Areas of Expertise
5082 stories by Todd Shriber
Fertitta Eyeing Another SPAC Deal to Bring Golden Nugget, Landry’s Restaurants Public
Tilman Fertitta is reportedly in discussions with Fast Acquisition Corp. (NYSE:FST) on a merger that would provide an avenue for the billionaire to bring his Golden Nugget casinos and Landry's restaurants operations public. Shares of Fast, a special purpose acquisition company (SPAC),...
Penn National Analysts Divided on Fate of Hot Gaming Stock
Broadly speaking, Wall Street analysts are bullish on Penn National Gaming (NASDAQ:PENN). But that view isn't universal, with plenty of sell-side debate on the name emerging today. At least three analysts chimed in on the regional gaming stock on Thursday. Views ranged...
Las Vegas Sands to Continue Prioritizing Asia Following Adelson’s Death, Says Research Firm
Las Vegas Sands (NYSE:LVS) will keep its operational focus honed on the Asia-Pacific region following the death of Chairman Sheldon Adelson, say analysts. The casino mogul passed away Tuesday of complications from non-Hodkinson’s lymphoma. He was 87. Adelson was widely credited with...
Choice Hotels, Penn National Gaming Reveal Loyalty Rewards Reciprocal Agreement
Choice Hotels International and Penn National Gaming are expanding their customer loyalty platforms to broaden appeal to members of both programs. As part of the agreement, members of Choice Privileges can book stays at any of Penn's 41 gaming properties across 19...
NBA Digital Betting Partners Search Could be Meaningful for DraftKings, fuboTV
The NBA is discovering that bettors are more likely to tune into the league's broadcasts and watch for longer stretches of time. One analyst believes that could compel the association to develop telecasts catering directly to gamblers. Oppenheimer analyst Jed Kelly says...
Golden Nugget Online Glitters as Analyst Says ‘Buy’
Golden Nugget Online Gaming (NASDAQ:GNOG) is standing out as one of Wednesday's best-performing gaming equities. That's after a Wall Street analyst touted the company's enviable positioning in the internet casinos and online sports betting markets. In a note to clients today, Benchmark's...
Tropicana Las Vegas Officially for Sale Again, Penn National Expected to Part with Operating Rights
Tropicana Las Vegas is on the market again. The move comes less than 10 months after Penn National Gaming (NASDAQ:PENN) sold the real estate of the famed Strip venue to Gaming & Leisure Properties (NASDAQ:GLPI). Both the venue and Penn's operating rights...
Adelson Family Unlikely to Unload Las Vegas Sands Stock in Bulk Following Sheldon’s Death
Former Las Vegas Sands (NYSE:LVS) Chairman and CEO Sheldon Adelson died today of treatment complications for non-Hodkinson’s lymphoma. News of his death is having a negligible impact on LVS stock. After dropping this morning on the first reports of Adelson's passing, the...
Bally’s Acquisitions, iGaming Moves Make for Catalyst-Rich Story, Says Analyst
Bally's Corp. (NYSE:BALY) morphed from a nearly anonymous regional gaming outfit thanks to an aggressive deal-making last year, making it one of the fastest-growing companies in the space. Wall Street is betting that trend will continue in 2021. In midday trading Tuesday,...
fuboTV, Eyeing Sportsbook Launch, Acquires Vigtory
Shares of online streaming service fuboTV (NYSE:FUBO) are soaring Tuesday after the company said it's purchasing sports wagering firm Vigtory. The move is expected to aid the buyer's effort to launch a web-based sportsbook at some point this year. Terms of the...