5359 stories by Todd Shriber
Light & Wonder Paying $850 Million for Charitable Gaming Assets
Light & Wonder Paying $850 million for charitable gaming business Acquired company is profitable, deal expected to close in second quarter Light & Wonder (NASDAQ: LNW) said it’s paying $850 million in cash for the charitable gaming assets of Grover Gaming, Inc....
Bain Capital Takes Over Inspire Casino Resort in South Korea
Private equity firm now controls Korean casino hotel MGE Korea was close to default on the venue Private equity firm Bain Capital assumed control of the Inspire Korea casino hotel from Mohegan Gaming & Entertainment (MGE) -- a move recently forecast by...
Hawk Tuah Boyfriend ‘Pookie’ Demands Memecoin Money Back
Hailey Welch launched a memecoin that quickly plunged Even her boyfriend lost money on it and he wants it back There’s trouble in memecoin paradise. The boyfriend of Hailey Welch, also known as the “Hawk Tuah girl,” wants back the $300 he...
Las Vegas Sands ‘High Dispersion’ Favorite at Goldman Sachs
Sands stock could remain volatile, but it offers opportunity Some analysts view the name as catalyst-rich and undervalued Amid concerns about the state of the US/China trade relationship and the strength of the Macau comeback, these are volatile times for Las Vegas...
Wynn NYC Casino Plan Opposed by Borough President Levine
Wynn/Related New York casino plan may have suffered another setback Levine rejects necessary zoning alterations The proposal to by Related Cos. and Wynn Resorts to bring a casino hotel to Hudson Yards area of New York City suffered a blow today when...
Texas Sports Betting 2025: Expect a Lone Star Let Down
Texas sports betting legislation surfaces again Odds of passage slim due to opposition from Lt. Gov. Dan Patrick Earlier this week, Rep. Charlie Geren (R-Fort Worth) again filed legislation to give Texas voters the opportunity to have their say on online sports...
DraftKings Raises 2025 Guidance as Q4 Earnings Top Estimates
A positive EBITA outlook saw DraftKings shares surge in after-hours trading on Thursday The increase came after the company increased its topline growth forecast for 2025 DraftKings offers mobile sports wagering in 25 states and Washington, DC Shares of DraftKings (NASDAQ: DKNG)...
IAC Could Boost MGM Stake, Says Diller
IAC already owns about 22% of the casino giant Diller says MGM shares are deeply undervalued IAC/InterActiveCorp (NASDAQ: IAC) could consider boosting its already sizable stake in MGM Resorts International (NYSE: MGM), according to Chairman Barry Diller. Diller, who’s returning as chief...
Sportradar Stock Has More Upside Ahead Says Analyst
Sportradar stock is soaring and some on Wall Street are constructive on the name Contract visibility and a strong balance sheet are among the catalysts Shares of Sportradar (NASDAQ: SRAD) are on a torrid pace, surging nearly 15% over the past month...
Red Rock Sees $120M Durango Expansion Completed by Early 2026
The expansion at Durango Casino & Resort is expected to be finished by January 2026 Durango’s cannibalization of other Red Rock properties is in line with estimates The property’s margins are robust and expanding Red Rock Resorts (NASDAQ: RRR) said its $120...
