Areas of Expertise
5359 stories by Todd Shriber
Bally’s Mulled Waiting for Star to Fall Into Administration
Regional casino operator decided to bid amid fears Star would have been too difficult to rescue in administration Kim says Bally’s had been monitoring th Star situation for a year. Bally’s (NYSE: BALY.T) considered waiting for Star Entertainment Group to be placed...
SL Green Can Meet Enviro Review Deadline for Times Square Casino
Developer commented after reports surfaced to the contrary Two other New York City casino bids could be hampered by slow environmental reviews Real estate developer SL Green said it will be able to meet the deadline for an environmental review for a...
Tariffs Not Yet Pinching Macau Casino Activity
Macau betting volumes sturdy amid US/China trade war. Large bettors continue visiting Macau casinos. With the US and China -- the world’s two largest economies -- lobbing trade barbs at each other on a seemingly daily basis, it’d be reasonable to expect...
DraftKings Slide Provides Fresh Buying Opportunity, Says Analyst
Shares have tumbled since fourth-quarter earnings report. Stock is inexpensive relative to next-12-month sales history. Shares of DraftKings (NASDAQ: DKNG) traded slightly higher Monday after an analyst upgraded the stock, noting said recent weakness could present investors with a valid buying opportunity....
Hard Rock Digital Could Be Worth $8 Billion, Says Research Firm
If estimate is accurate, Hard Rock Digital would be one of the largest standalone iGaming/OSB companies. Implies valuation has rapidly doubled and Florida could eventually allow iGaming. Hard Rock Digital, the interactive gaming and sports wagering arm of the Seminole Tribe’s Hard...
Kalshi Wins Nevada Injunction, Sports Contracts Remain
Ruling sets stage for Kalshi to continue offering sports contracts in Nevada. Judge leans on federal regulation of prediction markets operator. Prediction markets operator Kalshi will continue offering sports-linked derivatives in Nevada after a federal judge granted the company an injunction against...
Churchill Downs ‘Flight-to-Quality’ Idea Among Gaming Stocks
Stock looks attractive ahead of Kentucky Derby Tariff uncertainty a headwind, but Derby could be bigger catalyst With the Kentucky Derby just a few weeks away, Churchill Downs (NASDAQ: CHDN) could be ready to take its turn in the gaming stock spotlight....
Portnoy Hoped Trump Would Deliver Stock Market ‘Victory’
Comments came after he claimed to have lost $20 million . He remains a fan of the president. Barstool Sports founder David Portnoy’s pre-market wish was granted today when President Trump delivered the “victory” the brash sports bettor and avid trader was...
Protect the High Line Pushes Bottcher to Oppose Wynn Casino
Group wants councilmember to oppose zoning changes. City Planning Commission has advanced those alterations. With the City Planning Commission (CPC) advancing to the New York City Council an application by Related Cos. to rezone Western Rail Yards -- a plan that includes...
Fertitta Boosts Wynn Stake as Stock Struggles Amid Tariff Turmoil
Fertitta recently added to Wynn position, taking stake to about 13%. Buys came ahead of Wednesday rally. In what now appears to be a series of series of exceptionally well-timed purchases, Tilman Fertitta added to his stake in Wynn Resorts (NASDAQ: WYNN),...