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Todd Shriber
5639 stories by Todd Shriber
J&J Gaming Boosts Midwest Footprint in Midwest Amusements Deal
Distributed gaming operator makes big addition in its home region Midwest Amusements has more than 420 gaming devices across three states Distributed gaming company J&J Gaming said Thursday that it's acquiring Midwest Amusements LLC --...
Caesars Stock Trades at Historically Low Valuation, Says Analyst
The downtrodden stock is showing signs of life Analyst says lower-end Las Vegas leisure trends are stabilizing Interest rate cuts could boost the shares Following a dismal showing in 2025, Caesars Entertainment (NASDAQ: CZR) stock...
Interactive Brokers Sees 2026 Elections Boosting Prediction Markets
Brokerage house runs the popular ForecastEx prediction market. Company sees another boom sparked by 2026 midterm elections. Interactive Brokers (NASDAQ: IBKR), the company behind the ForecastEx prediction market, believes 2026 midterm elections will drive increased...
Prediction Markets Have Sports Pricing Problems
A new report suggests prediction markets aren’t offering bettors improved prospects relative to what they get at standard sportsbooks Bettors’ effective costs are higher on most prediction markets Point was widely discussed over the course...
Playtika to Cut Staff by 15%, Incur Charges up to $15 Million
Mobile gaming company says it will slash staff by 15% Expects to reinvest cost savings in growth initiatives Shares of Playtika (NASDAQ: PLTK) traded lower early Wednesday after the mobile gaming company said it will...
Two Former Congressmen Join Prediction Markets Lobbying Group
Democrat Patrick Maloney joining as president and CEO Republican Patrick McHenry on board as a senior advisor The Coalition for Prediction Markets (CPM), the newly formed lobbying group for that budding industry, said Tuesday that...
AGA, IGA Press Congress on Prediction Markets Sports Bets
Gaming trade groups say sports event contracts are “indistinguishable” from legal sports betting They say the prediction markets industry is exploiting inaction by the CFTC The American Gaming Association (AGA) and the Indian Gaming Association...
MGM Stock Downgraded on Lingering Las Vegas Casino Issues
Stock downgraded as analyst sees weak leisure demand trumping strong group calendar Analyst expects Strip EBITDAR to decline this year Says MGM needs to improve customer value proposition Shares of MGM Resorts International (NYSE: MGM)...
Churchill Downs Unveils $180M-$200M Refresh of New Hampshire Casino
The venue will be renamed Rockingham Grand Casino. It currently operates as Casino Salem in Salem, NH. Company could spend up to $200 million on the project. Churchill Downs said today it will spend up...
Banijay Sells 54% Interest in Germany’s bet-at-home
The company said its Betclic unit divested all of its 53.9% stake in bet-at-home The buyer wasn’t disclosed A pair of executives are leaving the company French entertainment conglomerate Banijay Group announced earlier this month...
