4509 stories by Todd Shriber
Churchill Downs, MGM Among Top Gaming Equity Ideas Ahead of Q2 Earnings
Second-quarter earnings season kicked off this week, and it’s just a matter of days before gaming companies step into the earnings confessional. In aggregate, gaming equities lagged the S&P 500 in the first half of the year. But Churchill Downs (NASDAQ: CHDN)...
PlayUp Reportedly Close to Selling US Unit to Public Company
Australia-based PlayUp is close to selling its US operations to an unidentified public company, and will embark upon a significant restructuring, including sizable layoffs. Legal Sports Report’s Matthew Waters broke the news on Wednesday, citing PlayUp CEO Daniel Simic. As was the...
DraftKings Stock Soars as BofA Analyst Sees Inflection Point Nearing
DraftKings (NASDAQ: DKNG) extended its July rally Wednesday on the back of bullish comments from Bank of America analyst Shaun Kelley. In midday trading, the stock is higher by 5.32% on volume that’s already exceeded the daily average. That extends its gains...
Hyatt, MGM Ending Points Partnership
Hyatt Hotels Corp. and MGM Resorts International announced they're ending a rewards club reciprocal agreement that dates back a decade. The World of Hyatt and MGM Rewards partnership will be scrapped effective September 30. Existing reservations made by World of Hyatt members...
Wynn Las Vegas Again Top Sin City Hotel on Travel + Leisure Rankings
For a fourth consecutive year, Wynn Las Vegas was named the best hotel in the US casino center by Travel + Leisure. The publication’s “best of” rankings include airports, cities, hotels, resorts, and more. Each year, Travel + Leisure polls readers in...
Chippy Start to 26 Capital, Okada Manila Trial
Legal proceedings commenced Monday for 26 Capital Acquisition Corp.’s (NASDAQ: ADER) efforts to finally bring Okada Manila public, and things got testy. Jason Ader, the chief executive officer of the special purpose acquisition company (SPAC), told the Delaware Court of Chancery that...
News Corp Nearing Do or Die Date on FOX Bet
News Corp (NASDAQ: NWSA) is nearing an important decision on FOX Bet -- one that could determine the future of the online sportsbook. In August, Flutter Entertainment (OTC:PDYPY) can leave FOX Bet on the curb, forcing News Corp to take control of...
Bellagio Real Estate Sale Could Lift Casino Stocks Says Analyst
Speculation is swirling that Blackstone’s (NYSE: BX) Blackstone Real Estate Income Trust (BREIT) could sell the real estate of Bellagio on the Las Vegas Strip. One analyst believes that if the real estate investment trust (REIT) proceeds down that path, there will...
Donald Trump Seen with UFC Boss White at Red Rock Casino
Former President Donald Trump was seen with Ultimate Fighting Championship (UFC) President Dana White Saturday at Red Rock Casino Resort and Spa, just hours before “UFC 290.” The 45th US president is a well-known UFC fan, having attended multiple events of the...
‘Daily Wager’ Ratings Soar, but ESPN Reportedly Boots Host
ESPN says ratings for its “Daily Wager” program that airs on ESPN 2 are increasing. But the future of host Doug Kezirian is in limbo. In a Thursday tweet, the sports broadcaster’s public relations department said “Daily Wager’s” ratings for the most...
