5402 stories by Todd Shriber
Eldorado Resorts Top Pick for Sport Betting Mania, According to Analyst
Due in large part to DraftKings' (NASDAQ:DKNG) stellar debut as a public company, investors have sports betting fever. But one analyst is saying Eldorado Resorts (NASDAQ:ERI) is the best way to play the US sports wagering boom. DraftKings and Penn National Gaming...
Marina Bay Sands Facing Justice Department Money Laundering Inquiry
The US Department of Justice (DoJ) is reportedly examining anti-money laundering violations at the Marina Bay Sands (MBS) in Singapore. The probe centers around how management at the famed integrated resorts handled accounts of VIP gamblers. Marina Bay Sands Pte Ltd., a...
Eldorado Stock Approaches Highest Levels Since Early March as Nevada Properties Reopen
Eldorado Resorts (NASDAQ:ERI) is setting a blistering pace Thursday, acting as one of the leaders in a broader gaming industry rally. It is trading higher by more than eight percent at this writing on news that its five Nevada casinos are again...
DraftKings Links up With Michigan Tribe, Gets Online Betting Access in Eighth State
Following a two-day pullback, DraftKings (NASDAQ:DKNG) stock found some support Thursday on news the sportsbook operator won approval for online betting in Michigan. The company is partnering with Bay Mills Resort & Casino, a tribal gaming venue, to bring the DraftKings mobile...
Roundhill Investments Breaks New Ground With First Dedicated iGaming, Sports Betting Fund
In the gaming industry, the new frontiers of growth are iGaming and sports wagering. Analysts and investors know this. Among fund issuers, Roundhill Investments is hip to these trends. Today, the issuer is launching the first exchange-traded fund (ETF) focusing on those...
Playtika Eyes $1 Billion US IPO Four Years After Caesars Sale
Playtika,the mobile gaming company controlled by Chinese investors, is reportedly considering a $1 billion initial public offering (IPO) in the US, which would value the firm at $10 billion. Playtika is based in Israel and was founded in 2010. A year later,...
Boyd Gaming Backed by Analyst Ahead of Nevada Reopening
Boyd Gaming (NYSE:BYD) drew some praise from a sell-side analyst today ahead of the June 4 reopening of Nevada casinos. In a note to clients Tuesday, Nomura Instinet analyst Harry Curtis reiterated a “buy” rating on the Orleans operator, while boosting his...
DraftKings Stock Is Scorching Hot, Beloved by Younger Investors
DraftKings (NASDAQ:DKNG) is popular among the younger demographics, including millennials and Generation Z, that are so coveted by gaming companies. Investors in those age groups appear fond of DraftKings stock, too. The name has more than doubled since its April 24 initial...
Score Media Doesn’t Know Why Stock Soared. Hint: It’s Sports Betting Fever
Score Media and Gaming Inc. (OTC:TSCRF), a Canadian sports betting and media company, isn't quite sure why it's stock soared Monday. But regulators in the Great White North nonetheless wanted an explanation. In the US. Score stock trades on the pink sheets,...
California Sports Betting Gains Momentum as State Scrambles for Cash, Estimates Swell
Staring down a budget deficit of $54 billion that policymakers claim was forced by the coronavirus, California is scrambling for ways to raise revenue, breathing new life into efforts to legitimize sports betting there in the process. Last week, Sen. Bill Dodd...
