4982 stories by Todd Shriber
Caesars May Rename Bally’s Las Vegas with Horseshoe Brand
Caesars Entertainment is rumored to be considering renaming its Bally's Las Vegas property as the Horseshoe, another of the operator's well-known brands. The rumor was initially reported Wednesday by Vital Vegas, which indicates the venue could eventually be known as Horseshoe Las...
ErisX Halts Plan to List NFL Futures Contracts
Eris Exchange, LLC (ErisX) is temporarily icing an effort to list futures contracts tied to NFL games. The Chicago-based operator of a digital currency exchange and clearinghouse announced the withdrawal of its plan on Tuesday. There was chatter that the Commodities Futures...
Skillz Stock Falters Despite Bullish Revenue Guidance
Skillz (NYSE:SKLZ) is continuing its tale of woe. The stock was trading lower Thursday even after the company issued a first-quarter revenue forecast that beats Wall Street estimates. Shares of the mobile games developer are off 2.32 percent in midday trading. That...
Bally’s $2.7 Billion Gamesys Deal Confirmed, Analysts Laud Acquisition
Bally's Corp. (NYSE:BALY) and Gamesys (OTC:JKTPF) are confirming a $2.7 billion takeover by the casino operator of the British online gaming firm. It marks one of the buyer's largest acquisitions to date. In a regulatory filing with the Securities and Exchange Commission...
Full House Announces Stock Offering, Proceeds Could Be Directed to Regional Casinos
Regional gaming operator Full House Resorts (NASDAQ:FLL) said Wednesday it's selling common equity. The company didn't disclose the amount of stock it's selling -- a rarity among firms using this method of capital raising. Investors' reaction to the news was typical, as...
Sports Betting Stocks Retreat, But Analysts Say Catalysts Remain
Sports wagering equities, including DraftKings (NASDAQ:DKNG), Flutter Entertainment (OTC:PDYPY), and Penn National Gaming (NASDAQ:PENN), are faltering Wednesday. Analysts don't expect that scenario to last for long. Shares of FanDuel parent Flutter and DraftKings are off an average of two percent today, while...
GeoComply Enters Unicorn Territory with Atairos, Blackstone Investments
GeoComply Solutions, the provider of geolocation services to gaming operators, is in rarefied air among privately held emerging growth companies. Following the first influx of institutional capital into the Canadian cybersecurity firm, the company is valued at north of $1 billion. That...
Bally’s Reveals Offer for Gamesys, Extends Acquisition Binge
Shares of Bally's Corp. (NYSE:BALY) are soaring Wednesday after the company said it reached an agreement in principle to acquire online gaming operator Gamesys (OTC:JKTPF). News of the deal was revealed in an 8-K filing with the Securities and Exchange Commission (SEC)....
Rush Street Interactive Becomes Wall Street Fave, Analyst Sees Second-Half Revenue Surge
Rush Street Interactive (NYSE:RSI) is not even three months removed from becoming a publicly traded company. But it's quickly becoming a hit among some Wall Street analysts. Shares of the online casino and sportsbook operator are slumping -- down seven percent over...
Sportradar Buying Synergy Sports, Company Backed by Rumored SPAC Suitor Boehly
Sportradar is acquiring sports data and video analytics provider Synergy Sports for an undisclosed sum, according to the two companies. Sports betting data provider Sportradar is using the purchase of Synergy to complement its roster of agreements with professional sports leagues. The...
