5082 stories by Todd Shriber
Century Casinos Stock Soaring, But Still Cheap, Says Analyst
Century Casinos (NASDAQ:CNTY) stock is up a scintillating 78 percent year-to-date and 39.47 percent over the past month. But it's not expensive. That's the view of Union Gaming analyst John DeCree, who reiterates a “buy” rating and $15 price target on the...
MGM, Wynn Resorts Hunting for Big-Time Development Opportunities, Says Moody’s
MGM Resorts International (NYSE:MGM) and Wynn Resorts (NASDAQ:WYNN) will mull new, large-scale development opportunities around the world. That could result in the operators taking on significant debt, according to Moody's Investors Service. The research firm made the comments as part of fresh...
Esports Technologies Eyeing IPO up to $10 Million, Could Debut Next Week
Las Vegas-based Esports Technologies is planning an initial public offering (IPO) in which it could raise up to $10 million. The company could list on the Nasdaq Stock Market as soon as next week. In an S-1 filing with the Securities and...
Fox Claims to Have Contract with Flutter for Fastball Price on FanDuel Investment
Things between Flutter Entertainment (OTC:PDYPY) and Fox Corp. (NASDAQ:FOXA) are getting testy. The former eyes a spin-off of the FanDuel business, and the latter seeks a position in the online sportsbook operator on favorable terms. A source familiar with the matter told...
DraftKings Primed for Dominant New York Perch, Say Analysts
New York Gov. Andrew Cuomo (D) and state policymakers reached a compromise Tuesday to bring mobile sports wagering to the state. Analysts are now speculating about probable winners under the state's framework, with some familiar names popping up, including DraftKings (NASDAQ:DKNG). As...
Fox, Flutter Fracas as Broadcaster Sues Over Price of FanDuel Stake
Fox Corp. (NASDAQ:FOXA) is reportedly suing Flutter Entertainment (OTC:PDYPY) over the price the Irish gaming company wants the media company to pay to acquire an 18.6 percent stake in online sportsbook operator FanDuel. It's long been known that the broadcasting giant plans...
MGM Still Lone Wolf in Osaka Integrated Resort Bidding Process
Last month, the Osaka Prefecture government announced that April 6 is the deadline for companies to submit request-for-proposal (RFP) to potentially bid on an integrated resort in Japan's third-largest city. That deadline came and went with MGM Resorts International and partner Orix...
Golden Nugget Online Stock Soars as Analyst Sees Double Potential
Golden Nugget Online Gaming (NASDAQ:GNOG) stock is soaring Tuesday after a Wall Street analyst said the shares could double. In midday trading, the online casino operator is higher by 13.70 percent -- easily enough to make it one of the best-performing gaming...
Wynn Resorts Stock Catches Upgrade as Research Firm Sees Casino Recovery Taking Hold
Wynn Resorts (NASDAQ:WYNN) stock is primed to benefit as domestic travel rebounds and visitation trends in Macau perk up, according to Argus Research. In a note to clients today, analyst John Staszak lifts the Encore operator to “buy” from “hold,” while placing...
DraftKings Adds to Acquisition Run with Blue Ribbon Software Purchase
DraftKings (NASDAQ:DKNG) is adding to its technology offerings, announcing today that it's acquiring Blue Ribbon Software. Tel Aviv-based Blue Ribbon is a provider of global jackpot and gamification services for use with jackpot promotions. Terms of the deal weren't disclosed. Founded in...
