Areas of Expertise
5359 stories by Todd Shriber
MGM Stock Lands Modest Price Target Increase on Vegas Optimism
Analyst lifts MGM price target due in part to Las Vegas stability Stock has multiple 2026 catalysts, including BetMGM and Japan Capital return story should continue, says analyst Capping a weird week in which inadvertently and then officially released fourth-quarter and full-year...
Sands, Wynn Tipped to Gain Macau Market Share
Macau casino stocks often rally ahead of Chinese Lunar New Year Analyst believes Las Vegas Sands and Wynn can add market share in Macau Macau GGR estimates seen as conservative Ahead of Chinese Lunar New Year festivities, which often bring upside for...
Kalshi Creating Problems for DraftKings, Says Bear Cave
Kalshi execution beating DraftKings Consumers “are voting with their fingertips,” says Dorsey Kalshi more appealing to sharps, whales Shares of DraftKings (NASDAQ: DKNG) are off 5.1% today after a research firm published a report noting that Kalshi is besting the sportsbook operator...
Opinion On-Chain Prediction Market Raises $20 Million
Company raised $20 million in a pre-Series A round The platform isn’t available in the US… …But it’s one of the largest prediction markets in the world Opinion Labs, the company behind the Opinion Trade prediction, raised $20 million from several investors...
Coinbase Sues Attorney General and Nevada Gaming Board
The Nevada Gaming Control Board is suing Coinbase to prevent it from offering sports event contracts in the state Coinbase quickly responded with a suit of its own Company calls Nevada action a manufactured emergency Coinbase Global (NASDAQ: COIN) late Wednesday responded...
Kairos, Company Behind Prediction Market Terminal, Lands $2.5M in Funding
Company is building a Bloomberg Terminal-esque product for prediction market traders The startup landed $2.5 million in financing in a funding round led by a16z crypto Kairos, a startup company developing a unifying terminal for prediction market traders, raised $2.5 million in...
MGM, Entain Rally as BetMGM Posts First Profitable Year
The gaming stocks soared Wednesday as BetMGM delivered estimate-beating 2025 results Net gaming surged 33% to $2.8 billion Company reiterates $500 million 2027 EBITDA target Shares of MGM Resorts International (NYSE: MGM) and Entain Plc (OTC: GMVHY) rallied Wednesday as BetMGM --...
Crypto.com Announces Standalone Prediction Market, Includes Margin Trading
Platform will be the first of its kind to offer margin trading Announcement comes amid explosive prediction markets growth for the company Analyst sees industry volume topping a trillion contracts in 2027 Crypto.com said today it is launching a freestanding prediction markets...
Robinhood Expands Event Contracts Menu Ahead of Super Bowl
Brokerage firm adds a slew of new event contracts extending beyond sides, totals More contracts expected to launch this week Company also adds derivatives tied to advertisers, halftime show Robinhood Markets (NASDAQ: HOOD) today announced a significant expansion of sports event contracts...
New York AG James Warns Consumers on Prediction Markets
She says prediction markets lack same protections as regulated betting avenues James adds prediction markets are essentially unregulated gambling outlets Just days before Super Bowl LX, New York Attorney General Letitia James (D) is warning Empire State consumers about the risks associated...