4781 stories by Todd Shriber
Star Entertainment Pressing Bally’s to Up $158M Takeover Bid
***UPDATE*** Late Sunday, news broke that Star Entertainment has accepted an offer from Bally’s that will see the US-based regional casino operator take majority control of the Australian gaming firm. Bally’s is paying $149.8 million to acquire Star with investor Bruce Mathieson...
California Tribes Refute Claims of DraftKings, FanDuel Agreement
Tribes say there’s no agreement in place with commercial sportsbook operators They said a reporter wasn't supposed to be at “private roundtable” It appears as though commercial sportsbook operators may have committed another gaffe in California. Two days ago, a report surfaced...
Miriam Adelson Leads Casino Names on Forbes Billionaires List
Adeslon again leads gaming names on Forbes list She’s also among the richest women in the world Dr. Miriam Adelson again leads the names with ties to the gaming industry on Forbes’ latest rankings of global billionaires. The widow of former Las...
Wynn NYC Casino Faces Call to Pull Rezoning Application
Comptroller Lander says rezoning is an effort to “undermine” Critics claim new plan lacks community input Related Cos.’ plans to develop the next phase of Hudson Yard in Manhattan, which includes a bid for casino hotel that would be operated by Wynn...
Cohen Enhances Queens Casino Bid with Housing Pledge
Hard Rock, Mets owner partnering with developer Plan calls for 450 affordable housing units near proposed Queens casino site New York Mets owner Steve Cohen and Hard Rock International are attempting to boost their chances of winning a license for a proposed...
Kalshi Lawyer Leaves for DOGE Role as State Legal Challenges Rise
Eliezer Mishory reportedly departing Kalshi for DOGE job tied to the SEC Move comes as prediction markets operator is facing state-level legal issues In a move some market observers are characterizing as a case of interesting timing, Eliezer Mishory is reportedly leaving...
Light & Wonder Rallies on ‘Dragon Train’ Suit Update
Company reaffirms 2025 EBITDA target of $1.4 billion Says it halted development of a new slot machine to address Aristocrat concerns Shares of Light & Wonder (NASDAQ: LNW) gained 4.64% today on above-average volume after the slot machine manufacturer updated investors on...
If Bally’s Wins Bronx Casino License, Trump Gets $115M Windfall
Potential payment included in agreement to acquire golf course operating rights Bally’s bought lease rights for Ferry Point course in 2023 If Bally’s is successful in procuring a Bronx casino license, that would mean a $115 payday for the Trump Organization, which...
Sportradar Forecasts Big Earnings, Revenue Growth
Stock trades higher as company forecasts big bottom, top line growth Sees expanded use of artificial intelligence (AI) Shares of Sportradar (NASDAQ: SRAD) closed higher Tuesday after the sports betting data provided told shareholders it expects massive earnings and revenue growth through...
Wynn to Enjoy Potentially Lengthy UAE Monopoly, Says CBRE
Wynn likely to have longer-than-expected head start in UAE Regulators unlikely to approve second casino license over near term Albeit temporary, Wynn Resorts’ (NASDAQ: WYNN) monopoly over casino gaming in the United Arab Emirates (UAE) could last longer than expected. Wynn Al...
