4975 stories by Todd Shriber
SL Green CEO Could Land $10M Bonus Tied to Times Square Casino
SL Green (NYSE: SLG) CEO Marc Holiday has plenty of reasons to continue the real estate developer’s push to bring a casino hotel to Times Square in New York City. Ten million reasons to be precise. A recent 8-K filing by the...
Caesars ‘Sell’ Rating Reiterated by CFRA, More Asset Sales Possible
Shares of Caesars Entertainment (NASDAQ: CZR) started 2025 on a downbeat note, shedding 2.48% on above-average volume on the first trading day of the year after a research firm “reiterated” a sell rating on the stock while cutting its price target. In...
Las Vegas Locals Casino Stocks Face 2025 Tests
Shares of the casino operators with significant exposure to the Las Vegas locals market were mixed in 2024 and more of the same could be in store this year as the segment is expected to notch slight growth. That’s the take of...
Macau Casino Stocks Have Favorable 2025 Setup, Says Analyst
Last year was a mostly tepid one for Macau casino stocks and with the December and 2024 gross gaming revenue (GGR) report released earlier today similarly lukewarm, some investors may not be enthusiastic about these stocks to start 2025. However, at least...
DraftKings Insiders Sold Nearly $206M in Stock This Year
Barring any new filings that emerge in the days ahead, DraftKings (NASDAQ: DKNG) insiders appear to have sold nearly $206 million worth of the gaming company’s shares in 2024 as the stock notched a market-lagging performance. Following December sales by Chief Legal...
Robinhood Should Focus on Events Contracts in Sports Betting Foray
Robinhood (NASDAQ: HOOD) should focus its potential entry into the world of sports wagering on event-style contracts rather than standard offerings, according to a research firm. In a recent report, Eilers & Krejcik Gaming (EKG) highlighted the difficulties faced by new entrants...
BetMGM Takes the Lead at MGM Sportsbooks
BetMGM is officially taking over as the operator of MGM Resorts International’s racebook and sportsbook operations at its land-based casinos across the US. Essentially what’s taking place is that BetMGM will become a “key employee” of MGM’s sportsbooks and will take on...
Nevada Tops for Per-Capita Sports Betting
In the post- Professional and Amateur Sports Protection Act (PASPA) era, Nevada has ceded its crown as the king of the US sports wagering market, but it still leads in one category: per-capita sports betting. A recent study by Gamdom Casino, a...
Codere Online Stock Plunges as Auditor Resigns
Shares of Codere Online Luxembourg (NASDAQ: CDRO) tumbled Monday after the gaming company said its auditor resigned on Dec. 20, which could jeopardize the operator’s ability to retain its listing on the Nasdaq Stock Market. In late trading, shares of the online...
Casino Mergers and Acquisitions Could Surge in 2025
Supported by declining interest rates and a more favorable regulatory regime, gaming industry, including casinos, mergers and acquisitions activity could perk up in 2025. That was one of the takeaways from Truist Securities’ recent Wicked Good 12th Annual GLLR Summit in Boston....
