5133 stories by Todd Shriber
MGM Stock 2026 Setup ‘Overly Attractive,’ Says Analyst
Stock battered this year on Las Vegas, leverage concerns Analyst praises MGM for New York decision, Ohio casino sale MGM stock risk/reward favors the upside, he says Down 5.21% year to date while the S&P 500 is higher by 14.5%, MGM Resorts...
DraftKings Declares Prediction Markets Entry, Finally Buys Railbird
DraftKings is buying Railbird Exchange Company announces upcoming launch DraftKings Predictions Doesn’t mention sports event contracts Ending several months of speculation, DraftKings (NASDAQ: DKNG) announced today it’s buying Railbird Technologies, the parent company of prediction markets firm Railbird Exchange. The sportsbook operator...
Strip Casino Operators Poised for 2026 Resurgence
Q3 earnings unlikely to be markedly better than Q2 Q4 trending better ahead of what’s likely to be a vibrant 2026 Analyst says 2026 convention bookings could propel a Strip casino stock rebound With just over two months remaining in the year,...
ESPN Bet Termination ‘Increasingly Likely,’ Says Analyst
Penn Entertainment isn't making enough strides in online sports betting Recent ESPN Bet user acquisition may be trending below expectations Penn, ESPN can mutually opt out of their deal in August 2026 Football season is prime time for sportsbook operators to build...
Better Collective Faces Quartet of Long-Term Headwinds, Says Bear Cave
Betting, sports media entity could be pinched by AI Some readers of Better Collective sites decry declining quality of content Company generates revenue through affiliate relationships, advertising Shares of Better Collective, which trades in Stockholm under the ticker “BETCO,” could be pinched...
Rush Street Interactive Stock Rallies as Colombia Concerns Abate
The stock slumped last Friday on fears regarding a Colombian tax plan It rebounded somewhat Monday as confusion waned Rush Street Interactive (NYSE: RSI) is one of Monday’s gaming stock standouts amid a relief rally following a significant pullback last Friday. In...
CME Eyes Sports Contracts, FanDuel Role Unclear for Now
Report suggests CME Group could offer sports event contracts before the end of 2025 FanDuel’s role, if any, isn’t yet known CME Group (NASDAQ: CME), the owner of the Chicago Mercantile Exchange (CME), is reportedly looking to offer sports event contracts by...
Kraken $100M Acquisition Paves Way for Prediction Markets Entry
Cryptocurrency broker is buying Small Exchange from IG Group for $100 million Deal sets stage for Kraken to enter US prediction markets space Cryptocurrency brokerage firm Kraken is buying Small Exchange from IG Group for $100 million, marking the latest example of...
DraftKings, FanDuel Q4 Hold Rates in Focus Ahead of Q3 Earnings
Operators struggling to capture maximum benefits of NFL season If Q4 holds disappointment, 2026 consensus estimates could be lowered, says analyst Quarter-to-date hold in New York is pacing at 8.6%, below the prior three quarters Prediction markets have delivered headline pressure on...
Times Square Casino Hopes Not Entirely Dead, Says SL Green CEO
Times Square casino plan was first in New York rejected by a CAC SL Green CEO says it’s not “completely dead” Caesars Palace Times Square was the first of the New York City casino proposals to be rejected by a community advisory...
