5360 stories by Todd Shriber
Las Vegas Sands to Continue Prioritizing Asia Following Adelson’s Death, Says Research Firm
Las Vegas Sands (NYSE:LVS) will keep its operational focus honed on the Asia-Pacific region following the death of Chairman Sheldon Adelson, say analysts. The casino mogul passed away Tuesday of complications from non-Hodkinson’s lymphoma. He was 87. Adelson was widely credited with...
Choice Hotels, Penn National Gaming Reveal Loyalty Rewards Reciprocal Agreement
Choice Hotels International and Penn National Gaming are expanding their customer loyalty platforms to broaden appeal to members of both programs. As part of the agreement, members of Choice Privileges can book stays at any of Penn's 41 gaming properties across 19...
NBA Digital Betting Partners Search Could be Meaningful for DraftKings, fuboTV
The NBA is discovering that bettors are more likely to tune into the league's broadcasts and watch for longer stretches of time. One analyst believes that could compel the association to develop telecasts catering directly to gamblers. Oppenheimer analyst Jed Kelly says...
Tropicana Las Vegas Officially for Sale Again, Penn National Expected to Part with Operating Rights
Tropicana Las Vegas is on the market again. The move comes less than 10 months after Penn National Gaming (NASDAQ:PENN) sold the real estate of the famed Strip venue to Gaming & Leisure Properties (NASDAQ:GLPI). Both the venue and Penn's operating rights...
Bally’s Acquisitions, iGaming Moves Make for Catalyst-Rich Story, Says Analyst
Bally's Corp. (NYSE:BALY) morphed from a nearly anonymous regional gaming outfit thanks to an aggressive deal-making last year, making it one of the fastest-growing companies in the space. Wall Street is betting that trend will continue in 2021. In midday trading Tuesday,...
fuboTV, Eyeing Sportsbook Launch, Acquires Vigtory
Shares of online streaming service fuboTV (NYSE:FUBO) are soaring Tuesday after the company said it's purchasing sports wagering firm Vigtory. The move is expected to aid the buyer's effort to launch a web-based sportsbook at some point this year. Terms of the...
Penn National Gaming Tops $100, Market Cap Bigger Than MGM
Boosted by speculation on the fate of online sports betting in New York and a strong weekend handle on NFL games, Penn National Gaming (NASDAQ: PENN) surged seven percent Monday on volume that was more than 50 percent above the daily average....
Flutter, not DraftKings, Is Preferred Sports Wagering Equity Bet, Says Fund Manager
In the US online sports betting arena, Flutter Entertainment Plc's (OTC:PDYPY) FanDuel unit and DraftKings (NASDAQ:DKNG) control approximately 63 percent of the market. But one fund manager prefers FanDuel over DraftKings. Because of the daily fantasy sports (DFS) boom several years ago,...
Macau Casino Equities Ready for Second Half Rebound, Says Morgan Stanley
Shares of Macau gaming operators could endure lethargic starts to 2021 before a catalyst-rich rebound materializes in the second half of the year, according to Morgan Stanley. New capacity, increased domestic travel, and momentum for license renewal are among the factors that...
Las Vegas Sands Eyes Sports Wagering Entry
Las Vegas Sands (NYSE:LVS) is reportedly mulling getting into the booming sports wagering business. That potentially marks a move into online gaming, an area Chairman Sheldon Adelson has long voiced opposition against. Earlier Friday, Bloomberg reported Sands acting CEO Rob Goldstein is...
