5081 stories by Todd Shriber
Portnoy Hoped Trump Would Deliver Stock Market ‘Victory’
Comments came after he claimed to have lost $20 million . He remains a fan of the president. Barstool Sports founder David Portnoy’s pre-market wish was granted today when President Trump delivered the “victory” the brash sports bettor and avid trader was...
Protect the High Line Pushes Bottcher to Oppose Wynn Casino
Group wants councilmember to oppose zoning changes. City Planning Commission has advanced those alterations. With the City Planning Commission (CPC) advancing to the New York City Council an application by Related Cos. to rezone Western Rail Yards -- a plan that includes...
Fertitta Boosts Wynn Stake as Stock Struggles Amid Tariff Turmoil
Fertitta recently added to Wynn position, taking stake to about 13%. Buys came ahead of Wednesday rally. In what now appears to be a series of series of exceptionally well-timed purchases, Tilman Fertitta added to his stake in Wynn Resorts (NASDAQ: WYNN),...
Sphere Pitches Nevada Incorporation, Eyeing Delaware Departure
Sphere Entertainment wants investors to vote on Nevada incorporation List of companies leaving Delaware increasing Sphere Entertainment’s (NYSE: SPHR) marquee venue is located in Las Vegas and its corporate headquarters are in New York, but as is the case with so many...
Kalshi CEO Leans on Federal Regulation, Ready for State Fights
Kalshi CEO reiterates that company is regulated at the federal level. Cites federal preemption as supporting factor in company’s state-level battles. Prediction markets operator Kalshi is facing state-level action across the country, including several cease-and-desist letters, but co-founder and CEO Tarek Mansour...
Flutter, IGT ‘Best in Class’ Gaming Stocks Amid Tariff Unrest
Flutter, IGT could be resilient if a recession materializes, says Stifel. Duo could outperform other gaming stocks as tariff uncertainty lingers. Gaming stocks have been walloped by the US applying tariffs to various trading partners -- a move that’s heightened the risks...
Bally’s Star Deal Risky, More Capital May Be Needed, Says CBRE
Bally’s is shelling out nearly $150 million to save the Aussie casino operator Analysts say the transaction is fraught with risks for the buyer News emerged late Sunday that Bally’s (NYSE: BALY.T) is partnering with Australian businessman Bruce Mathieson to essentially save...
DraftKings Q1 Profits Could Be Damped by March Madness
Strong runs by favorites could weigh on operator earnings. NCAA tournaments could offset Super Bowl momentum. Favorites taking care of business in the NCAA men’s and women’s basketball tournament could be a drag on sportsbook operators’, including DraftKings (NASDAQ: DKNG), first-quarter earnings....
Macau Casino Stocks Face Elevated Risk Amid US/China Trade Spat
Macau casino stocks slumps as global stocks tumble US/China trade war seen weighing on gaming equities A fresh US/China war featuring reciprocal and retaliatory tariffs is plaguing Macau casino stocks, elevating risk in the already lagging group. Last week, shares of Las...
No Liberation for Gaming Supplier Stocks as Tariffs Take Hold
Gaming supplier stocks confront specter of reciprocal tariffs Light & Wonder viewed as among most vulnerable, according to Stifel Gaming equities were savagely repudiated last week as investors digested “Liberation Day” -- President Trump’s plan to implement tariffs against a plethora of...
