5215 stories by Todd Shriber
DraftKings Among Secular Growth Stocks Highlighted by Morgan Stanley
Morgan Stanley strategists recently updated their semiannual lists of secular growth stocks, with online sports betting juggernaut DraftKings (NASDAQ:DKNG) making the cut. The bank divides the list into two groups: Companies residing in the media, technology, and telecommunications industries, and those that...
MGM Growth Properties Bargain Idea Among Travel Stocks
Casino landlord MGM Growth Properties (NYSE:MGP) is among the travel and leisure-related stocks that are currently inexpensive. That according to this week's Barron's cover article, which highlights six travel equities sporting attractive valuations. MGP, the owner of the property assets of the...
Boyd Gaming Among Mid-Cap Companies Seen Topping Q2 Earnings Estimates
Boyd Gaming (NYSE:BYD) reports second-quarter results next Tuesday, and the company could be among the mid- and small-cap firms that top estimates for the April through June period. Bank of America recently screened components of the S&P Small Cap 600 and S&P...
DraftKings Among Array of Popular Web Sites Temporarily Knocked Offline
DraftKings was among a slew of well-known web sites experiencing outages and slow loading times today. Some gamblers may not have been able to place bets earlier today, and daily fantasy sports (DFS) players may not have been able to set lineups....
Las Vegas Sands Stock Stumbles After Q2 Earnings Dud, Analysts Cautious
Shares of Las Vegas Sands (NYSE:LVS) are sagging Thursday, probing the lowest levels since February. That's after the gaming company released disappointing second-quarter results late Wednesday. The largest casino operator by market capitalization lost 25 cents a share on the basis of...
MGM Japan Plan Not Yet Material to Stock Price, Says Analyst
MGM Resorts International (NYSE:MGM) and local partner Orix revealed long-awaited plans for a $9.1 billion integrated resort in Osaka this week. Perhaps to the delight of some investors, that price point is well below the minimum of $10 billion. That's the figure...
ARK Invest Forecasts More Growth for Online Sports Betting, Sees $180B Handle
While just 15 states and Washington, DC currently permit online sports betting (OSB), the runway for growth is lengthy and ripe for growth, notes ARK Investment Management. The famed New York-based fund issuer and money manager founded by Cathie Wood is the...
DraftKings Launching NFT Marketplace, Will Distribute Tom Brady-Backed Company
DraftKings (NASDAQ:DKNG) is getting into the non-fungible token (NFT) space, announcing plans for DraftKings Marketplace. The Boston-based gaming company said DraftKings Marketplace will provide mainstream access to NFTs. The NFT is an emerging digital asset class that's generating considerable buzz, and one...
PlayAGS Stock Has Epic Rally Potential, Says Analyst
PlayAGS (NYSE:AGS) stock is soaring as the broader market rebounds Tuesday. The stock is up more than 12 percent on above-average volume in late trading. Bullish action in the shares of the casino technology and games provider today eats away at a...
Scientific Games, Playtech Strike International Distribution Agreement
Gaming technology provider Scientific Games (NASDAQ:SGMS) and European gaming firm Playtech (OTC:PYTCY) have reached an agreement. It paves the way for the companies to capitalize on the other's scale in various regions around the world. As part of the accord, Playtech's software...
