5138 stories by Todd Shriber
Full House Stock Could Be Royal Flush for Investors
With a market capitalization of just $186.43 million, Full House Resorts (NASDAQ:FLL) stock is one of the smallest publicly traded domestic gaming equities. A closing handle of $7.14 on Feb. 26 only adds to that diminutive status. But one analyst sees the...
Penn National Gaming Stock Primed for New Highs, According to Technical Indicator
Though it recently pulled back from its record, Penn National Gaming (NASDAQ:PENN) stock remains one of the hottest gaming equities. Some technical analysis indicates the shares can deliver more near-term upside and perhaps notch new highs. Shares of the regional casino operator...
DraftKings Stock Lands Pre-Earnings Endorsement from Gaming Analyst
Ahead of its fourth-quarter earnings report scheduled for Friday morning, DraftKings (NASDAQ:DKNG) stock is following the broader market lower today. But a one-day slide isn't preventing some on Wall Street from waxing bullish on the sportsbook operator. In a note to clients,...
Wynn Investing $3.5 Million in Podcast Network Blue Wire, Studio Coming to Las Vegas Resort
In an effort to bolster its WynnBET unit, Wynn Resorts (NASDAQ:WYNN) is investing $3.5 million in sports podcast provider Blue Wire. The deal includes plans for a podcast studio in the lobby of the famed Wynn Las Vegas integrated resort. The studio...
Score Media Stock Soars in Nasdaq Debut After Boosting IPO Size
Score Media & Gaming (NASDAQ:SCR) stock is surging in its first day on a major US exchange after the company increased the size of its initial public offering (IPO). In midday trading, shares of the Canadian sportsbook operator and sports media firm...
Bally’s Races to New High as Analyst Jonas Forecasts Massive Upside
Bally's Corp. (NYSE:BALY) is on pace for its highest close on record after a sell-side analyst called the gaming company an undervalued play on sports wagering expansion. In a note to clients Wednesday, Truist analyst Barry Jonas reiterated a “buy” rating on...
Soaring Eagle, SPAC Led by Founders of DraftKings, Skillz Blank-Check Firms, Takes Flight
Soaring Eagle Acquisition Corp. (NASDAQ:SRNGU), the seventh blank-check company led by Eagle Equity Partners’ Harry Sloan, Jeff Sagansky, and Eli Baker, began trading today. It's possible the newly-minted firm could pursue a transaction with a gaming entity. The trio of dealmakers have...
Murren Back in SPAC Lab, Files Plans for Acies Acquisition II
Fresh off success with his first special purpose acquisition company (SPAC), former MGM Resorts International Chairman and CEO Jim Murren is lining up a second blank-check firm. A Feb. 23 S-1 filing with the Securities and Exchange Commission (SEC) reveals plans for...
New Texas Legislation Would Grant Sportsbook Licenses to Pro Teams
Texas state Rep. Dan Huberty (R-Houston) is proposing sports betting legislation that would allow the state's professional franchises to act as sportsboook operators. There are other moving parts. Huberty is seeking to put the issue of sports betting before voters in November....
MGM Stock Pops as Analyst Forecasts Benefits from Nevada Capacity Increase
Domestic gaming equities are scuffling Tuesday, but MGM Resorts International (NYSE:MGM) is soaring. That's on the back of an analyst upgrade and upward price target revision. In a note to clients today, Argus analyst John Staszak boosted his rating on MGM stock...
