5316 stories by Todd Shriber
Caesars, DraftKings Reach Landmark Deals With ESPN, Sportsbook Ads to Run on App, Website
Caesars Entertainment (NASDAQ:CZR) and DraftKings (NASDAQ:DKNG) each announced separate multi-year agreements with ESPN, providing for deep integration across the sports network's digital platforms. Under the terms of the pacts, the two gaming companies will be able to run advertising on ESPN.com, the...
Louisiana Wins Unveiling Pro-Sports Betting Push During Saints Game
Louisiana Wins, an advocacy group supporting the legalization of sports wagering in the Pelican State, will run a commercial during Sunday's New Orleans Saints/Tampa Bay Buccaneers game urging voters to get behind sports betting. In June, Gov. John Bel Edwards (D-LA) signed...
Massachusetts University Leaders Tell State to Ban College Betting
Sports wagering isn't yet legal in Massachusetts. But in anticipation of that changing, presidents and athletic directors of eight universities in the state are pushing policymakers to ban betting on college athletics. In a letter to House Speaker Robert DeLeo, several university...
VICI Properties Lifts Dividend 11 Percent, Third Straight Hike Since Inception
VICI Properties (NYSE:VICI) said Thursday it's boosting its annual dividend 10.9 percent to $1.32 a share. VICI is the owner of Caesars Palace Las Vegas and a variety of other well-known domestic gaming properties. The new payout, which works out to 33...
Yokohama Mayor Open to Discussions with New Gaming Companies
Yokohama Mayor Fumiko Hayashi said she's willing to entertain conversations with gaming companies that previously haven't expressed interest in the city in an effort to hear out new approaches. Japan's ambitions to become a major integrated resort hub were dealt a blow...
Penn National Extends Torrid Pace, Analyst Tags it with Street High $80 Target
Penn National Gaming (NASDAQ:PENN) is extending its winning ways Thursday, trading higher by more than nine percent. That's after Rosenblatt Securities analyst Bernie McTernan commenced coverage of the stock with a “buy” rating and an $80 price forecast. The analyst's $80 estimate...
Everi Cruises Higher as Analyst Highlights Cashless Gaming Opportunity
Shares of Everi Holdings (NYSE:EVRI) are higher by more than seven percent in late trading after BTIG analyst Mark Palmer started coverage of the gaming device maker. He noted the company is well-positioned to capitalize on casinos' shift to cashless gaming. Palmer...
Jim Murren, ex-MGM Boss, Could Be Next Big Name in Scorching SPAC Space
Former MGM Resorts International (NYSE:MGM) CEO Jim Murren is reportedly considering launching a special purpose acquisition company (SPAC) with a pair of ex-investment bankers, leveraging his experience in the gaming industry. Murren left the helm of the Bellagio operator in March to...
DraftKings Jumps on More Analyst Chatter, Accel Illinois Deal
DraftKings (NASDAQ:DKNG) stock is soaring for a second consecutive day Wednesday, after another analyst endorsed the name and on news of a gaming machine deal with Accel Entertainment (NYSE:ACEL) in Illinois. Sell-side commentary on the sportsbook operator is brisk to start this...
Station Casinos Parting With 97 Reno Acres, Including Site of Unrealized Casino
Station Casinos is reportedly selling 97 acres worth of land in Reno, Nev., including an eight-acre parcel that was an on-again, off-again proposed casino site. The gaming company, which is controlled by Red Rock Resorts (NASDAQ:RRR), listed the pair of sites for...
