5361 stories by Todd Shriber
Caesars, Wynn Offer Perks, Including Sports Betting, for Investors, Say Analysts
Caesars Entertainment (NASDAQ:CZR) and Wynn Resorts (NASDAQ:WYNN) are among the gaming names offering investors stout upside potential. While sports betting is all the rage in the industry these days, analysts see more to the stories with the two operators. Caesars stock is...
Century Casinos Could Be Next Gaming Winner, Analysts Sees Double Potential
Regional gaming company Century Casinos is on a tear from its March lows, surging nearly 466 percent over that span. But at least one analyst believes the stock has much more upside ahead, particularly if a “transformative” acquisition comes to pass over...
BETSPERTS Lands Another Seven-Digit Funding Round, Eyes LinkedIn Status
BETSPERTS, a social media platform focusing on sports betting, said it recently closed its second round of seven-figure venture funding, bringing in several new investors in the process. The Chicago-based company didn't disclose how much it landed in the most recent seeding...
Playtika Inches Closer to US IPO Valuing Company at $10 Billion
Playtika Holding Corp., a provider of mobile games that was once controlled by Caesars Entertainment (NASDAQ:CZR), is moving closer to a US initial public offering (IPO). It filed related documents with the Securities and Exchange Commission (SEC) last week. The gaming company's...
Caesars, MGM Sports Betting Exposure Isn’t Fully Appreciated, Says Analyst
Caesars Entertainment (NASDAQ:CZR) and MGM Resorts International (NYSE:MGM) are increasing exposure to the rapidly growing domestic sports betting industry. But one analyst argues that the financial market doesn't yet fully appreciate the operators' growing footprints in this arena. Through its pursuit of...
Sportradar Earns Junk Credit Rating from Fitch, Outlook Stable
Sports data provider Sportradar landed a long-term issuer default rating of “B” with a “stable” outlook from Fitch Ratings after the privately held company sold $494.36 million in debt. That senior secured loan issue was graded “B+” by Fitch. Both marks are...
Wynn Resorts Equity Has $150 Potential, Says Money Manager
Wynn Resorts (NASDAQ:WYNN) stock more than doubled off its March lows. But it's still in a funk this year, shedding nearly 48 percent as the coronavirus pandemic punishes gaming equities. However, one fund manager sees big things ahead for the Encore operator....
DraftKings Analysts Can’t Help Themselves as Price Targets Move into $70s
Wall Street analysts covering DraftKings (NASDAQ:DKNG) are quite enthusiastic about shares of the sportsbook operator. That ebullience is on display again as a pair reveal nice price forecasts on the name that averages out to $73. Credit Suisse analyst Benjamin Chaiken initiated...
Century Casinos Inks Colorado Sports Betting Agreement With Tipico
Century Casinos continues solidifying its Colorado sports wagering footprint. On Monday, the company said it inked an internet accord with Tipico. Century owns two namesake gaming venues in the Centennial State. The deal with Tipico is the casino operator's third Colorado online...
Caesars Asks Kansas City for Harrah’s Rent Break, Gets Chilly Reception from City Council
Caesars Entertainment is asking the city council of North Kansas City, Mo. for a break on rent for the Harrah's Hotel & Casino there. But local policymakers aren't enthusiastic about the idea. Julie Sola, general manager of the gaming venue, approached the...
