5135 stories by Todd Shriber
Entain Upheaval Could Prompt Fresh MGM Bid
MGM could consider new bid for Entain following CEO exit US casino operator tried to acquire BetMGM partner four years ago Following the recent departures of three high-level executives, including now former CEO Gavin Isaacs, Entain Plc (OTC: GMVHY) could draw a...
Bally’s Chicago IPO Hits SEC Roadblock
Minority-only IPO didn’t close as expected Casino operator plans to try again even as legal challenges linger Bally’s (NYSE: BALY.T) planned $250 million Chicago initial public offering (IPO), reserved exclusively for minority investors, didn't close as expected in February after the Securities...
Penn Entertainment Warns 2026 Could Bring End of ESPN Bet
ESPN Bet could be on borrowed time There’s a three-year out clause in contract between Penn and Disney Penn Entertainment’s (NASDAQ: PENN) ESPN Bet unit could be on the chopping block next year if the online sportsbook doesn’t garner more momentum between...
FTC Close to Dropping MGM Cyberattack Investigation
FTC no longer pursuing civil investigative demand Could mark end of case brought against MGM in January 2024 The Federal Trade Commission could be close to dropping its case against MGM Resorts International, which stems from a 2023 cyber intrusion carried out...
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...
