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Todd Shriber
5786 stories by Todd Shriber
Penn National Tops Q3 Estimates, Barstool Sportsbook Extends Pennsylvania Growth
Shares of Penn National Gaming (NASDAQ:PENN) are trading modestly higher Thursday. The regional casino company delivered third-quarter results that soundly topped Wall Street estimates. The operator of gaming venues under the Argosy and Hollywood brands,...
Twin River Bally’s Transformation Finalizes Nov. 9, Adds FanDuel Sportsbook in Atlantic City
Twin River Worldwide Holdings (NYSE:TRWH) said Wednesday its move to becoming Bally's Corp. will be completed on Nov. 9, and its stock, which will continue trading on the New York Stock Exchange, will take on...
Sands Could Call on Gaming REITs in Possible Disposal of Vegas Assets
One brokerage firm is speculating that Las Vegas Sands (NYSE:LVS) could ultimately partner with a gaming real estate investment trust (REIT) in disposing of its Nevada assets. That means the operator wouldn't end up leaving...
Red Rock Making Margin Moves, Analyst Sees Strength in Vegas Locals Segment
Red Rock Resorts (NASDAQ:RRR) posted better-than-expected third-quarter results. The company said it earned 56 cents a share on revenue of $353.2 million with the help of improving margins and resilience in its key Las Vegas...
Boyd Gaming Earnings Beat, Margins Earn Analyst Praise, But Stock Falters
Boyd Gaming (NYSE:BYD) delivered better-than-expected third-quarter results late Monday, enough to draw applause from some sell-side analysts. But shares of the regional gaming company swooned Tuesday, as investors fret about rising coronavirus case counts across...
Genius Sports Merging with SPAC dMY Technology in $1.5 Billion Deal
Sports betting data provider Genius Sports said today it will merge with special purpose acquisition company (SPAC) dMY Technology Group, Inc. II (NYSE:DMYD). It's a transaction that values the analytics firm at $1.5 billion and...
Leaving Las Vegas: Sands May Do Just That as Rumors Swirl on Fate of Venetian, Palazzo
Shares of Las Vegas Sands (NYSE:LVS) jumped during Monday's after-hours session following a report that the company is mulling a sale of its Sin City operations in a transaction that could fetch up to $6...
Crown Resorts Debt Outlook Lowered to ‘Negative’ as Regulatory Issues Mount
Australian gaming company Crown Resorts is facing increasing regulatory scrutiny stemming from a money-laundering scandal. Credit agencies are taking note, with Fitch Ratings lowering its outlook on the gaming company's issuer default rating (IDR) to...
Caesars Stock Has Ample Post-Election Potential if Voters Cooperate
Voters in several states will mull various gaming-related propositions on Election Day. Few publicly traded operators match Caesars Entertainment's (NASDAQ:CZR) potential for post-electoral equity market moves. Six states -- Colorado, Louisiana, Maryland, Nebraska, South Dakota,...
Monarch Casinos Could Wear Colorado Crown if Table Limits Are Boosted
On Election Day, Colorado voters will consider a ballot referendum that, if approved, will allow casino operators there to offer expanded table games while removing the $100 per bet limit. The moves could benefit an...
