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Todd Shriber
5660 stories by Todd Shriber
Century Closing Poland Casinos for Three Weeks Following Coronavirus Restrictions
Century Casinos (NASDAQ:CNTY) is temporarily shuttering its eight gaming properties in Poland. That's because of new quarantine protocols mandated by the government there to stem the spread of the coronavirus. The shutdowns go into effect...
Caesars, Wynn Resorts Among Barron’s Picks for 2021 Travel Rebound
The travel and leisure industry was bludgeoned by the coronavirus pandemic this year. But some of the related equities are in the midst of multi-month rallies, with gaming stocks leading the way. Some market observers...
DraftKings, Skillz SPAC Founders Planning $1.5 Billion IPO for Spinning Eagle Acquisition
Jeff Sagansky, the Hollywood executive behind two of this year's biggest blank-check deals in the gaming industry, revealed plans for another special purpose acquisition company (SPAC) initial public offering (IPO). In a Form S-1 filing...
Kapolei Casino Proposal Narrowly Wins Hawaiian Homes Commission Approval
An effort by the Department of Hawaiian Home Lands (DHHL) to bring an integrated resort to the city of Kapolei on the island of Oahu scored its first victory Tuesday. It eked out a win...
Bally’s Finalizes Eldorado Shreveport Buy from Caesars, Expands Reach to Seven States
Bally's (NYSE:BALY) put the finishing touches on its $140 million purchase of the Eldorado Resort Casino Shreveport from Caesars Entertainment (NASDAQ:CZR), funding the Louisiana deal with cash on hand and capital from a credit revolver....
Accel Entertainment Slapped with $5 Million Illinois Fine Stemming from DraftKings Deal
The Illinois Gaming Board (IGB) is penalizing video gaming terminal (VGT) distributor Accel Entertainment (NYSE:ACEL) to the tune of $5 million. The penalty relates to an agreement the company inked with DraftKings (NASDAQ:DKNG) in September....
Moody’s Views Casino Gaming Among Strongest Leisure Industries Heading Into 2021
The travel and leisure industry is ready to put 2020 behind it, and Moody's Investors Service sees gaming as one of the segments most likely to firm up next year. Citing reopenings that commenced in...
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...
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...
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...
