Areas of Expertise
5081 stories by Todd Shriber
Wynn Buying Crown London Casino from Crown Resorts
Wynn Resorts (NASDAQ: WYNN) announced late Thursday that it’s purchasing the famed Crown London casino from current operator Crown Resorts. Financial terms of the transaction, which is expected to close in the second half of this year, weren’t revealed. Located in London’s...
Wynn Ranked Most Prestigious Las Vegas Casino Hotel
Wynn Resorts’ eponymous venue on the Las Vegas Strip is synonymous with glitz and luxury and it has the accolades to prove it. In its latest ratings, Luxury Lifestyle Magazine ranked The Wynn as the most prestigious casino hotel in Las Vegas....
DraftKings Likely Hit By Same Q4 NFL Issues as FanDuel, Says Analyst
DraftKings (NASDAQ: DKNG) is likely to have caught the same cold as rival Flutter Entertainment (NYSE: FLUT), which warned investors on Tuesday that its fourth-quarter and 2024 earnings and revenue will come in below previously issued estimates due to customer-friendly outcomes on...
BetMGM Extends Second Chance Promo to NBA, NHL Betting
BetMGM said Tuesday it's bringing its Second Chance promotion to NBA and NHL wagering on a limited basis after the offering gained popularity during the NFL season. The Second Chance promo for NBA games, which is up and running, will run every...
Flutter Cuts 2024 Revenue Outlook Amid ‘Customer Friendly’ Outcomes
Shares of Flutter Entertainment (NYSE: FLUT) traded lower by nearly 2% in Tuesday’s after-hours session after the FanDuel parent lowered its 2024 earnings and revenue guidance, citing unusually weak results on NFL wagers. The company said it now expects 2024 revenue of...
Crypto.com Expands Sports Event Trading Lineup
Crypto.com is rapidly adding to its sports event contracts lineup, today announcing the addition of more games for clients to wager on beyond the Super Bowl. The cryptocurrency brokerage firm said today it added contracts on NFL conference championship games as well...
Wynn NYC Casino Plan Dealt Blow by Manhattan Community Board
The plan by Related Cos. and Wynn Resorts to bring a casino hotel to Manhattan suffered a blow after Manhattan Community Board 4 (MCB4) late Monday voted unanimously to reject the zoning changes needed to move the project forward. The vote is...
Dana White Joins Meta’s Board of Directors
UFC President and CEO Dana White is one of three new appointments to the Meta (NASDAQ: META) board of directors, marking the first time the UFC boss has joined a corporate board. White, widely viewed as the architect of UFC’s growth and...
iGaming 2025 Legislative Outlook Dim, Analyst Says
The new year is just a week old, but prospects for new states approving iGaming in 2025 already appear dim, according to one analyst. In a new report on DraftKings (NASDAQ: DKNG) -- one of the gaming stocks that would benefit from...
Golden Entertainment Real Estate Sale Could Lift Stock, Says Analyst
Shares of Golden Entertainment (NASDAQ: GDEN) could be galvanized this year if the casino operator decides to sell some or all of its real estate holdings. That’s the view of Deutsche Bank analyst Carlo Santarelli, who in a recent report, noted that...