Areas of Expertise
5402 stories by Todd Shriber
Florida Likely Only State to Add iGaming Over Next Several Years
iGaming legislation continues faltering Florida could be only state to add it through 2027 The start of each new year brings optimism that more states will approve internet casinos, and 2025 was no exception. But less than three months into the year,...
Century Casinos Call Turns Testy as Investors Decry Stock Slide
Pair of shareholders infiltrated conference call, criticizing executives One investor demands CEO change and a focus on the US Century Casinos’ (NASDAQ: CNTY) fourth-quarter earnings conference call turned acrimonious when a pair of shareholders hopped on to bash management while pointing out...
DraftKings Mulls Prediction Market Entry
Sportsbook operator submitted filing for “DraftKings Predict” Could be acknowledgement of potential threat from Kalshi, others An entity with ties to DraftKings (NASDAQ: DKNG) submitted a filing with the National Futures Association (NFA) for a business called “DraftKings Predict,” signaling the sportsbook...
Churchill Downs Unveils $500 Million Buyback Plan
Churchill Downs could repurchase up to $500 million of its stock Replaces buyback plan announced in September 2021 Shares of Churchill Downs (NASDAQ: CHDN) traded higher in Wednesday’s after-hours session after the gaming company announced a new $500 million share repurchase program....
MGM Adds NBCUniversal Chairman Langley to Board
Langley has full oversight of NBCUniversal entertainment offerings She becomes the 13th board member at the gaming company MGM Resorts International (NYSE: MGM) said today it appointed Dame Donna Langley to its board of directors, making her the 13th member of the...
Portnoy Says He Was Offered Commerce Department Gig
Portnoy says he was offered unidentified role at Commerce He turned it down because he would’ve had to cede leadership of Barstool Sports Barstool Sports founder David Portnoy said he was recently offered an unidentified role at the Commerce Department. He discussed...
Flutter Selloff Could Become Buying Opportunity
Flutter holds leading positions in the US and around the world Investment thesis buoyed by strong balance sheet Like other gaming stocks, Flutter Entertainment (NYSE: FLUT) is being hammered in a tariff-induced selloff that’s rocking US equities. That punishment continued Monday with...
MGM Director Diller Supporting Cuomo for NYC Mayor
MGM board member wants former governor to be next mayor of NYC Endorsement stems from Cuomo’s assistance on Little Island project MGM Resorts International (NYSE: MGM) Director Barry Diller has reportedly endorsed former New York Gov. Andrew Cuomo (D) in his run...
Bally’s Makes 11th-Hour Bid to Save Star Entertainment
Bally’s offering AU$250 million in financing for embattled Star Regional casino operator believes its bid is superior to Hong Kong investor offer to buy Star Brisbane Bally’s (NYSE: BALY.T) has swooped in with an 11th-hour bid to save ailing Star Entertainment, offering...
Goldstein to Be Replaced by Dumont as Sands CEO in 2026
Sands chief executive officer to transition to senior advisor role in March 2026 Current COO and President Dumont likely to take the helm Las Vegas Sands (NYSE: LVS) announced Thursday that Chairman and CEO Robert Goldstein will move to the role of...