4266 stories by Todd Shriber
Kambi Refutes Rumor of Potential Takeover by Genius Sports
Kambi Group Plc (OTC: KMBIF), a provider of technology services to sportsbook operators, denied that it's engaged in takeover discussions with Genius Sports (NYSE: GENI). Speculation recently surfaced that Genius, a data provider to sportsbooks, was mulling a takeover of Sweden-based Kambi,...
Sphere Production Costs, Scalability Issues Prompt Sell Rating
Citing elevated production costs and issues with expansion, an analyst tagged Sphere Entertainment (NYSE: SPHR) stock with a “sell” rating. In a report to clients issued on Tuesday, Benchmark analyst Mike Hickey hit Sphere with the ominous rating and a $40 price...
Hawk Tuah Girl Hailey Welch Inks Podcast Deal with Betr
Hailey Welch who became a viral sensation as “Hawk Tuah girl,” is wading into the world of sports betting, inking a podcast deal with Jake Paul’s Betr. Miami-based Betr has market access for online sports betting in six states, and has an...
Flutter Entertainment Praised in New Coverage by Morningstar
Flutter Entertainment (NYSE: FLUT) won kudos in new coverage by Morningstar, with the research firm lauding the gaming company’s capital allocation, in-house product development, and risk management assets, among other points. In a note out on Tuesday, analyst Dan Wasiolek initiated coverage...
MGM Resorts Upsizes Debt Sale to $850M
MGM Resorts International (NYSE: MGM) announced that it is increasing the size of a planned corporate bond sale to $850 million from the originally planned offering size of $675 million. The largest operator of casino resorts on the Las Vegas Strip is...
Full House Resorts Sells Fallon, Nev. Casino for $9.2 Million
Full House Resorts (NASDAQ: FLL) said Tuesday it's selling Stockman’s Casino in Fallon, Nev. to Clarity Game LLC for $9.2 million. The deal includes the land, building, and select other operating assets. It’s a two-pronged deal in which the buyer will pay...
FanDuel Reclaims OSB Lead, Promo Activity Ticks Up Due to Football
With most states having reported online sports betting (OSB) data for July, Flutter Entertainment ‘s (NYSE: FLUT) FanDuel unit regained the top spot in terms of market share from DraftKings (NASDAQ: DKNG). That according to recent estimates by Stifel analyst Jeffrey Stantial....
BetMGM to Boost Responsible Betting Ads at NFL Stadiums
September is Responsible Gaming Education Month and BetMGM and 50% owner MGM Resorts International are again with working with the American Gaming Association (AGA) to promote accountable wagering practices. The casino giant and the online sportsbook operator will increase exposure of the...
Ex-NYC Council Speaker Quinn Backs Wynn Casino Plan
Christine Quinn, formerly speaker of the New York City Council, threw her support behind a plan by Related Cos. and Wynn Resorts to bring a casino hotel to the West Side of Manhattan. Quinn, now the chief executive officer of Women in...
Genius Sports Has Upside Levers, Says Analyst
Somewhat quietly, Genius Sports (NYSE: GENI) is one of this year’s best-performing sports wagering stocks as highlighted by a year-to-date gain of 23.30%. That includes a 12.72% rally over the past month. Some analysts believe the sports betting data provider has more...
