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Todd Shriber
5655 stories by Todd Shriber
Prediction Markets Threaten Tribal Casino Revenue, Warns Indian Gaming Leader
Native American casinos could lose up to 25% of their gaming revenue as soon as next year if prediction markets continue expanding unchecked, according to California tribal gaming leader James Siva. California Nations Indian Gaming...
Survey: Healthcare Students Are Turning to Prediction Markets and OnlyFans to Pay Tuition
Aspiring doctors, nurses, and other healthcare students are turning to adult content, prediction markets, and sports betting to pay down steep tuition bills, according to new survey data. Bettors at a sportsbook. Healthcare students are...
Monarch Casino Eyeball M&A Expansion, Keeps Acquisition Targets Under Wraps
Reporting second-quarter financial results late Monday, Monarch Casino & Resort (NASDAQ: MCRI) once again expressed interest in pursuing strategic acquisition targets. Monarch Casino Resort Spa in Black Hawk, Colo. The operator reiterated its interest in...
Accel Secures 600 Nevada VGTs in Green Valley Grocery Agreement
Distributed gaming operator Accel Entertainment (NYSE: ACEL) is expanding its Nevada footprint by adding 600 machines through a new agreement with Green Valley Grocery convenience stores. The Accel Entertainment logo. The company is adding 600...
Bernstein: Robinhood Prediction Markets Could Generate $1.7B by 2028
Shares of Robinhood (NASDAQ: HOOD) traded higher Monday (July 20) after Bernstein analyst Gautam Chhugani raised his price target on the stock to $160, citing rapid growth in the retail brokerage’s prediction market operations. An...
Playtika Stock Dips on Report It May Sell SuperPlay to Tencent for Up to $1.5B
Shares of Playtika (NASDAQ: PLTK) tumbled Monday (July 20) following reports the mobile gaming company is in talks to sell its SuperPlay unit to Tencent (OTC: TCEHY) in a deal worth up to $1.5 billion....
Polymarket Leads World Cup Odds as Prediction Markets Capture 27% of Betting Volume
Polymarket offered superior pricing throughout the World Cup, marking the second consecutive major sporting event in which a prediction market exchange beat legacy sportsbooks on price. Polymarket was the pricing leader during the World Cup,...
Rush Street Interactive Stock Scoring World Cup Goals
The World Cup winner will be crowned today, but in terms of the intersection of the tournament and sports wagering stocks, there’s already a clear winner: Rush Street Interactive (NYSE: RSI). The Rush Street Interactive...
Michael Burry Adds to DraftKings Stake, Says Thesis Unaltered
Famed investor Michael Burry disclosed Friday (July 17) that he has increased his recently initiated long position in online sportsbook giant DraftKings (NASDAQ: DKNG). Michael Burry said on July 17 that he added to his...
Underdog Debuts Prediction Market on In-House Exchange
Underdog, the sports gaming company that disrupted daily fantasy sports (DFS), has launched a wholly-owned prediction market exchange. The move allows the company to control a greater share of the economics behind trading event contracts....
