Writer: David McKee
Churchill Downs’s United Tote sale finally closes
It took 20 months, but the sale of half of United Tote to NYRA Content Management Solutions, a subsidiary of the New York Racing... more
New York sports-betting handle up, hold down
Bettors wagered four percent more on New York State online casinos in March. But winnings for OSB providers dropped seven percent. The... more
Analyst: Lottery an incentive to buy IGT
Resuming coverage of International Game Technology (IGT) yesterday, B Riley Securities analyst David Bain gave it a “Buy” rating and... more
Analyst “neutral” on Everi, emphasizes value at share price target of $12
Saying that its probable price range was “bound, for now,” B Riley Securities analyst David Bain put a “neutral” rating on Everi... more
Analyst: Game maker AGS undervalued with “multiple upside levers”
“It’s go time!” proclaimed B Riley Securities analyst David Bain as he resumed coverage of AGS yesterday with a $16-per-share price... more
DFS company expands in Georgia
PrizePicks, which bills itself as “the largest daily fantasy sports operator in North America,” is moving from one site in Atlanta to a... more
DraftKings announces closer ties to sport of kings
DraftKings was assured of a prominent role in New York State horse racing, thanks to a newly announced sponsorship. The Boston-based... more
Survey: DraftKings “a clear winner”
Consumer preferences for igaming and online sports betting (OSB) were the subject of a recent Truist Securities survey. Now the results are... more
Analyst sees opportunity in DraftKings drop-off
When DraftKings’s stock dipped Wednesday following a multiplicity of adverse headlines, J.P. Morgan analyst Joseph Greff saw an... more
Galaxy chief credits EZ Baccarat with improved performance
Reflecting on Galaxy Gaming’s improved profitability and revenue in the final quarter of 2023, CEO Matt Reback gave his company’s EZ... more
