Main menu
Todd Shriber
5798 stories by Todd Shriber
Robinhood Will Be First Broker to Offer Cboe Earnings-Linked Prediction Markets
Announced at the company’s third annual HOOD Summit in Houston, Robinhood Markets (NASDAQ: HOOD) will be the first retail broker to offer Cboe Global Markets (BATS: CBOE) event contracts linked to corporate earnings reports and...
Steve Wynn Fighting Mamdani Pied-à-Terre Tax, Says It’s ‘Unconstitutional’
Businessman Wilbur Ross and former casino magnate Steve Wynn are suing New York over Mayor Zohran Mamdani’s (D) pied-à-terre tax, which they claim is unconstitutional. Steve Wynn is part of a lawsuit seeking to block...
Polymarket Hires Former Goldman Sachs Partner to Steer Institutional Growth
As part of a broader effort to lure more business from institutional market participants, Polymarket announced today that it hired former Goldman Sachs partner Lisa Mantil as head of institutional growth. A Polymarket billboard. The...
Coinbase, CMCC Invest in Prediction Market Liquidity Provider Raven at $90M Valuation
Raven, a liquidity provider to prediction markets, recently closed a financing round led by Coinbase Ventures and CMCC Global that values the firm at $90 million. Coinbase and CMCC Global invested in Raven, a market...
Flutter Stock May Have Overreacted to Brazil iGaming, Sports Betting Ban
Shares of Flutter Entertainment (NYSE: FLUT) slumped on Monday after Brazil announced a ban on iGaming and online sports betting (OSB), but that may be a case of overreaction because the company’s operations there represent...
Century Casinos Unloading Two Alberta Gaming Venues for $16.4 Million
As part of an effort to trim its international portfolio and generate value for investors, Century Casinos (NASDAQ: CNTY) announced today that it is selling two Alberta gaming venues. Highfield Investment Group will acquire the...
Prediction Market Users Aren’t the Mathematicians They Think They Are
Prediction market users may think they’re good at math, but a new study from the American Gaming Association (AGA) says many of those bettors/traders aren’t as mathematically proficient as they think they are. A study...
Seaport: Diller Could Make Another Run at Casino Giant MGM
The saga that is the MGM Resorts International (NYSE: MGM)/People Inc. (NASDAQ: PPLI) takeover situation may be far from over as one analyst is speculating that Barry Diller’s media company could make another run at...
Tables Turned: MGM May Swoop In with Bid for Diller’s People
The hunted may now be the hunter, as MGM Resorts International (NYSE: MGM) is rumored to be mulling an acquisition of People Inc. (NASDAQ: PPLI) -- the media company that pursued a takeover of the...
Flutter Stock Could Rebound with Help from Supreme Court
Perhaps the best thing for Flutter Entertainment (NYSE: FLUT) would be for the U.S. Supreme Court to hand down a ruling that impairs prediction markets. A FanDuel logo. An analyst says parent company Flutter would...
