Areas of Expertise
3916 stories by Todd Shriber
MGM Open to Casino Opportunities in Thailand, UAE, Says CEO Bill Hornbuckle
The United Arab Emirates is a “fascinating” jurisdiction, and Thailand could be a market that MGM Resorts International (NYSE: MGM) eventually pursues, according to CEO Bill Hornbuckle. He made remarks to that effect Thursday at the J.P. Morgan Gaming, Lodging, Restaurant &...
Kansas City Chiefs Could Alter Stadium if Missouri Approves Sports Wagering
Should Missouri finally approve sports wagering, the Kansas City Chiefs could make alterations to accommodate a retail sportsbook at GEHA Field at Arrowhead Stadium. But for now, no such plans are in the works. Last week, the two-time defending Super Bowl champion...
FanDuel Hailed as Catalyst for Flutter Stock
FanDuel is viewed as a primary catalyst for Flutter Entertainment (NYSE: FLUT) stock, which recently debuted on the New York Stock Exchange (NYSE). That’s the opinion of JPMorgan analyst Estelle Weingrod, who in a new report to clients, upgraded shares of the...
Thai Policymakers Inch Closer to Considering Casino Legislation
The possibility that Thailand will eventually be home to casino resorts is inching closer to reality. That's amid speculation that the House of Representatives studying the issue could submit a report to parliament as soon as next week. It’s expected the committee...
DraftKings Could Benefit from AI Productivity Gains
One of the primary selling points of artificial intelligence (AI) at the corporate level is that the disruptive technology can boost productivity, potentially leading to higher profitability. DraftKings (NASDAQ: DKNG) is a prime example of a gaming operator that can benefit from...
Bally’s Should Accept Standard General Takeover, but Probably Won’t, Says Analyst
Bally’s (NYSE: BALY) should accept the $15 per share acquisition bid floated Monday by Standard General, but the regional casino operator is unlikely to do so, according to an analyst. That’s the view of Wells Fargo analyst Daniel Politzer. He commented on...
Boyd Family, Other Insiders Dump Casino Stock
Members of the Boyd family and other high-ranking executives at Boyd Gaming (NYSE: BYD) have recently been selling shares of the casino stock. Since February 20, Boyd insiders, including Chairman Emeritus Bill Boyd -- son of the company’s founder Sam Boyd --...
Bally’s Forms Committee to Mull Standard General Takeover Bid
Bally’s (NYSE: BALY) announced its board of directors has formed a special committee to evaluate the $15 per share takeover offer floated yesterday by Standard General -- the hedge fund that owns about 23% of the casino operator’s shares outstanding. The move...
TruTV Leans Into Sports and Betting in Attempted Refresh
With the NCAA Tournament kicking off later this month, this is the time of year that television viewers are reminded about the relevance of TruTV. The rest of the year, not so much. But parent company Warner Bros. Discovery is looking to...
Las Vegas Casino Consumer Still in Strong Shape, Says Analyst
Visitors keep finding their way to Las Vegas, and that could be beneficial to casino operators’ first-quarter results. Likewise, Macau concessionaires and online gaming firms are positioned to reap the benefits of resilient consumer spending trends. Citing stability among consumers, Macquarie analyst...