Areas of Expertise
3916 stories by Todd Shriber
News Corp Nearing Do or Die Date on FOX Bet
News Corp (NASDAQ: NWSA) is nearing an important decision on FOX Bet -- one that could determine the future of the online sportsbook. In August, Flutter Entertainment (OTC:PDYPY) can leave FOX Bet on the curb, forcing News Corp to take control of...
Bellagio Real Estate Sale Could Lift Casino Stocks Says Analyst
Speculation is swirling that Blackstone’s (NYSE: BX) Blackstone Real Estate Income Trust (BREIT) could sell the real estate of Bellagio on the Las Vegas Strip. One analyst believes that if the real estate investment trust (REIT) proceeds down that path, there will...
Donald Trump Seen with UFC Boss White at Red Rock Casino
Former President Donald Trump was seen with Ultimate Fighting Championship (UFC) President Dana White Saturday at Red Rock Casino Resort and Spa, just hours before “UFC 290.” The 45th US president is a well-known UFC fan, having attended multiple events of the...
‘Daily Wager’ Ratings Soar, but ESPN Reportedly Boots Host
ESPN says ratings for its “Daily Wager” program that airs on ESPN 2 are increasing. But the future of host Doug Kezirian is in limbo. In a Thursday tweet, the sports broadcaster’s public relations department said “Daily Wager’s” ratings for the most...
Wynn Resorts Added to Deutsche Bank Q3 Fresh Money List
After setting a torrid pace in the first half of the year, Wynn Resorts (NASDAQ: WYNN) stock was added to Deutsche Bank’s Fresh Money List for the third quarter. That’s a collection of equities the bank’s analysts have strong convictions about. Buy-rated...
DraftKings’ Hold, Increasing Consistency Lauded by Analysts
On the back of improving cost management and above-average hold in some markets, DraftKings (NASDAQ: DKNG) drew kudos from a pair of sell-side analysts on Thursday. In reports to clients on Thursday, Deutsche Bank analyst Carlo Santarelli and JPMorgan’s Joseph Greff waxed...
Entain Likely to Continue Eastern Europe Buying Spree, Says Analyst
Fresh off the recently announced purchase of Poland’s STS Group, Entain Plc (OTC: GMVHY) is likely to continue looking to Eastern Europe for acquisitions. That’s the take of Third Bridge analyst Lara Martinez, who in a new report to clients, says the...
Genius Sports Surges on Extended NFL Data Deal
Genius Sports (NYSE: GENI) and the NFL announced Thursday they extended their data deal through the 2027-28 season. Investors, of which the NFL is one of the largest, cheered the news, sending shares of Genius higher by 25.65% on volume that was...
Arizona Fielding Applications for Three More Sports Wagering Permits
Already one of the country’s most vibrant and fastest-growing sports wagering markets, Arizona is poised to expand the number of regulated sportsbooks operating in the state. The Arizona Department of Gaming (ADG) is scheduled to hold an informational session later this month,...
Gaming and Leisure, VICI Downgraded on Valuation Concerns
Gaming and Leisure Properties (NASDAQ: GLPI) and VICI Properties (NYSE: VICI), the two publicly traded casino landlords, were downgraded on concerns that their valuations are stretched and that near-term acquisition opportunity is limited. In a note to clients on Wednesday, Deutsche Bank...