5214 stories by Todd Shriber
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...
Goldman Upgrade Golden for DraftKings Stock, Shares Soar, Helped by Michigan Forecast
DraftKings (NASDAQ:DKNG) stock is one the best-performing equities Tuesday after Goldman Sachs analyst Stephen Grambling upgraded the name. In late trading, shares of the sportsbook operator are higher by about 6.70 percent after Grambling lifted his rating on the stock to “buy”...
Las Vegas Recovery Trends: Devil in Search Details
Gaming companies and investors looking to assess the rebound trajectory of Las Vegas can glean insight from internet search trends. In a note to clients, Macquarie analyst Chad Beynon points out that near-term “looks and books” aren't encouraging due to COVID-19 protocols....
