Areas of Expertise
5588 stories by Todd Shriber
Caesars Stock Sapped by Weak Q3 Las Vegas Casino Results
The operator’s Las Vegas casino revenue was essentially flat year over year Weak leisure demand in Sin City pushed Caesars to wider-than-expected losses Management expects better Q4, 2026 Shares of Caesars Entertainment (NASDAQ: CZR) are getting walloped on Wednesday after the casino...
Polymarket Could Be Live in US by End of November
Sports contracts expected to be point of emphasis in US return Polymarket could be available in this country by end of November on a limited basis Company was banished from the US in 2022 Polymarket could be live in the US by...
Robinhood Prediction Markets Revenue Could Double in Q4, Says Analyst
Robinhood likely generated $20 million in Q3 prediction markets revenue That’s double the prior quarter’s tally Analyst says that with the help of football contracts, that figure could surge to $50 million in Q4 Helped by the start of football season, Robinhood...
Sands CEO Robert Goldstein Paring Equity Position, Could Sell it All
Sales are part of his transition to an advisory role He unloaded 300K shares on Monday He still owns more than 4.3 million shares of the casino stock Las Vegas Sands (NYSE: LVS) Chairman and CEO Robert Goldstein sold 300K shares of...
Banijay Acquires Tipico from CVC at $5.4 Billion Valuation
French entertainment giant acquiring majority stake in Tipico Buyer plans to merge Tipico with its Betclic business Banijay Gaming revenue, EBITDA expected to double through acquisition French entertainment conglomerate Banijay Group said Tuesday that it's acquiring a majority stake in German sports...
Trump’s Truth Social Gets Into Prediction Markets with Crypto.com
Truth Social is making prediction markets available Move comes through an agreement with Crypto.com Statement mentions events across “all major sports leagues” Shares of Trump Media and Technology Group (NASDAQ: DJT) rallied Tuesday after the company said its Truth Social platform is...
Gaming and Leisure Buying Virginia Casino Real Estate in $467M Deal
GLPI is paying $27 million for the land, extending financing of $440 million The casino is located in Petersburg, Va. and will be operated by Cordish and Bruce Smith Enterprise Gaming and Leisure Properties (NASDAQ: GLPI) said today it is acquiring the...
Golden Entertainment Stock Cheap, Real Estate Deal Could Be ‘Transformative,’ Says Analyst
Analyst says real estate holdings offer “transformative upside” He says Golden Entertainment stock is inexpensive relative to peers The stock has lost nearly 30% of its value this year, but Golden Entertainment (NASDAQ: GDEN) is inexpensive relative to its peers and controls...
Polymarket to Launch its Own Crypto Token After Returning to US
Prediction markets operator says it will introduce digital token, conduct airdop Those events will take place after the company reenters the US Polymarket is taking a pragmatic approach to its native cryptocurrency A Polymarket executive recently confirmed the prediction markets will launch...
Boyd, Churchill Downs, Monarch Could Be Players in Casino M&A
These three regional casino operators could loom large in industry consolidation There’s chatter of increased activity across the casino industry Monarch Casino expected to remain selective There are inklings that asset sales in the gaming industry will soon perk up, and some...