5361 stories by Todd Shriber
Landcadia Amends Voting Requirement to Seal Golden Nugget Online Deal
Landcadia Holdings II, Inc. (NASDAQ:LCA) is taking steps to ensure it's able to finalize its merger with Golden Nugget Online Gaming (GNOG). It is amending the purchase agreement to shorten the odds the transaction passes at an upcoming shareholder meeting. Last week,...
Caesars, DraftKings Inch Closer to Nasdaq-100 Index Inclusion
Caesars Entertainment (NASDAQ:CZR), DraftKings (NASDAQ:DKNG), and some other gaming stocks are on the way to potentially joining the Nasdaq-100 Index (NDX), one of the world's most widely followed equity benchmarks. Last week, the Nasdaq Next Generation 100 Index, which serves as the...
Hawaii Casino Resistance Immediately Builds After DHHL Floats Idea
Just days after the Department of Hawaiian Homelands (DHHL) floated the idea of a casino in the city of Kapolei, some state politicians are calling the plan a bad idea. Facing a strained cash situation owing to the coronavirus pandemic, DHHL is...
Wynn Executive Says Encore Boston Harbor Isn’t on Selling Block
Refuting rumors the property is being shopped, Encore Boston Harbor President Brian Gullbrants told staffers the gaming venue isn't for sale. The executive made the remarks in a Saturday message to employees, saying that reports of Wynn Resorts selling the Bay State...
Playtika, Profitable Online Gaming Company, Reveals IPO Plans
Mobile gaming company Playtika filed a Form S-1 with the Securities and Exchange Commission (SEC) Friday, bringing it closer to a highly anticipated initial public offering (IPO). In the regulatory document, the Israeli company, which is controlled by a group of Chinese...
NeoGames Soars on Michigan Contract Extension, Analyst Says Overhang Removed
On a rough day for US equity markets, one featuring a slew of mediocre showings from gaming stocks, NeoGames (NASDAQ:NGMS) stood out, surging 12.46 percent on favorable contract news. The Michigan Lottery added four years to a pact with NeoGames in which...
Landcadia Investor Votes Needed to Expedite Golden Nugget Online Merger
Landcadia Holdings II, Inc. (NASDAQ:LCA) may need a "get out the vote" operation. The special purpose acquisition company (SPAC) controlled by Tilman Fertitta and investment bank Jefferies conducted a shareholders meeting today to finalize its merger with Golden Nugget Online Gaming (GNOG)....
Penn National Pumped by BofA, Analyst Sees Triple Digits for Hot Stock
The scintillating run by Penn National Gaming (NASDAQ:PENN) received more fuel today with the help of some bullish commentary from Bank of America (BofA) analyst Shaun Kelley. In a note to clients today, Kelley reiterates a “buy” rating on Penn stock, while...
Skillz Goes Public, Latest Gaming Name Born Out of SPAC Deal
Skillz Inc. (NYSE:SKLZ), a mobile gaming and esports provider, is now a publicly traded entity. It becomes the latest firm to join those ranks following a merger with a special purpose acquisition company (SPAC). In September, San Francisco-based Skillz announced plans to...
Hawaii Could Say Aloha to Kapolei Casino, But Odds Still Long
The Department of Hawaiian Homelands (DHHL) is taking a bold approach to dealing with a cash crunch caused by the coronavirus pandemic: It's proposing a casino in Kapolei on the island of Oahu. DHHL says it needs to raise $6 billion to...
