Main menu
Todd Shriber
5645 stories by Todd Shriber
Sands CEO Robert Goldstein Paring Equity Position, Could Sell it All
Sales are part of his transition to an advisory role He unloaded 300K shares on Monday He still owns more than 4.3 million shares of the casino stock Las Vegas Sands (NYSE: LVS) Chairman and...
Banijay Acquires Tipico from CVC at $5.4 Billion Valuation
French entertainment giant acquiring majority stake in Tipico Buyer plans to merge Tipico with its Betclic business Banijay Gaming revenue, EBITDA expected to double through acquisition French entertainment conglomerate Banijay Group said Tuesday that it's...
Trump’s Truth Social Gets Into Prediction Markets with Crypto.com
Truth Social is making prediction markets available Move comes through an agreement with Crypto.com Statement mentions events across “all major sports leagues” Shares of Trump Media and Technology Group (NASDAQ: DJT) rallied Tuesday after the...
Gaming and Leisure Buying Virginia Casino Real Estate in $467M Deal
GLPI is paying $27 million for the land, extending financing of $440 million The casino is located in Petersburg, Va. and will be operated by Cordish and Bruce Smith Enterprise Gaming and Leisure Properties (NASDAQ:...
Golden Entertainment Stock Cheap, Real Estate Deal Could Be ‘Transformative,’ Says Analyst
Analyst says real estate holdings offer “transformative upside” He says Golden Entertainment stock is inexpensive relative to peers The stock has lost nearly 30% of its value this year, but Golden Entertainment (NASDAQ: GDEN) is...
Polymarket to Launch its Own Crypto Token After Returning to US
Prediction markets operator says it will introduce digital token, conduct airdop Those events will take place after the company reenters the US Polymarket is taking a pragmatic approach to its native cryptocurrency A Polymarket executive...
Boyd, Churchill Downs, Monarch Could Be Players in Casino M&A
These three regional casino operators could loom large in industry consolidation There’s chatter of increased activity across the casino industry Monarch Casino expected to remain selective There are inklings that asset sales in the gaming...
Bally’s Removed from ‘Rating Watch Negative’ by Fitch, Rating Still B-
Completion of Intralot transaction helps reduce debt Bally’s still at an impasse with creditors over sale of Rhode Island casino real estate Regional casino operator Bally’s was removed from “rating watch negative” by Fitch Ratings...
Churchill Downs to Spend Up to $300M on Victory Run Project
Enhancement will take place at the company’s famed Kentucky racetrack Victory Run will be located between the First Turn Club and the Skye Terrace Churchill Downs (NASDAQ: CHDN) unveiled a new project at its namesake...
Robinhood Adding Over 100 Prediction Markets, Including Politics, Sports
Brokerage firm says it plans to add 100+ event contracts in coming weeks, months It’s already added 35 election contracts in recent days Robinhood partners with Kalshi on prediction markets Robinhood Markets (NASDAQ: HOOD) is...
