5079 stories by Todd Shriber
Las Vegas Casino Room Rate Boost May Not Materialize in Q4
Operators previously confirmed Q2 weakness and forecast more of the same for the current quarter Q4 was supposed to be better, but as of today, softness is seeping into October bookings and room rates As confirmed by downbeat second-quarter earnings reports from...
NFL, NCAA Sound Off on Prediction Market Risks
The NFL says prediction markets are now included in its leaguewide betting policy The league says those platforms “mimic sports betting” The NCAA says it’s “deeply concerned” about the rise of prediction markets With the 2025 football season slated to kick off...
Fanatics Partners with Boyd for Missouri Sports Betting License
Fanatics is teaming up with the regional casino operator to enter Missouri Boyd’s first sports betting deal of note since selling its FanDuel stake Fanatics Betting and Gaming said Monday that it’s entering Missouri’s sports wagering market via a partnership with regional...
Jackpot.com Rising Player in Online Lottery Niche
Jackpot.com carving out niche in lottery courier space Internet lottery is an overlooked, though fast-growing gaming segment With Monday night’s Powerball drawing ranking as the 10th-richest on record at $750 million, lottery fever is back and that could shine a light on...
Macau Casino Stocks Have More Upside Potential, Says Analyst
Jefferies prefers Sands, Wynn among US-based Macau operators Gross gaming revenue (GGR) data supportive of further upside Last week was a banner period of GGR increases for Macau casinos Against the backdrop of resurgent gross gaming revenue (GGR) data, Macau casino stocks...
Caesars Stock Rallies on Powell’s Dovish Comments
Fed chairman implies rate cuts are on the table Caesars is one of the most rate-sensitive casino stocks Caesars Entertainment (NASDAQ: CZR) was among the leaders in a Friday rally by casino stocks -- one facilitated in large part by Federal Reserve...
SharpLink Gaming Soars on $1.5 Billion Repurchase Plan
Shares of giant Ethereum holder soar on news of buyback plan Company says it will repurchase up to $1.5 billion of its common stock Shares of SharpLink Gaming (NASDAQ: SBET) surged Friday after the betting affiliate turned Ethereum holder said it will...
DraftKings Prediction Markets Entry Could Differ From FanDuel, Says Analyst
DraftKings’ prediction market foray could differ from FanDuel’s, says analyst It could also be more expensive, but that would allow DraftKings to reap more rewards Following news that Flutter Entertainment’s (NYSE: FLUT) FanDuel is partnering with CME Group (NASDAQ: CME) to bring...
Fanatics’ $31 Billion Valuation Ranks it Among Most Valuable Unicorns
Fanatics in the top 20 among world’s most valuable unicorns Sports apparel and gaming company is valued at $31 billion Sports apparel and betting company Fanatics is one of the most valuable unicorns in the world, though it has a long way...
DraftKings, PrizePicks, Others May Be Readying Prediction Market Plans
NFA registry indicates DraftKings may again be evaluating prediction markets entry Fanatics also has a filing with the NFA PrizePicks, Underdog Fantasy also mulling NFA membership A batch of recent filings with the National Futures Association (NFA) indicate that DraftKings (NASDAQ: DKNG)...
