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Todd Shriber
5640 stories by Todd Shriber
Wynn Macau, UAE Exposure Support Long-Term Stock Outlook
Wynn is one of this year’s best-performing casino stocks Geographic diversification is a big reason why It’s also the lone bright spot on the Las Vegas Strip Shares of Wynn Resorts (NASDAQ: WYNN) are up...
Bally’s Colorado Casino Workers Cleared to Join Teamsters Union
Bally’s, Teamsters reach neutrality agreement Accord paves way for workers at Black Hawk, Colo. casinos to join union Those properties represent three of the operator’s four casinos in Colorado Bally’s and the International Brotherhood of...
Resorts World Wants New York to Reevaluate Casino Tax Scheme
Resorts World New York wants the state to reconsider its offer to pay higher taxes Operator may ask the state to lower the tax rate imposed on it It could also push for higher levies...
Harvard Endowment Makes Big Move Into Flutter Entertainment Stock
Big Ivy League endowment has big bet on big betting stock It appears to be a new position Endowment manager owns at least one other gaming name Harvard Management Company, the manager of the Ivy...
Hedge Funds Cut Casino Holdings, DraftKings Hit by Another Sell-Off
One well-known investor reduced his stake in Penn Entertainment Another trimmed his MGM position DraftKings was dropped outright by another hedge fund Form 13F filing season is now in full swing and the documents are...
AQR’s Cliff Asness Hints the Hedge Fund May Enter Sports Betting
Billionaire investor said hedge fund could examine sports betting He admitted to cynicism regarding online sports wagering He didn’t elaborate on how AQR could get involved AQR Capital Management, the hedge fund co-founded by Cliff...
Illinois Sports Bets Plunge by 5 Million as Operators Respond to Higher Taxes
Trade group backing sportsbooks says per-bet fees are leading to fewer wagers Handle did not decrease; it rose year over year Operators imposed per-bet fees and minimums in response to tax increase The Sports Betting...
Cboe Makes Prediction Market Move, Leaves Sports Out for Now
Exchange operator is the latest to enter prediction markets arena. Sports event contracts aren’t in the cards. Cboe prediction platform expected to launch in the coming months. Cboe Global Markets (BATS: CBOE) is planning to...
Polymarket Becomes Official Prediction Market of UFC
Polymarket now exclusive, official prediction market of UFC and Zuffa Boxing Adds to growing list of marquee deals for Polymarket Hardly a day goes by without Polymarket announcing a new deal or partnership with a...
Golden Entertainment Investor Says Buyout Offer ‘Woefully Inadequate’
Everbay Capital calls Sartini-led buyout “opportunistic” Says offer exploits recent weakness in Golden's stock price Investor believes Golden’s board is forcing shareholders to accept a raw deal Golden Entertainment (NASDAQ: GDEN) CEO Blake Sartini’s $30...
