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Todd Shriber
5786 stories by Todd Shriber
Flutter US Growth Plans Won’t Hinder Credit Rating
Flutter Entertainment Plc (OTC:PDYPY) made waves in the sports betting universe on Dec. 3, saying it's paying $4.175 billion to Fastball Holdings LLC to purchase 37.2 percent of FanDuel. It's a move that ups the...
California Card Rooms Notch Legal Victory as Ninth Circuit Court Rejects Tribes Injunction Bid
On Thursday, the US Court for the Ninth Circuit ruled that California tribal gaming companies cannot force their card room rivals to cease offering table games, such as blackjack. In an unpublished opinion, District Judge...
Japan Won’t Tax Casino Winnings of Foreign Gamblers, Says Amari
When integrated resorts eventually open in Japan, the country won't tax winnings accrued by foreign gamblers, says Akira Amari, head of the Liberal Democratic Party's (LDP) Research Commission on the Tax System. Amari made the...
Everi Exudes Share Price Excellence on WinStar CashClub Deal, Analyst Lifts Target
Shares of Everi Holdings (NYSE:EVRI) are soaring Thursday. That's after the company said it will provide its CashClub Wallet cashless gaming solution to WinStar World Casino and Resort in Oklahoma, one of the world's largest...
Los Angeles Card Room Closures Putting Communities on Financial Brink
Following another wave of coronavirus cases in Los Angeles, local card rooms shuttered a second time last week, bringing more financial strain to the towns in which those venues operate. On Tuesday, Los Angeles County...
FanDuel, Private Equity Backers Want Scottish Law Used in Suit, But Judge Unsure
FanDuel and private equity shops KKR and Shamrock Capital are asking New York Supreme Court Justice Andrea Masley to apply Scottish law in a suit brought by founders Nigel and Lesley Eccles and Thomas Griffiths....
Caesars Says Bye-Bye to Belle of Baton Rouge, Property Reeg Once Wouldn’t Stay At
Caesars Entertainment (NASDAQ:CZR) continues divesting assets, with the company saying today it's selling the Belle of Baton Rouge riverboat casino to CQ Holding Company, also known by the Casino Queen brand. Financial terms of the...
Caesars, Monarch Price Targets Hiked, Analyst Sees Investors Looking Past Coronavirus Headwinds
Caesars Entertainment (NASDAQ:CZR) and Monarch Casino & Resort (NASDAQ:MCRI) are among the gaming equities favored by Truist Securities analyst Barry Jonas. That's even as regional casinos encounter near-term hurdles because of a recent surge in...
Cubs Owner Ricketts, DraftKings Investor Raine Group Starting SPAC Targeting Sports Deals
Chicago Cubs owner Tom Ricketts and venture capital firm Raine Group are creating a special purpose acquisition company (SPAC) that will focus on transactions across the sports universe, including betting opportunities. In an S-1 filing...
Score Media, Penn Among Potential Winners as Canada Moves Toward Single-Game Betting
On Thursday, Canada's Liberal Party introduced legislation that would end the country's ban on single-game sports wagers. That sparked rallies in some equities with exposure to the country's betting market. Currently, Canadian gamblers can wager...
