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Todd Shriber
5805 stories by Todd Shriber
Playtika to Cut Staff by 15%, Incur Charges up to $15 Million
Mobile gaming company says it will slash staff by 15% Expects to reinvest cost savings in growth initiatives Shares of Playtika (NASDAQ: PLTK) traded lower early Wednesday after the mobile gaming company said it will...
Two Former Congressmen Join Prediction Markets Lobbying Group
Democrat Patrick Maloney joining as president and CEO Republican Patrick McHenry on board as a senior advisor The Coalition for Prediction Markets (CPM), the newly formed lobbying group for that budding industry, said Tuesday that...
AGA, IGA Press Congress on Prediction Markets Sports Bets
Gaming trade groups say sports event contracts are “indistinguishable” from legal sports betting They say the prediction markets industry is exploiting inaction by the CFTC The American Gaming Association (AGA) and the Indian Gaming Association...
MGM Stock Downgraded on Lingering Las Vegas Casino Issues
Stock downgraded as analyst sees weak leisure demand trumping strong group calendar Analyst expects Strip EBITDAR to decline this year Says MGM needs to improve customer value proposition Shares of MGM Resorts International (NYSE: MGM)...
Churchill Downs Unveils $180M-$200M Refresh of New Hampshire Casino
The venue will be renamed Rockingham Grand Casino. It currently operates as Casino Salem in Salem, NH. Company could spend up to $200 million on the project. Churchill Downs said today it will spend up...
Banijay Sells 54% Interest in Germany’s bet-at-home
The company said its Betclic unit divested all of its 53.9% stake in bet-at-home The buyer wasn’t disclosed A pair of executives are leaving the company French entertainment conglomerate Banijay Group announced earlier this month...
Caesars, DraftKings Seen as Winners as Maine Approves iGaming
The state surprisingly becomes the eighth to allow internet casinos. Caesars and DraftKings are seen as potential beneficiaries because they’re the two sports betting license holders there. iGaming in Maine will be run through tribes,...
Wynn C-Suite Shakeup: Fullalove in as CFO, Replacing Cameron-Doe
Julie Cameron-Doe will depart as chief financial officer (CFO) in mid-2026. She’s held that title for nearly four years. Craig Fullalove is replacing her. Wynn Resorts (NASDAQ: WYNN) announced today that CFO Julie Cameron-Doe will...
Wynn UAE Casino, Las Vegas Could Spark Stock in 2026
The UAE venue is expected to open in roughly a year Analyst says Wynn is also gaining market share in Macau, its most important market Wynn deserves the premium valuation it commands, analyst says Last...
Accel Considering Chicago on VGT Plan, Could Realize Revenue Later This Year
Chicago could approve video gaming terminal (VGT) licenses to raise tax receipts. Accel is already the dominant distributed gaming operator in Illinois. Company says it could generate revenue later this year if city approves VGTs....
