Areas of Expertise
4982 stories by Todd Shriber
Lakeside Inn and Casino in Nevada Auctioning Slots, Gaming Tables
Locals and gaming memorabilia enthusiasts may find some treasure at an upcoming auction featuring assets of the Lakeside Inn and Casino in Stateline, Nev. The 35-year-old casino, located just a mile over the California border, was a beloved destination for locals despite...
Full House Comes Up Aces on Q4 Results Reveal, Colorado Expansion Plans
On what's shaping to be a mostly bleak day for gaming equities, Full House Resorts (NASDAQ:FLL) is one of the positive standouts. That's after delivering a strong preliminary look at its fourth-quarter results. The regional gaming company forecast revenue of $37.8 million...
Bally’s Continues Acquisition Spree, Buys Fantasy Sports Provider Monkey Knife Fight
Bally's Corp. (NYSE:BALY) is extending its acquisitive ways, saying Monday it's buying daily fantasy sports (DFS) company Monkey Knife Fight (MKF). The transaction makes the gaming company the third operator to feature both DFS and sportsbook businesses under one umbrella, joining rivals...
Einhorn Bullish on fuboTV as Sports Fandom, Betting Become Interactive
Streaming service provider fuboTV (NYSE:FUBO) has the support of one of Wall Street's biggest names, a revelation that explains the stock's rally late last week. On news that David Einhorn’s Greenlight Capital was an early investor in the company and maintains a...
Boyd Gaming Near-Term Outlook Rough, But Long View Is Bright, Says Analyst
Boyd Gaming (NYSE:BYD), one of the dominant operators in downtown Las Vegas, could be challenged over the near-term because of the lingering coronavirus pandemic. But its long-term outlook is compelling. Those are the sentiments of Stifel analyst Steven Wieczynski, who, in a...
Caesars Stock Is Catalyst-Rich Story Bound to Hit Triple Digits, Says Analyst
Caesars Entertainment (NASDAQ:CZR) is higher by more than eight percent to start 2021 and 111 percent over the past six months. Citing an array of catalysts, one analyst says there's more upside where that came from for the Harrah's operator. In a...
Texas State Rep. Dutton Introduces Mobile-Only Sports Betting Bill, 6.25 Percent Tax Rate
Rep. Harold Dutton Jr. (D-Houston) recently introduced mobile-only sports wagering legislation in the Texas state House. The proposal limits the number of permits issued to five and features a favorable tax rate of 6.25 percent. Dutton is one of the longest-serving members...
Ader SPAC 26 Capital Upsizes IPO in Big Way, Prowls for Gaming Acquisitions
Jason Ader's special purpose acquisition company (SPAC) 26 Capital Acquisition Corp. (NASDAQ:ADERU) recently went public, boosting the size of its offering in a significant fashion. The Miami-based blank-check company initially planned to raise $200 million, selling 20 million units at $10 apiece....
BetMGM Winning Market Share, Analyst Bullish on Parent Company
Entain Plc (OTC:GMVHY) released its fourth-quarter trading update earlier today and there's good news for MGM Resorts International (NYSE:MGM). That's because the read-through on the data is that the companies' BetMGM unit is thriving. The UK-based firm tells investors that BetMGM's online...
Genius Sports SPAC Surges on Bullish Revenue Forecast, Fresh Analyst Coverage
Shares of dMY Technology Group, Inc. II (NYSE:DMYD) are soaring Wednesday after Genius Sports -- the special purpose acquisition company's merger partner -- issued an enthusiastic revenue forecast. Helping the cause is new analyst coverage of the sports betting data provider and...