4975 stories by Todd Shriber
Flutter Cuts 2024 Revenue Outlook Amid ‘Customer Friendly’ Outcomes
Shares of Flutter Entertainment (NYSE: FLUT) traded lower by nearly 2% in Tuesday’s after-hours session after the FanDuel parent lowered its 2024 earnings and revenue guidance, citing unusually weak results on NFL wagers. The company said it now expects 2024 revenue of...
Crypto.com Expands Sports Event Trading Lineup
Crypto.com is rapidly adding to its sports event contracts lineup, today announcing the addition of more games for clients to wager on beyond the Super Bowl. The cryptocurrency brokerage firm said today it added contracts on NFL conference championship games as well...
Wynn NYC Casino Plan Dealt Blow by Manhattan Community Board
The plan by Related Cos. and Wynn Resorts to bring a casino hotel to Manhattan suffered a blow after Manhattan Community Board 4 (MCB4) late Monday voted unanimously to reject the zoning changes needed to move the project forward. The vote is...
Dana White Joins Meta’s Board of Directors
UFC President and CEO Dana White is one of three new appointments to the Meta (NASDAQ: META) board of directors, marking the first time the UFC boss has joined a corporate board. White, widely viewed as the architect of UFC’s growth and...
iGaming 2025 Legislative Outlook Dim, Analyst Says
The new year is just a week old, but prospects for new states approving iGaming in 2025 already appear dim, according to one analyst. In a new report on DraftKings (NASDAQ: DKNG) -- one of the gaming stocks that would benefit from...
Golden Entertainment Real Estate Sale Could Lift Stock, Says Analyst
Shares of Golden Entertainment (NASDAQ: GDEN) could be galvanized this year if the casino operator decides to sell some or all of its real estate holdings. That’s the view of Deutsche Bank analyst Carlo Santarelli, who in a recent report, noted that...
Wynn Tipped as Top Casino Stock Idea for 2025
Following a rough 2024 in which the stock lost more than 5%, badly trailing the broader market along the way, Wynn Resorts (NASDAQ: WYNN) is earning some appreciation on Wall Street as some analysts view it as a 2025 casino stock redemption...
Flutter Repurchasing Shares, Aims to Buy Back $350M by End of Q1
Flutter Entertainment (NYSE: FLUT) is off to a solid start with its previously announced $5 billion share repurchase program as the sportsbook operator bought back approximately 9,600 of its shares on the final trading day of 2024. That was followed by the...
Caesars Looking to Wring Value from Digital Unit, Says Analyst
Another analyst is speculating that Caesars Entertainment (NASDAQ: CZR) could make a move this year to extract value from its digital operations, which include Caesars Sportsbook. In a new report to clients, Deutsche Bank analyst Carlo Santarelli said there’s a budding narrative...
Las Vegas Sands Upgraded on Macau Optimism
Las Vegas Sands (NYSE: LVS) notched a modest rally Friday after shares of the casino giant landed an upgrade from a sell-side analyst. Jefferies analyst David Katz lifted his rating on the Venetian Macau operator to “buy” from “hold” while lifting his...
