5139 stories by Todd Shriber
DraftKings Joins Ranks of Rookie Super Bowl Advertisers, Budweiser, Coke Sitting Out
Daily fantasy sports (DFS) giant and internet sportsbook operator DraftKings is among a bumper crop of first-time Super Bowl advertisers, while some other familiar brands are sitting out the big game. Teams across the league have marketing deals with sports wagering companies,...
Caesars, DraftKings Anointed Top 2021 Gaming Ideas by Loop Capital
Caesars Entertainment (NASDAQ:CZR) and DraftKings (NASDAQ:DKNG) are two of Loop Capital's preferred picks among gaming equities this year. The research firm is also bullish on VICI Properties (NYSE:VICI), the casino real estate investment trust (REIT) that counts Caesars as its largest client....
Century Casinos in Talks For Poland Gaming Venues Sale, Could Fuel Domestic Acquisitions
Century Casinos (NASDAQ:CNTY) revealed it's in discussions to sell its Poland gaming venues. These properties are currently shuttered in accordance with the government's COVID-19 protocols. The Colorado-based gaming company owns 66.6 percent of an entity known as Casinos Poland Ltd., which runs...
Google Play Store Welcoming Sports Betting Apps, Including Barstool, DraftKings
Google recently updated its developer program policy for the Google Play App Store, paving the way for sports betting applications to be downloaded by Android smartphone users starting March 1. California-based Alphabet, parent company of the world's largest search engine, updated its...
GameStop Sequel? Maybe Not, But fuboTV Has Epic Short Squeeze Potential
Streaming sports provider fuboTV (NYSE:FUBO) could potentially be another battleground for aggressive retail traders following the kerfuffle in GameStop (NYSE:GME) and some other heavily shorted stocks. Names such as GameStop and movie theater chain AMC Entertainment (NYSE:AMC) are epicenters of battles between...
The Athletic, BetMGM Strike Latest Betting/Media Partnership
BetMGM and The Athletic are teaming up in the newest agreement between a sportsbook operator and a media property. The financial terms of the pact weren't disclosed. But BetMGM is becoming the sports outlet's exclusive wagering partner in the US. News of...
Media Deals Could Drive $30 Billion of iGaming, Sports Betting Revenue by 2030
Internet gaming, media, and sports are now joined at the hip. The result of these formerly disparate enterprises joining forces is big business, with one research firm forecasting more than $30 billion worth of iGaming and sports wagering revenue by 2030, all...
Macau Operator EBITDA Could Return to 2019 Levels in Late 2021
It's possible that Macau's gaming industry returns to profitability metrics seen prior to the coronavirus pandemic earlier than expected, according to a Chinese investment bank. In a recent note, China International Capital Corp (CICC) analysts covered the six concessionaires in the world's...
Jim Murren SPAC Acies Acquisition in Talks to Take MGM-Supported Playstudios Public
Blank-check firm Acies Acquisition Corp. (NASDAQ:ACACU) is proving who you know is always important in business. The special purpose acquisition company (SPAC) created last year by former MGM Resorts International (NYSE:MGM) CEO Jim Murren, Dan Fetters, and Edward King is reportedly in...
Robert Goldstein, Purported Online Sports Betting Backer, Replaces Sheldon Adelson at Las Vegas Sands
Las Vegas Sands (NYSE:LVS) has removed “acting” from Robert Goldstein's titles as chairman and chief executive officer. It makes the longtime executive the company's first permanent leader following the death of Sheldon Adelson earlier this month. Goldstein, 64, took the reins as...
