorp Bidding Fray with $3.1 Billion Offer
Australian betting technology company BetMakers is inserting itself into the field of contenders for Tabcorp's media and sports wagering units with a $3.1 billion bid. The proposal, revealed late Thursday, is equivalent to $4 billion...
Magic City Casino, Flagler Dog Track Demand Insurers Pay COVID-19 Claims
West Flagler Associates, the holding company for Florida gaming venues that include Flagler Dog Track and Magic City Casino, is suing several insurance providers. West Flager demands they make good on coronavirus-related claims while alleging...
Century Casinos Mulls Addition of Hotel to Missouri Gaming Venue
Century Casinos is considering adding a hotel to its namesake gaming property in Cape Girardeau, Mo. But it's not yet clear when such a project will commence or what the size and price will be....