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Todd Shriber
5762 stories by Todd Shriber
Sportradar Forecasts Big Earnings, Revenue Growth
Stock trades higher as company forecasts big bottom, top line growth Sees expanded use of artificial intelligence (AI) Shares of Sportradar (NASDAQ: SRAD) closed higher Tuesday after the sports betting data provided told shareholders it...
Wynn to Enjoy Potentially Lengthy UAE Monopoly, Says CBRE
Wynn likely to have longer-than-expected head start in UAE Regulators unlikely to approve second casino license over near term Albeit temporary, Wynn Resorts’ (NASDAQ: WYNN) monopoly over casino gaming in the United Arab Emirates (UAE)...
Bally’s Hit With Credit Downgrade on Chicago Casino Risk
Bally’s credit rating approaching dubious “CCC” territory Risks in Chicago among reasons for downgrade Due in part to risk tied to the operator’s Chicago casino hotel plans, Bally’s (NYSE: BALY.T) saw its credit rating downgraded...
Light & Wonder Stock Hindered by Legal Woes, Says Analyst
Stock is reeling amid specter of more legal issues Aristocrat Dragon Train litigation could be expanded to include another game Shares of Light & Wonder (NASDAQ: LNW) slid nearly 11% last Friday, a slump that...
Kalshi Takes Legal Action Against Nevada, New Jersey Regulators
Prediction markets operator believes it's protected under Commodities Exchange Act Kalshi is seeking immediate injunctive relief in the states after regulators issued cease-and-desist letters Prediction markets giant Kalshi has filed suits against the Nevada Gaming...
Queens Casino Plan Lifted by Liu Parkland Bill
Cohen’s Queens casino pitch gets boost from parkland bill Legislation is pivotal to hopes of bringing casino to Willets Point A plan by New York Mets owner Steve Cohen to bring a casino hotel to...
Churchill Downs Named Top Risk-Reward Idea Among Gaming Stocks
Stock has slumped this year Investments at Kentucky racetrack could pay dividends As confirmed by 16.71% year-to-date decline, Churchill Downs (NASDAQ: CHDN) is following other gaming stocks to the downside since the start of 2025...
Robinhood Told to Scrap March Madness Contracts in New Jersey
Regulatory action comes ahead of massive weekend of college hoops betting Partner Kalshi also told to cease-and-desist in New Jersey The New Jersey Division of Gaming Enforcement (NJDGE) issued cease-and-desist letters to Robinhood Markets (NASDAQ:...
bet365 Could Be Takeover Target, Says Research Firm
Bet365 could now be a more attractive takeover target Price could be steep, assuming Coates family wants to sell Bet365 could be a takeover target as the UK sportsbook behemoth pulls back from Asia and...
Underdog Valued at $1.23 Billion Following Latest Funding Round
Daily fantasy sports giant now valued at more than $1 billion Valuation could move higher because funding round is still open Underdog Fantasy Sports is now valued at $1.23 billion following a $70 million funding...
