5449 stories by Todd Shriber
FanDuel Parent Flutter Unveils Illinois Surcharge
Starting in September, FanDuel will apply 50 cent surcharge per bet made in Illinois Company is first to respond to state’s recent tax increase, the second in a year DraftKings likely to follow suit, says analyst Flutter Entertainment (NYSE: FLUT), the parent...
Glass Lewis Supports Penn Adding Two Vora Directors
Proxy advisor speaks in favor of Penn directors slate Two others endorsed HG Vora proposal to add three board members Glass Lewis says Clifford isn’t eligible for election With a proxy tussle with HG Vora nearing its conclusion, Penn Entertainment (NASDAQ: PENN)...
Bally’s, Chicago Settle IPO Suit Brought by Excluded White Men
City, gaming company settle litigation stemming from proposed IPO that barred white men Suit was brought by a conservative legal group representing two plaintiffs Bally’s and the city of Chicago settled litigation stemming from a proposed initial public offering (IPO) that under...
HG Vora Makes Final Push for Votes in Penn Proxy Fight
Hedge fund attempting to procure votes for its “Gold Card” directors slate Penn’s annual meeting is scheduled for June 17 Like a politician making a late October play for votes in advance of Election Day, HG Vora is engaging in a final...
Fertitta Wynn Stake to Be Scrutinized by NGCB
NGCB to evaluate Feritta’s suitability as investor in Wynn Likely a perfunctory step because he holds a Nevada gaming license At its Wednesday meeting, the Nevada Gaming Control Board (NGCB) will assess Tilman Fertitta’s suitability as a shareholder in Wynn Resorts (NASDAQ:...
Penn Fires Back at ISS, Says Clifford Candidacy Is Flawed
Casino operator responds to proxy advisor's report encouraging investors to vote for three dissident board candidates ISS report endorsed HG Vora’s directors slate Penn says Clifford holds “antiquated views” Late Friday, Penn National Gaming (NASDAQ: PENN) responded to a report released earlier...
ISS Endorses HG Vora in Penn Entertainment Proxy Fight
ISS becomes second proxy firm to support HG Vora in fight against Penn Advisory firm says Penn investors should vote for all three directors proposed by the hedge fund ISS highlights Penn’s online gaming missteps Institutional Shareholder Services (ISS), one of the...
Nassau County Casino Plan Close to Death
Blakeman acknowledges casino plan unlikely to move forward Sands will develop Nassau Hub in other ways The plan to bring a casino hotel to Nassau County, NY is all but dead at this point as County Executive Bruce Blakeman noted earlier today...
Bally’s Drags on Gaming and Leisure Properties Stock, Says Analyst
REIT is Bally’s primary landlord Analyst says Chicago, Bally’s credit issues have weighed on GLPI shares Construction of Bally’s Chicago casino hotel potentially running behind schedule and the operator’s junk-rated credit profile appear to be drags on shares of Gaming and Leisure...
Century Casinos Stock Could Double, Poland Sale in Play, Says Analyst
Shares could double from current levels, says Stifel analyst Company still wants to divest Poland casino unit Century Casinos (NASDAQ: CNTY) has a pathway back to $4, or roughly double where the stock currently resides, and the gaming company continues mulling the...
