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Todd Shriber
5790 stories by Todd Shriber
Goldman Sachs Becomes First Bank to Not Sweet-Talk DraftKings, Starts Coverage With Neutral Rating
Something unusual is happening with DraftKings (NASDAQ:DKNG) stock Tuesday: a Wall Street bank is picking up coverage of the name, but isn't waxing overtly bullish on the daily fantasy sports (DFS) giant. Earlier today, Stephen...
MGM Bolsters Balance Sheet Again, This Time Through $700 Million MGP Stake Sale
Continuing its efforts to firm up its balance sheet, MGM Resorts International (NYSE:MGM) sold $700 million worth of equity in MGM Growth Properties (NYSE: MGP), bringing the Mirage operator's liquidity position to $5.3 billion. Contending...
Hong Kong Working on Electronic Health Certification Aimed at Increasing Travel, Could Aid Macau Rebound
Hong Kong, which serves as a major thoroughfare for gamblers looking to enter Macau, is mulling an electronic health certification program. That would make it more efficient for its citizens to enter Macau and the...
Melco Pilfers Macau Market Share From Rivals in Tumultuous First Quarter
Melco Resorts & Entertainment (NASDAQ:MLCO) won Macau market share from rivals in the first three months of this year. That's despite what was a volatile period for operators in the world's largest gaming hub. Like...
DraftKings Analysts Fawning for Stock, Multiple Price Target Hikes Arrive Today
Still a few days shy of its one-month anniversary as a public company, DraftKings (NASDAQ:DKNG) is in the enviable position of not only enjoying a bullish consensus on Wall Street, but already earning multiple sell-side...
Century Casinos Soars on Poland Reopening News
Shares of Century Casinos (NASDAQ:CNTY) are soaring Monday, making the stock one of the best small-cap performers in the US after the company said its eight gaming properties in Poland are reopening today. Those venues...
Litt, Activist Investor That Pushed for Gaming REIT Merger, Drops GLP Stake
Activist investor Jonathan Litt's Land & Buildings Investment Management (L&B) has sold its stake in Gaming and Leisure Properties, Inc. (NASDAQ:GLPI). That likely marks an end to his push that called for the real estate...
Wynn Reopening Plan Nixes Poker, Features Enhanced Craps Exclusivity in Boston
As Wynn Resorts forges ahead with efforts to reopen its three US gaming properties, poker won't be available at those venues. The operator said it will employ social distancing protocols aimed at preventing a second...
DraftKings Feels Coronavirus Sports Crush in First Earnings Report, Stock Still Soars
Before the open of US markets today, DraftKings delivered its first earnings report as a public company. It treated investors to a wider-than-expected loss and revenue that missed forecasts for the first three months of...
Las Vegas Sands Japan Door Closed, But It’s Ajar for Melco, MGM, Analyst Speculates
Las Vegas Sands (NYSE:LVS) sent shockwaves through the gaming industry Tuesday, saying it has ended its pursuit of a Japanese gaming license. Chairman and CEO Sheldon Adelson cited issues with the policy framework set forth...
