5402 stories by Todd Shriber
Former Analyst Santarelli Joining Gaming and Leisure Properties
Carlo Santarelli most recently covered the gaming industry at Deutsche Bank He’s joining gaming REIT as a senior vice president Santarelli has more than 25 years of industry experience Gaming and Leisure Properties (NASDAQ: GLPI) announced Tuesday it's hired Carlo Santarelli, a...
Resorts World Pitches Biggest New York City Casino
Genting says Queens casino could convert to largest in the city Venue could open in a year if it wins a downstate casino license In a Monday pitch before a community advisory committee (CAC), Genting said its Resorts World New York would...
Las Vegas Strip Sentiment in the Doldrums, Says Analyst
Ahead of Q2 earnings reports, Q3 already shaping up to be disappointing Analyst says RevPar, July rate checks trending downward Shares of MGM Resorts International (NYSE: MGM) and Caesars Entertainment (NASDAQ: CZR), the two largest operators on the Las Vegas Strip, have...
GLP-1s Could Have Long-Term Ramifications for iGaming
Weight loss drugs could damp impulse spending Expert sees possibility of small decline in iGaming, casino spending over time Whether it’s Mounjaro, Ozempic, Wegovy, or Zepbound, among others, there’s no denying weight loss drugs are popular and the market is expected to...
BetMGM, Hard Rock Impose Illinois Sports Betting Minimums
Moves are responses to state’s latest sports betting tax hike The new mandatory minimums are small BetMGM and Hard Rock Bet are dealing with the recently implemented Illinois sports wagering tax increase in their own way, establishing minimum wager sizes in the...
Smarkets Could Mull Reentering US, Bring Prediction Market With It
Company is back in Indiana sports wagering market One of the only examples of an operator reentering US Smarkets could consider US sports betting exchange offering, too Smarkets, the operator of one of the world’s largest prediction markets platforms, is showing an...
SharpLink Gaming Stock Soars as it Becomes ‘MicroStrategy of Ethereum’
SharpLink is now the largest corporate owner of Ethereum Company provides iGaming and sports betting affiliate services Volatile stock has been on a tear amid an Ether rally The stock is cooling off today, but SharpLink Gaming (NASDAQ: SBET) has been on...
Red Rock Best of Breed Among Las Vegas Locals Casino Stocks
Red Rock upgraded, analyst sees minimal disruption from Durango expansion Operator sports “deep, exciting” pipeline The three Las Vegas locals casino stocks are, in alphabetical order, Boyd Gaming (NYSE: BYD), Golden Entertainment (NASDAQ: GDEN), and Red Rock Resorts (NASDAQ: RRR). The last...
Golden Entertainment Downgraded as M&A Catalysts Wane
Analyst says Golden unlikely to engage in near-term mergers and acquisitions Strat weakness could weigh on second-quarter earnings Shares of Golden Entertainment (NASDAQ: GDEN) slid Wednesday after an analyst downgraded the stock, citing softness at the Strat and declining likelihood of near-term...
Genius Sports, Sportradar ‘Secular Winners,’ Says Analyst
Data providers are preferred ways for playing sports betting boom Analyst says duopoly status is a long-term catalyst Two of this year’s best-performing stocks arrive courtesy of companies that don’t run internet or land-based casinos, and they don’t book sports bets. Proving...
