5174 stories by Todd Shriber
Penn Says Latest Vora Presentation ‘Full of False Claims’
Gaming company issues addendum to fact sheet published two weeks ago Says Vora claims regarding executive compensation aren’t “based on the facts readily available in our public disclosure” In the latest tit-for-tat between HG Vora and Penn Entertainment (NASDAQ: PENN), the casino...
Bally’s Could Have Difficulty Adding More Cash to Star, Says Consulting Firm
Firm warns Bally’s debt, US casino commitments could crimp cash allocated to Star Consultant still supports Bally’s takeover of Australian gaming company Bally’s large debt burden and its commitments to various US casino projects could make it difficult for the company to...
Thai Officials Says up to Seven Operators Willing to Invest $6B on Casinos
Deputy finance minister says five to seven companies in play for casinos there Adds required investments could range from $6 billion to $9 billion Thailand’s casino competition appears to be taking shape with a high-ranking official there saying it’s likely no more...
Kalshi Adds Solana to Roster of Cryptos for Deposits
Prediction market operator said Solana can now be used to fund accounts Solana is the sixth cryptocurrency the company is allowing on its platform Prediction markets operator Kalshi said on Friday that clients can now fund accounts with Solana, making that the...
Long Island Casino Costs Swell to $7.6 Billion
Nearly double previously estimated $4 billion No news yet on Las Vegas Sands replacement If a casino hotel is built on the property currently occupied by Nassau Coliseum in Uniondale, NY, it could cost as much as $7.6 billion, far more than...
Circa Promises $21M in NFL Contest Payouts, Unveils $100K Per Entry Survivor
Circa Sports promises record $21 million for two NFL contests Launches $100,000 per entry survivor game Circa Sports is going big with the 2025 iterations of its famed NFL contests while unveiling an elite survivor game for well-heeled bettors. The new Circa...
Flutter Prices $2.2 Billion in Debt
FanDuel parent will use proceeds to repay funds used for the acquisition of Snaitech, among other purposes Issue denominated in dollars, euros, and pounds Rated ‘BBB’ by Fitch Flutter Entertainment (NYSE: FLUT) priced more than $2.2 billion in debt, which will be...
Codere Online Swiftly Appeals Nasdaq Delisting Notice
Delisting notification was widely expected Stems from delays in auditing 2024 financial results Codere Online Luxembourg (NASDAQ: CDRO) told investors Thursday that it received a delisting notification from the Nasdaq Stock Market, which the gaming company has quickly appealed. The exchange operator...
ESPN Chairman Pitaro Bullish on Relationship with Penn
Comments come as ESPN Bet faces investor scrutiny Says ESPN feels positive about relationship with Penn ESPN Chairman Jimmy Pitaro is constructive on the network’s relationship with Penn Entertainment (NASDAQ: PENN), but acknowledges the ESPN Bet platform needs to gain more market...
IAC Still Loves MGM, But Mulled Other Gaming Deals
Diller’s company owns 23% of MGM shares IAC has mulled other gaming investments, says analyst Barry Diller’s IAC/InterActiveCorp (NASDAQ: IAC) continues viewing its 23% stake in MGM Resorts International (NYSE: MGM) as a “forever asset,” but the conglomerate has mulled other gaming...
