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Todd Shriber
5658 stories by Todd Shriber
Roundhill Investments Breaks New Ground With First Dedicated iGaming, Sports Betting Fund
In the gaming industry, the new frontiers of growth are iGaming and sports wagering. Analysts and investors know this. Among fund issuers, Roundhill Investments is hip to these trends. Today, the issuer is launching the...
Playtika Eyes $1 Billion US IPO Four Years After Caesars Sale
Playtika,the mobile gaming company controlled by Chinese investors, is reportedly considering a $1 billion initial public offering (IPO) in the US, which would value the firm at $10 billion. Playtika is based in Israel and...
Boyd Gaming Backed by Analyst Ahead of Nevada Reopening
Boyd Gaming (NYSE:BYD) drew some praise from a sell-side analyst today ahead of the June 4 reopening of Nevada casinos. In a note to clients Tuesday, Nomura Instinet analyst Harry Curtis reiterated a “buy” rating...
DraftKings Stock Is Scorching Hot, Beloved by Younger Investors
DraftKings (NASDAQ:DKNG) is popular among the younger demographics, including millennials and Generation Z, that are so coveted by gaming companies. Investors in those age groups appear fond of DraftKings stock, too. The name has more...
Score Media Doesn’t Know Why Stock Soared. Hint: It’s Sports Betting Fever
Score Media and Gaming Inc. (OTC:TSCRF), a Canadian sports betting and media company, isn't quite sure why it's stock soared Monday. But regulators in the Great White North nonetheless wanted an explanation. In the US....
California Sports Betting Gains Momentum as State Scrambles for Cash, Estimates Swell
Staring down a budget deficit of $54 billion that policymakers claim was forced by the coronavirus, California is scrambling for ways to raise revenue, breathing new life into efforts to legitimize sports betting there in...
Genting Berhad Hit With Lower Credit Rating as S&P Forecasts Slow Business, Rising Leverage
Standard & Poor's (S&P) has trimmed its credit rating on Asian gaming giant Genting Berhad, saying business will remain slow in some of the operator's crucial markets following the coronavirus pandemic. The service also said...
Macau Experiences May Showers as Gross Gaming Revenue Plunges 93 Percent
May was another brutal month for Macau, as gross gaming revenue (GGR) in the world's largest casino center plunged 93.2 percent. Strict travel controls continue to hamper the Special Administrative Region's (SAR) recovery efforts. Earlier...
Louisiana Voters Likely Getting Sports Wagering Say This Year, No Bets Until at Least 2021
Louisiana voters are likely getting the opportunity to decide the fate of sports betting, with the issue scheduled to appear on November ballots. But it will be 2021 at the earliest before legitimate wagers are...
Penn National Scores Price Target Hike, Analyst Gushes Over Barstool, iGaming
On a mostly lethargic day for gaming equities, shares of Penn National Gaming (NASDAQ:PENN) are standing out, thanks to a sell-side analyst boosting his price target on the stock in dramatic fashion, citing catalysts including...
