5739 stories by Todd Shriber
Caesars Auction of William Hill Betting Shops Likely to Draw 888 Holdings, Apollo
Caesars Entertainment (NASDAQ:CZR) put the finishing touches on its $3.69 billion takeover of William Hill less than two weeks ago. As is widely expected, the gaming giant will soon auction off the British bookmaker's 1,400...
FanDuel Listing Won’t Include FOX Bet, PokerStars, Says Flutter CEO Jackson
A potential spin-off the FanDuel business won't include the FOX Bet and PokerStars brands, businesses Flutter Entertainment (OTC:PDYPY) CEO Peter Jackson describes as “struggling.” Jackson made the remarks on the Irish company's first-quarter earnings call...
DraftKings Stock Sagging, But Guggenheim Sees Upside Coming
DraftKings (NASDAQ:DKNG) stock is mired in a slump. But that's not preventing some analysts from sticking with or starting new bullish outlooks on the name. Guggenheim analyst Curry Baker initiated coverage of the sportsbook operator...
Chicago Not MGM Kind of Town, Says CFO Halkyard
MGM Resorts International (NYSEARCA:MGM) is weighing domestic expansion opportunities. But Chicago isn't part of those plans. CFO Jonathan Halkyard said there are complexities associated with bringing an integrated resort to the third-largest US city. That...
Japan Reportedly Mulling Sports Betting Expansion by 2024, Could Be $65B Market
Japanese policymakers are rumored to be holding internal talks about expanding the country's regulated sports betting offerings to include the popular baseball and soccer leagues -- a move that, if made, could result in a...
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...