Areas of Expertise
5316 stories by Todd Shriber
Rush Street Interactive Lands Price Target Hike on First Day of Trading
Rush Street Interactive (NYSE:RSI) launched as a public company Wednesday and quickly garnered some analyst adulation. That came following its merger with special purpose acquisition company (SPAC) dMY Technology Group Inc. Benchmark analyst Mike Hickey, who was covering the online gaming operator...
GAN Stock Among Hedge Fund Manager Niles Top 5 Picks for 2021
Recently resurgent GAN Ltd. (NASDAQ:GAN) is getting more fuel for its rebound, as a well-known hedge fund manager named the gaming technology provider as one of his top five ideas for 2021. Dan Niles, a founding partner at AlphaOne Capital Partners, is...
William Hill Mobile App Debuts in Washington, Can’t Be Used in Fed Buildings
William Hill's mobile betting application is live in the nation's capitol. But it doesn't offer much of the convenience gamblers associate with placing bets via smartphones. DC Lottery approved the William Hill app this month and the British bookmaker announced the launch...
Rush Street Interactive Debuts on New York Stock Exchange Following SPAC Deal
Rush Street Interactive (NYSE:RSI) is officially a public company. It launched on the New York Stock Exchange today after its merger with special purpose acquisition company (SPAC) dMY Technology Group Inc. wrapped up Tuesday. Blank-check firm dMY Technology Group raised $230 million...
Hawaii Governor Ige Quickly Objects to Kapolei Casino Plan
Hawaii Gov. David Ige (D) is already speaking out against a proposed casino in Kapolei, the second-largest city on the island of Oahu. Though not surprising, the governor's opposition to the idea comes just days after the Hawaiian Homes Commission (HHC) narrowly...
Golden Nugget Online To Make Nasdaq Debut After Landcadia Holders Approve Merger
Tilman Fertitta's Golden Nugget Online Gaming will make its debut as a standalone publicly traded entity on Wednesday, Dec. 30, launching on the Nasdaq under the ticker “GNOG.” That's after Landcadia Holdings II, Inc. (NASDAQ:LCA) investors voted to approve a merger between...
Florida Lawmaker Brandes Reintroduces Sports Betting Bills, Eyes 2021 Legalization
State Sen. Jeff Brandes (R-FL) introduced a package of sports betting legislation on Monday, marking his second such attempt on the matter in just over a year. Brandes pre-filed three bills -- Senate Bill 392 (SB 392), SB 394 and SB 396...
Caesars Wins US Antitrust Approval for William Hill Takeover, Eyes March Completion
Caesars Entertainment (NASDAQ:CZR) said Monday it cleared the antitrust waiting period for its proposed $3.69 billion acquisition of William Hill (OTC:WIMHY), putting it one step closer to creating a US sports betting behemoth. Under the Hart-Scott-Rodino Antitrust Improvements Act (HSR Act), there...
Caesars Moves Toward Monetizing Brand, Rewards Program in Southern Indiana Sale
Last week, Caesars Entertainment (NASDAQ:CZR) said it's selling Caesars Southern Indiana to the Eastern Band of Cherokee Indians (EBCI) for $250 million. It's a move that sets the stage for the operator to derive added financial benefit from its most iconic brand...
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 today at 11:59 p.m local time and...