3975 stories by Todd Shriber
DraftKings Sponsoring Two Cars in NASCAR New Hampshire Race
DraftKings is making its NASCAR sponsorship debut in a big way, as the gaming company will be the official sponsor of not one, but two cars participating in Sunday’s Crayon 301 Cup Series race at New Hampshire Motorspeedway (NHMS). By way of...
Light & Wonder Bringing ‘Willy Wonka,’ Other Warner Bros. Classics to Online Slots
Slot machine behemoth Light & Wonder has announced an expanded agreement with Warner Bros. The goal is to bring more of the entertainment company's hit movies to the gaming firm’s portfolio of online slots. Las Vegas-based Light & Wonder will work with...
Melco, MGM, Wynn Among Upgraded Macau Stocks
The Macau recovery is one of the obvious themes underpinning strength in casino stocks this year. Some analysts believe there’s more upside to come for U.S. and Hong Kong-listed concessionaries alike. In a new report to clients, CBRE Research analyst John DeCree...
Churchill Downs, MGM Among Top Gaming Equity Ideas Ahead of Q2 Earnings
Second-quarter earnings season kicked off this week, and it’s just a matter of days before gaming companies step into the earnings confessional. In aggregate, gaming equities lagged the S&P 500 in the first half of the year. But Churchill Downs (NASDAQ: CHDN)...
PlayUp Reportedly Close to Selling US Unit to Public Company
Australia-based PlayUp is close to selling its US operations to an unidentified public company, and will embark upon a significant restructuring, including sizable layoffs. Legal Sports Report’s Matthew Waters broke the news on Wednesday, citing PlayUp CEO Daniel Simic. As was the...
DraftKings Stock Soars as BofA Analyst Sees Inflection Point Nearing
DraftKings (NASDAQ: DKNG) extended its July rally Wednesday on the back of bullish comments from Bank of America analyst Shaun Kelley. In midday trading, the stock is higher by 5.32% on volume that’s already exceeded the daily average. That extends its gains...
Hyatt, MGM Ending Points Partnership
Hyatt Hotels Corp. and MGM Resorts International announced they're ending a rewards club reciprocal agreement that dates back a decade. The World of Hyatt and MGM Rewards partnership will be scrapped effective September 30. Existing reservations made by World of Hyatt members...
Wynn Las Vegas Again Top Sin City Hotel on Travel + Leisure Rankings
For a fourth consecutive year, Wynn Las Vegas was named the best hotel in the US casino center by Travel + Leisure. The publication’s “best of” rankings include airports, cities, hotels, resorts, and more. Each year, Travel + Leisure polls readers in...
Chippy Start to 26 Capital, Okada Manila Trial
Legal proceedings commenced Monday for 26 Capital Acquisition Corp.’s (NASDAQ: ADER) efforts to finally bring Okada Manila public, and things got testy. Jason Ader, the chief executive officer of the special purpose acquisition company (SPAC), told the Delaware Court of Chancery that...
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...
