5214 stories by Todd Shriber
GAN Pummeled as FanDuel Sportsbooks Wave Goodbye
Gaming technology provider GAN Ltd. (NASDAQ:GAN) was bludgeoned in Thursday's after-hours session, tumbling nearly 14 percent after the company said FanDuel sportsbooks will no longer be clients after Aug. 31. The announcement was made in concert with the UK-based company's second-quarter results....
Esports Entertainment Group Launches Higher on Twin River New Jersey Deal
Esports Entertainment Group, Inc. (NASDAQ:GMBL), a tiny online gaming and sports betting company vaulted higher Thursday after it entered into a multi-year agreement with Twin River Worldwide Holdings (NYSE:TRWH) to be that operator's sports wagering partner in New Jersey. Up more than...
IAC Chairman Barry Diller, CEO Joey Levin Join MGM Board of Directors
IAC/InterActiveCorp (NASDAQ:IAC) Chairman Barry Diller and CEO Joey Levin are taking two seats on the MGM board of directors, expanding that lineup from 12 to 14. The appointment stems from a $1 billion investment in MGM Resorts International (NYSE:MGM) announced on Aug....
GAN Reveals Penn Interactive as New Client, Stock Soars Again
GAN Ltd. (NASDAQ:GAN), the maker of cloud computing software for the gaming industry, is soaring again Thursday after the British company said Penn National Gaming's (NASDAQ:PENN) Penn Interactive unit is a new client. Penn's mychoice social casino app will be powered by...
Burry, Inspiration for ‘Big Short’, Adds to Wynn Resorts Investment
Scion Asset Management, the hedge fund run by Michael Burry, added to its investment in Wynn Resorts (NASDAQ:WYNN) during the second quarter. The investment vehicle, which had $315.2 million in assets under management as of June 30, revealed a significantly larger stake...
IGT Gets Boyd Bounce on Enhanced Sportsbook Deal with Gaming Company
International Game Technology (NYSE:IGT) rallied in Wednesday's after-hours trading session on news of an expanded sportsbook relationship with Boyd Gaming (NYSE:BYD). Shares of the UK-based gaming technology company were up more than four percent at one point during the after-market session before...
Penn National Stock Drops with Portnoy COVID-19 Speculation
Penn National Stock shares slid Wednesday after BarStool's David Portnoy posted a video speculating that he might have coronavirus, underscoring just how intimately correlated the fortunes of Penn National Gaming (NASDAQ:PENN) stock is to the success of the company's relationship with Barstool...
Wynn Macau Says WeChat Ban Could Have Adverse Impact, Trims Daily Operating Costs to $2 Million
In a filing with the Hong Kong Stock Exchange, Wynn Macau tells investors increasing geopolitical tensions between the US and China, including the Trump Administration's recent ban of the popular Chinese messaging app WeChat, could hamper the gaming company's business. The operator...
Penn National Going Gangbusters as Another Analyst Waxes Bullish
In what's been recently been a regular occurrence, Penn National Gaming (NASDAQ:PENN) is soaring Tuesday with the help of bullish commentary from a sell-side analyst. Today, Truist analyst Barry Jonas is stepping up in support of the regional gaming operator. He is...
William Hill Should Be Viewed as Growth Stock, Says Jefferies Analyst
William Hill (OTC:WIMHY) is trading higher by more than 10 percent Tuesday after Jefferies analyst James Wheatcroft lifted his price target on the British bookmaker's London-listed shares to 330 pence from 305 pence. The price is more than double where the stock...
