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Todd Shriber
5657 stories by Todd Shriber
Fertitta Boosts Wynn Stake as Stock Struggles Amid Tariff Turmoil
Fertitta recently added to Wynn position, taking stake to about 13%. Buys came ahead of Wednesday rally. In what now appears to be a series of series of exceptionally well-timed purchases, Tilman Fertitta added to...
Sphere Pitches Nevada Incorporation, Eyeing Delaware Departure
Sphere Entertainment wants investors to vote on Nevada incorporation List of companies leaving Delaware increasing Sphere Entertainment’s (NYSE: SPHR) marquee venue is located in Las Vegas and its corporate headquarters are in New York, but...
Kalshi CEO Leans on Federal Regulation, Ready for State Fights
Kalshi CEO reiterates that company is regulated at the federal level. Cites federal preemption as supporting factor in company’s state-level battles. Prediction markets operator Kalshi is facing state-level action across the country, including several cease-and-desist...
Flutter, IGT ‘Best in Class’ Gaming Stocks Amid Tariff Unrest
Flutter, IGT could be resilient if a recession materializes, says Stifel. Duo could outperform other gaming stocks as tariff uncertainty lingers. Gaming stocks have been walloped by the US applying tariffs to various trading partners...
Bally’s Star Deal Risky, More Capital May Be Needed, Says CBRE
Bally’s is shelling out nearly $150 million to save the Aussie casino operator Analysts say the transaction is fraught with risks for the buyer News emerged late Sunday that Bally’s (NYSE: BALY.T) is partnering with...
DraftKings Q1 Profits Could Be Damped by March Madness
Strong runs by favorites could weigh on operator earnings. NCAA tournaments could offset Super Bowl momentum. Favorites taking care of business in the NCAA men’s and women’s basketball tournament could be a drag on sportsbook...
Macau Casino Stocks Face Elevated Risk Amid US/China Trade Spat
Macau casino stocks slumps as global stocks tumble US/China trade war seen weighing on gaming equities A fresh US/China war featuring reciprocal and retaliatory tariffs is plaguing Macau casino stocks, elevating risk in the already...
No Liberation for Gaming Supplier Stocks as Tariffs Take Hold
Gaming supplier stocks confront specter of reciprocal tariffs Light & Wonder viewed as among most vulnerable, according to Stifel Gaming equities were savagely repudiated last week as investors digested “Liberation Day” -- President Trump’s plan...
Star Entertainment Pressing Bally’s to Up $158M Takeover Bid
***UPDATE*** Late Sunday, news broke that Star Entertainment has accepted an offer from Bally’s that will see the US-based regional casino operator take majority control of the Australian gaming firm. Bally’s is paying $149.8 million...
California Tribes Refute Claims of DraftKings, FanDuel Agreement
Tribes say there’s no agreement in place with commercial sportsbook operators They said a reporter wasn't supposed to be at “private roundtable” It appears as though commercial sportsbook operators may have committed another gaffe in...
