5750 stories by Todd Shriber
Casino Landlord VICI Raises Its Dividend Again
With the stock down nearly 9% year-to-date even as the broader real estate sector is generating upside, VICI Properties (NYSE: VICI) shareholders haven’t had much to cheer about, but they received some good news late...
Caesars Takeover Draws Scrutiny from Law Firm
A New York law firm is renewing its scrutiny of Fertitta Entertainment Inc.’s (FEI) proposed $17.6 billion takeover of Caesars Entertainment (NASDAQ: CZR) that values the target at $31 a share. Caesars Palace on the...
Jefferies: SCOTUS Could Hear Prediction Markets Case Between November and June
Following recent, opposing rulings on prediction market cases by the Third and Ninth Circuit Courts of Appeals, consensus is building in the investment and legal communities that it’s just a matter of time before the...
Fanatics Unveils All-in-One App Combining Sportsbook and Prediction Markets
Fanatics launched a consolidated sports betting, casino, and prediction market app Thursday, embracing a single-platform "super-app" strategy to streamline its wagering operations. A logo for Fanatics Casino. The company launched a new super app featuring...
Novig, Underdog Surge in Fast-Growing Prediction Market Combos
Multi-leg "combos" are becoming a primary driver for sports prediction markets, as platforms like Novig and Underdog aggressively expand their parlay offerings. The Underdog logo. The company is asserting itself in the prediction market sports...
Las Vegas Sands Pushes Sands China Ownership Beyond 75%
Las Vegas Sands (NYSE: LVS) has pushed its stake in Sands China past the 75% mark, acquiring additional equity in the Macau operator through small market purchases. Sands China's Venetian Macau. Las Vegas Sands slightly...
Prediction Market Rothera Taps Stats Perform for Sports Event Data, Settlement
Rothera, the prediction market that’s a joint venture between Robinhood Markets (NASDAQ: HOOD) and Susquehanna International Group, announced it selected Stats Perform as the exchange’s data provider for sports event contracts. Robinhood's Rothera selected Stats...
Media, Sports Deals Complicate Prediction Market Regulation, Think Tank Warns
As prediction markets blend further into mainstream sports and media, regulating the nascent industry will become far more difficult—and the political will to do so risks eroding entirely. Regulating prediction markets is likely to grow...
Donald Trump Jr.’s Firm Pours Another $300M Into Polymarket
Donald Trump Jr.’s venture capital firm 1789 Capital is reportedly a key player in a $1 billion financing round for Polymarket and will contribute $300 million to the cause. Donald Trump, Jr.'s 1789 Capital is...
Crypto.com Teams Up With PYMNTS for First-Ever AI Event Contracts
Crypto.com and PYMNTS Intelligence—the research arm of PYMNTS—are launching what they call the first event contracts dedicated to tracking AI adoption and deployment. Crypto.com and PYMNTS are introducing the first AI-based event contracts. (Photo by...