Areas of Expertise
5081 stories by Todd Shriber
Jackpocket Texas Could Be Modest Hit to DraftKings Revenue
Texas controversies lead to the banning of lottery couriers DraftKings’ Jackpocket is one of the largest names in the space Following a pair of controversies involving lottery couriers in Texas, the state banned that form of purchasing lottery scratchers and tickets. The...
Golden Entertainment to Be Selective on Acquisitions
Strat operator says it will be choosy when it comes to deal-making Could examine opportunities in Nevada and beyond Golden Entertainment (NASDAQ: GDEN) is open to mergers and acquisitions, but executives said the casino operator will be judicious on that front. On...
Star Entertainment Halts Trading, Stoking Fears Collapse is Near
Casino operator halted trading of its stock in Sydney Gaming company won’t deliver half-year results as scheduled Shares of Star Entertainment were halted in Friday trading in Sydney, sparking fears that the ailing casino operator won't deliver its half-year results as scheduled...
Wynn UAE Could Feature More Casinos Than Expected
Wynn UAE property could have multiple casinos Amenities, entertainment expected to remain focus of venue Wynn Resorts’ integrated resort project in the United Arab Emirates (UAE) could feature two casinos, or one more than previously expected, and it’s possible that number could...
Melco Mulling Alternatives for Manila Casino Hotel
Melco hired investment banks to examine alternatives for City of Dreams Manila Operator did not say a sale of the casino resort is in the cards Melco Resorts & Entertainment (NASDAQ: MLCO) announced today that it hired a pair of investment banks...
Rush Street Interactive ‘Attractive’ Online Gaming Play, Says analyst
Stock plunged today despite Q4 earnings beat, rosy guidance Canada, Latin America contribute to bull case Despite a fourth-quarter results that soundly beat estimates and the lifting of 2025 revenue guidance, shares of Rush Street Interactive (NYSE: RSI) plunged 15.26% today on...
Wynn Says Dialogue with Fertitta to Continue
Comments arrive as investor has opportunity to increase stake Fertitta is already the largest individual shareholder in Wynn Wynn Resorts (NASDAQ: WYNN) said its relationship with Tilman Fertitta, the company’s largest individual shareholder, is strong and that it’s open to continuing discussions...
Light & Wonder Mulls Possibility of Sole Listing on ASX
Company hired investment banks to examine the move It could result in two primary listings or single listing in Australia Light & Wonder (NASDAQ: LNW) said it’s considering listing options for its shares, including adding the Australian Securities Exchange (ASX) as a...
Caesars Could Sell More Assets in Bid to Further Pare Debt
Caesars still considering noncore asset sales Deals could be harder to come by this year Caesars Entertainment (NASDAQ: CZR) indicated it remains open to selling noncore assets, including casinos, as it continues debt-reduction efforts, but warned transactions could be harder to come...
MGM China Looking for $2 Billion in Financing
Company runs two Macau casino resorts Would be its first loan since the coronavirus pandemic MGM China is reportedly in talks with a group of lenders regarding a $2 billion syndicated loan, which would be the casino operator’s first round of financing...