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Todd Shriber
5786 stories by Todd Shriber
Las Vegas Sands Entering Dow Jones Sustainability Index, Rare Achievement for any Gaming Company
Las Vegas Sands (NYSE:LVS) stock is accomplishing something that's a rarity in the gaming industry. It's being included in the Dow Jones Sustainability World Index. That's a benchmark where components are evaluated on the basis...
Bally’s Brand Heading to Sinclair Sports Networks, Gaming Company Buying Bet.Works for $125 Million
In another sign of rejuvenation for the Bally's brand, the gaming company will reportedly attach its name to 21 regional sports networks (RSNs) owned by Sinclair Broadcast Group. That marks perhaps the boldest tie-up to...
GAN Buying Coolbet for $175 Million, Adds Online Sportsbook Platform
Gaming technology provider GAN Ltd. (NASDAQ:GAN) is bolstering its business-to-business (B2B) offerings. The company says it will acquire Vincent Group Plc, also known as Coolbet, for $175 million in cash and equity. UK-based GAN said...
DraftKings Jumps as Loop Capital Reveals $100 Target, Highest on Wall Street
DraftKings (NASDAQ:DKNG) is off to a strong start Tuesday. Loop Capital initiated coverage of the daily fantasy sports (DFS) and sportsbook operator with a “buy” rating and $100 price forecast. Since going public in late...
Macau Stocks Rally as Moderna Says COVID-19 Vaccine Has 94.5 Percent Efficacy Rate
Gaming operators with exposure to Macau are among the best-performing industry names Monday. That's after biotechnology company Moderna, Inc. (NASDAQ:MRNA) revealed encouraging late-stage trial results for its coronavirus vaccine. In midday trading, most US-based casino...
DraftKings Sailing Rising Tide, Has Multiple Advantages, Says Needham Analyst
Despite recent struggles, DraftKings (NASDAQ:DKNG) stock remains a Wall Street favorite. That sentiment is on display Monday, as Needham analyst Brad Erickson voiced enthusiasm for the name. In a note to clients, Erickson reiterates a...
Genting Joins Rivals with Japan Jitters
Genting Singapore has long been one of the major gaming companies pursuing an integrated resort license in Japan. But the operator is appearing less devoted to the Land of the Rising Sun than it was...
Wynn Resorts Executives Use Vaccine Rally to Unload Stock
A pair of Wynn Resorts (NASDAQ:WYNN) executives took advantage of a big pop in the stock earlier this week to reduce exposure to their employer's shares. On Monday, gaming equities, with Wynn acting as one...
Red Rock Resorts Rallies as JPMorgan Praises Management, Las Vegas Locals Segment
Red Rock Resorts (NASDAQ:RRR) is one of the today's best-performing gaming stocks, surging more than six percent. That's after JPMorgan analyst Joseph Greff reiterated an “overweight” rating on the parent company of Station Casinos. Joining...
Macau Operators Sport October Improvement, But Recovery Still Lethargic
After months of some of the worst gross gaming revenue (GGR) and visitation numbers on record, Macau gaming companies saw some green shoots in October. GGR declined less than expected and perked up on a...
