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Todd Shriber
5705 stories by Todd Shriber
MGM Taking Airline Approach to Boosting Earnings
Moves follows increased parking prices and resort fees Higher ATM fees, recycling furniture among initiatives In a bid to boost earnings and cut costs, MGM Resorts International (NYSE: MGM)is taking a page from the airline...
Penn Entertainment Stock Could Be Durable in Mild Recession
Penn Entertainment stock has been a laggard Thesis belies conventional view of gaming stocks in recessions In what may come as a surprise to some investors, Penn Entertainment (NASDAQ: PENN) could be among the more...
Bangkok, Phuket Among Cities for Initial Thailand Casinos
Capitol city, three others named as initial homes to Thai casinos Ministry of Finance still considering public comment on casino gaming With casino gaming legislation advancing in Thailand, the country has named Bangkok, Chon Buri,...
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...
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...
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...
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...
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,...
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...
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...
