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Todd Shriber
5784 stories by Todd Shriber
Churchill Downs Stock Upgraded as Analyst Sees Benefits from Illinois Gaming Bill
Shares of Churchill Downs Inc. (NASDAQ: CHDN) surged 6.1 percent Wednesday to close at $109.07 with volume more than double its daily average after Tesley Advisory Group analyst Brian McGill upgraded the stock, noting the...
Scientific Games Attracts Attention of Bullish Options Traders
Shares of Scientific Games Corp. (NASDAQ: SGMS) closed slightly higher Tuesday, extending the stock's winning streak to five days and its gain over the past week to nearly 12 percent. The stock's recent run appears...
Norwegian Pension Fund Sheds Gaming Stocks from Portfolio
Kommunal Landspensjonskasse (KLP), Norway's largest pension fund, said it will ditch its investments in alcohol companies and casino operators as part of its ongoing effort to align its portfolio with environmental, social, and governance (ESG)...
Cosmopolitan Las Vegas Issues Apology to Meek Mill for Banning Rapper from Casino
Just days after the Cosmopolitan denied hip hop star Meek Mill entry to a concert it was hosting, the Las Vegas hotel and casino took to Twitter to issue an apology, saying it had "zero...
Concerns Raised Over Sports Betting Platform Contract Awarded by Oregon Lottery
The Oregon Lottery is pushing forward with its effort to bring legalized sports wagering to the state. However, critics believe the state is doing so with assistance from a foreign company with potentially dubious business...
As Potential Suitors Circle, Caesars Stock Remains Hedge Fund Favorite
With Caesars Entertainment being discussed as an acquisition target, hedge funds remain fans of the stock. A report from Jefferies, an investment bank and brokerage firm, highlights new holdings established by high and low turnover...
Armenia Protestors Challenge Parliament Effort to Enact Big Gambling Restrictions
Armenia's parliament is considering legislation that could further restrict gaming establishments in the Eastern European nation. The legislation, introduced last October, is the latest in a series of efforts by Armenian politicians to crackdown on...
India Court Decides to Continue Allowing Online Wagering, But Commissions Further Review
A court in India voted Wednesday against a temporary ban on online wagering, opting instead to allow the activity to continue while requesting additional guidance from policymakers on the legality of games of chance. Avinash...
Analyst: Odds Looking Good for Eldorado Resorts to Buy Caesars Entertainment
The possibility of Eldorado Resorts, Inc. (NASDAQ: ERI) acquiring Caesars Entertainment Corp. (NYSE: CZR) is increasing, according to a gaming and lodging analyst. “We believe the likelihood for an ERI/CZR pairing has increased and we...
Controversy Follows Arapaho Business Council Decision on Wyoming Casino CEO
Wind River Hotel and Casino CEO Jim Conrad can keep his current position at the helm of Wyoming's largest gaming venue until the end of June, but there is some controversy regarding whether he will...
