Areas of Expertise
4975 stories by Todd Shriber
Sands Concerned About NY iGaming, Eyes Thailand Casino
Las Vegas Sands (NYSE: LVS) remains interested in bringing a casino hotel to the New York City market, but the operator is aware that iGaming could become a reality in the state, potentially presenting challenges to brick-and-mortar gaming venues. On a Wednesday...
Bally’s Hit with Suit Over Chicago Casino IPO Excluding White Men
Bally’s (NYSE: BALY) was hit with a lawsuit over its plan to sell equity in its planned Chicago casino hotel to essentially anyone but white men. The suit was filed by the Wisconsin Institute for Law & Liberty (WILL) against the City...
Penn Promises to Review HG Vora Demand for Board Seats
Shares of Penn Entertainment (NASDAQ: PENN) gained 1.06% in after-hours trading Wednesday after an investor said it’s readying a proxy fight, and as the gaming firm confirmed it received that shareholder’s demand for board seats. On Wednesday, HG Vora indicated it’s ready...
Super Bowl Will Bring More Bets, Smaller Wagers Says Research Firm
The Super Bowl is the most wagered-on individual sporting event in the US and while the big game drives an increase in the number of bets made, data indicate wager size often declines. A new report by Optimove indicates that the Super...
HG Vora Preps Proxy Fight Against Penn, Nominates Three Directors
HG Vora appears to be taking a proxy fight to Penn Entertainment (NASDAQ: PENN) and has submitted three nominations to the regional casino operator’s board of directors, marking the first time in the asset manager’s history that it’s nominated directors to a...
Star Entertainment Selling Assets as Cerberus Eyes Debt
Embattled Australian casino operator Star Entertainment is selling assets to raise cash as at least one money manager is eyeing purchases of the gaming company’s debt. In a Wednesday filing with the Australian Securities Exchange (ASX), Star announced that it’s selling The...
Century Casinos Stock Story Requires Patience
Following a rough 2024, shares of Century Casinos (NASDAQ: CNTY) are off nearly 7% to start 2025, potentially indicating the stock’s redemption story will require patience from investors. In a note out after the close of US markets on Tuesday, Stifel analyst...
Penn Entertainment Tops All-Index DEI Rankings
Penn Entertainment scored the highest in the soon-to-be-released All-Index report, courtesy of the All-In Diversity Project. The nonprofit organization measures diversity, equity, and inclusion (DEI) efforts across the gaming industry. The index and the related survey serve as avenues to highlight operators’...
DraftKings, NFLPA Agree to Settle NFT Lawsuit
DraftKings (NASDAQ: DKNG) and the NFL Players Association (NFLPA) reached a settlement in a suit brought by the players union relating to the gaming company’s now defunct nonfungible tokens (NFTs) marketplace. In a letter to Judge Analisa Tores of the US District...
Hawaii Pols Try Sports Betting Again, Introduce iGaming Bill
If at first you don’t succeed, try, try again appears to be a message not lost on lawmakers in Hawaii who again introduced a sports betting bill, and this time around, are rolling the dice on iGaming legislation, too. The recently introduced...