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Todd Shriber
5738 stories by Todd Shriber
Entain Mulling Run at William Hill International Business
Entain Plc (OTC:GMVHY) is considering joining the fray of bidders for William Hill's non-US assets, including the sportsbook operator's famed UK betting shops. Caesars Entertainment (NASDAQ:CZR) recently completed its $3.69 billion acquisition of William Hill....
Full House Stock Hits Record as Fund Manager Reveals Holdings in Casino Name
Full House Resorts (NASDAQ:FLL) stock hit an all-time high earlier today, and is one of the day's best-performing gaming equities. That's after an investment company said it added shares of regional casino operator to a...
Macau Back to Pre-Pandemic Highs in 2024, Diversity Further Out, Says Moody’s
Macau's gaming-dependent economy should be back to pre-coronavirus pandemic heights by 2024. But diversification efforts remain longer-ranging, according to Moody's Investors Service. In a new report, the research firm notes that while the special administrative...
Litt’s Land & Buildings Adds Boyd Gaming, MGM Growth Properties to Portfolio
Land & Buildings Investment Management, LLC (L&B) was busy with casino equities in the first quarter, adding new positions in Boyd Gaming (NYSE:BYD) and MGM Growth Properties (NYSE:MGP). Jonathan Litt's firm is considered an activist...
Sony Wants to Patent PlayStation Esports Betting Platform Using Real Money, Bitcoin
Sony Interactive Entertainment recently published a patent that, if approved, could pave the way for PlayStation users to wager on esports and make their bets in bitcoin. The application, tilted “E-Sports Betting Platform,” was filed...
Galaxy Entertainment Withdraws from Yokohama Casino Competition
Yokohama's ambitions of being one of the first three Japanese cities to host an integrated resort suffered another blow Monday when Galaxy Entertainment Group said it's pulling out of the competition. That's more a commentary...
Churchill Downs, DraftKings Could Win in Russell Rebalancing
Churchill Downs (NASDAQ:CHDN) and DraftKings (NASDAQ:DKNG) are among the stocks that could be affected by the annual rebalancing of FTSE Russell equity indexes. In a recent call with clients, Jefferies highlighted seven consumer discretionary names,...
Churchill Downs Stock Races Higher as Jefferies Calls It Top Gaming Story
Churchill Downs (NASDAQ:CHDN) stock is joining other gaming equities to the upside Friday. That's after Jefferies analyst David Katz upgraded shares of the racetrack operator less than two weeks after the Kentucky Derby. The analyst...
Wynn Interactive Already Netting Bullish Expectations
It's been just two days since Wynn Resorts (NASDAQ:WYNN) revealed plans to merge its online gaming business with a special purpose acquisition company (SPAC) to take that unit public. Some analysts are already enthusiastic about...
FanDuel CEO Departure Could Affect Spin-Off Timing
Flutter Entertainment (OTC:PDYPY) has announced the departure of FanDuel CEO Matt King. It's news that could impact the timing of the Irish gaming company's plan to list part of the online sports betting giant on...
