5316 stories by Todd Shriber
Rush Street Interactive Broadens LatAm Reach with Peru Entry
Rush Street Interactive (NYSE: RSI) is expanding its Latin American footprint, announcing Monday that it launched its RushBet iGaming and sports betting offering in Peru. Peru authorized new online gaming regulations last November. The country is the third in the region in...
UAE Approves First Lottery, Could Set Stage for Wynn Casino
Over the weekend, the General Commercial Gaming Regulatory Authority (GCGRA) -- the United Arab Emirates’ (UAE) first gaming regulatory agency -- approved a lottery license for an Abu Dhabi-based company, stoking speculation that move could pave the way for casino gaming in...
BetMGM Posts First Half Revenue of $1B, Calls 2024 ‘Year of Investment’
In its first half financial update, BetMGM said net revenue through the first six months of 2024 was $1 billion, a 6% increase from the year-earlier period. The operator added that based on gross gaming revenue (GGR) share for iGaming and online...
Bally’s Chairman Kim Says Company is Committed to Las Vegas
With the company accepting a takeover offer from its largest shareholder and the fate of the Tropicana site on the Las Vegas Strip still up in the air, Bally’s (NYSE: BALY) signaled commitment to Sin City. In an interview with the Las...
Bird Friendly Chicago Raises Concerns About Bally’s Casino
William Blake once said “No bird soars too high if he soars with his own wings,” but birds flying around the site of Bally’s permanent casino hotel in Chicago should be careful. Bird Friendly Chicago, a group comprised of the Chicago Ornithological...
PrizePicks Hires Bank to Scout for Acquisition Opportunities
Daily fantasy sports (DFS) giant PrizePicks reportedly hired investment bank Moelis & Co. to hunt for acquisition opportunities. Bloomberg broke the news late Thursday, citing unidentified sources with knowledge of the matter. One of the sources told the outlet the gaming company’s...
Apollo Surprises With $6.3B Bid for Everi, IGT Gaming Biz
Shares of Everi (NYSE: EVRI) and International Game Technology (NYSE: IGT) surged Friday after Apollo Global Management (NYSE: APO) emerged as a surprise bidder for Everi and IGT’s global gaming and PlayDigital arms. The private equity firm offered $6.3 billion for those...
Boyd Gaming Open to M&A, Execs Evasive on Penn Rumor
Boyd Gaming (NYSE: BYD) executives said they’re open to acquisitions, but they didn’t specifically mention Penn Entertainment (NASDAQ: PENN) on their company’s second-quarter earnings conference call on Thursday evening. There was no direct mention of Penn on the call. Speculation that Penn...
Times Square Casino Plan Draws Opposition from Theater Union
The International Alliance of Theatrical Stage Employees (IATSE) is the latest member of the No Times Square Casino Coalition, signaling the Broadway community opposes a plan to bring a gaming venue to the neighborhood. IATSE, which includes Local One stagehands, Local 764...
Bally’s Soars After Accepting Increased Takeover Bid From Standard General
Shares of Bally’s (NYSE: BALY) are higher by more than 25% in late trading after the regional casino operator accepted an increased takeover offer from hedge fund Standard General. The acquisition bid values the gaming company at $18.25 per share, a more...
