5448 stories by Todd Shriber
Light & Wonder Stock Leaving New York for Sydney
Slot machine maker’s shares will leave Nasdaq by the end of November Move somewhat expected as company had discussed possibility for months Light & Wonder (NASDAQ: LNW) stock is bidding New York adieu and will transition its sole listing to the Australian...
DraftKings Soars on Record Revenue, Net Income, Maintains 2025 Guidance
DraftKings stock surges after record-breaking net income, revenue report Company maintains 2025 outlook, but sees revenue coming in at higher end of forecast Shares of DraftKings (NASDAQ: DKNG) rallied Wednesday’s after-hours session after the sportsbook giant posted record second-quarter net income and...
Las Vegas Casinos Not Connecting with Young Bettors, Says Activist
Conservative activist Robby Starbuck says Las Vegas casinos have a problem with younger demographics He says the under-40 crowd would rather bet online Las Vegas marketing doesn’t resonate with younger people, he says Recent visitation data confirm Las Vegas is struggling. In...
California Weighing on Las Vegas Tourism Woes
California could be playing big role in declining Las Vegas visitation The most populous state is usually a major feeder market for Las Vegas The Golden State is dealing with some economic problems, too In normal, more sanguine economic environments, California, namely...
Kalshi Trading to Be Available on Nearly 24/7 Basis
Prediction markets operator will permit trading all day, every day … almost There will be a two-hour closure window for maintenance early on Thursdays Kalshi, one of the largest prediction market operators, says it’s transitioning to 24/7 trading on its event futures...
Playstudios Nears National Launch of Sweepstakes Casino
Playstudios could have sweeps casino product live on national basis by the end of 2025 The developer has highlighted encouraging signs from sweepstakes casino testing Social casino developer Playstudios (NASDAQ: MYPS) said it’s nearing national rollout of its sweepstakes casino platform, adding...
iGaming, not Casinos, Powering Industry Growth, Says Analyst
For gaming industry, internet casinos are where the growth is at Recent updates from BetMGM, Caesars Digital confirm as much Second-quarter earnings reports from Caesars Entertainment (NASDAQ: CZR) and MGM Resorts International (NYSE: MGM), as expected, confirmed softness on the Las Vegas...
Boyd Bonds in Strong Shape Following FanDuel Stake Sale
Boyd completed sale of 5% FanDuel to Flutter Entertainment last week Analyst says portion of proceeds will be used to reduce debt, boosting allure of other Boyd corporate bonds Last week, Boyd Gaming (NYSE: BYD) completed the sale of its 5% interest...
MGM Resorts Stock Has Recipe for Rebound, Says Analyst
MGM stock faltered this week following Q2 earnings report, in which Las Vegas was primary drag. Analyst says shares could rebound because operator has “several lions in the den.” Due in part to a second-quarter earnings report that confirmed weakness on the...
MyPrize Raises $21 Million at $250 Million Valuation, Sees Revenue of $100 Million
Social casino operator says it raised $21 million at valuation of $250 million Sees 2025 revenue topping $100 million Social casino operator MyPrize announced Thursday that it raised $21 million at a valuation of $250 million. The internet gaming company added that...
