4982 stories by Todd Shriber
Churchill Downs ‘Irreplaceable Assets’ Driving EBITDA Growth, Says BofA Analyst
Churchill Downs (NASDAQ:CHDN) is setting up to be one of 2021's more compelling names in the gaming space, according to one analyst. In new coverage of the racetrack operator's stock, Bank of America (BofA) analyst Finn Barrett today rates Churchill a “buy”...
MGM Proposes $11.06 Billion Entain Takeover, But Target Says That’s Not Adequate
MGM Resorts International (NYSE:MGM) is offering $11.06 billion for Entain Plc (OTC:GMVHY). But the British bookmaker says that's not enough. Reports surfaced Sunday that the Mirage operator is seeking to acquire its partner in the BetMGM online casinos and sports betting venture....
MGM Resorts Reportedly Makes Offer for Entain, Aims for Full Control of Sports Betting Business
MGM Resorts International (NYSE:MGM) is reportedly looking to acquire Entain Plc (OTC:GMHY), the UK-based company formerly known as GVC Holdings that's the casino operator's partner in the BetMGM online gaming and sports wagering business. The Wall Street Journal reported the rumor earlier...
Eris Exchange Pitching NFL Futures Contracts, Targeting Sportsbook Hedging Needs
Eris Exchange, LLC (ErisX), the operator of a digital currency exchange and clearinghouse, is asking the Commodity Futures Trading Commission (CFTC) to permit futures contracts tied to NFL games on its bourse. The Chicago-based company sent a letter to the CFTC last...
Las Vegas Near-Term Traffic Trends Could Cement Second Half 2021 Recovery
Amid coronavirus pandemic restrictions, this won't be a typical New Year's Eve in Las Vegas. With cold weather expected over the next couple of months, Sin City's lethargic recovery pace is expected to linger into the first quarter. But one analyst believes...
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...
