4975 stories by Todd Shriber
Riot Games Criticized for Embrace of Sports Betting Sponsorships
Game developer’s decision to consider sports wagering sponsorships met with criticism in eSports community eSports has had past brushes with betting scandals Last week, Riot Games announced it’s opening top-tier teams in its League of Legends and Valorant and eSports competitions to...
Hard Rock Suspends Pariente, Commences Internal Investigation
Hard Rock suspends executive without paying following allegations of money structuring, unpaid markers Emails to higher-ups from gaming industry insider may have been tipping point Hard Rock International announced today that it suspended executive Alex Pariente without pay pending an internal investigation...
Polymarket Crypto Ties Allow for Efficient Scaling
Prediction market uses Polygon cryptocurrency and runs on the Ethereum blockchain Polymarket crypto ties can boost company’s scaling efforts, create cost efficiencies for traders Polymarket’s ties to cryptocurrency breaks with past iterations of prediction markets and could give the exchange a leg...
California Could Soon Make Fantasy Sports Illegal
Attorney General expected to release decision in coming days Lawmaker believes daily fantasy sports is a game of chance, which is prohibited under California law California Attorney General Rob Bonta (D) is expected to soon release an opinion rendering all fantasy sports...
Online Betting Stocks Can Extend Momentum Says Analyst
Online betting stocks have been on torrid paces of late Analysts sees DraftKings, data providers as top picks Online betting stocks, both of the business-to-business and consumer-facing varieties, have been ripping higher of late, and at least one analyst expects that momentum...
Hard Rock Informed of Alex Pariente’s Money Misdeeds in 2020, Says Whistleblower
Second whistleblower said they notified Hard Rock compliance of exec’s money structuring endeavors in August 2020 Source says Pariente hired unscrupulous junket representatives Pariente allegedly approved markers for multiple Latin American gamblers tied to corruption cases in the region A second whistleblower...
Sportradar Most AI-Advanced Gaming Company, Says Analyst
Artificial intelligence (AI) adoption still in early innings in gaming industry Sportradar in AI pole position in broader travel and leisure space When it comes to adoption of artificial intelligence (AI), Sportradar (NASDAQ: SRAD) is the most advanced not only in the...
Kalshi Valuation Reaches $2 Billion Following $185 Million Funding Round
Several investors participated in Series C funding round CEO Mansour says Kalshi is one of the fastest-growing companies in the US Prediction markets giants Kalshi announced Wednesday that it raised $185 million, pushing its valuation to $2 billion. The Series C funding...
Light & Wonder Surges After Court Limits Disclosures in Aristocrat Suit
Court ruling limits disclosures Light & Wonder must make to Aristocrat Judge says Aristocrat must identify specific trade secrets its attempting to protect Shares of Light & Wonder (NASDAQ: LNW) soared Wednesday after the company won a favorable court ruling in slot...
Sharpton Endorses Caesars Palace Times Square, Investment Open to Locals
Civil rights activist supports Caesars New York City casino plan News arrives two days before applications are due for downstate licenses Opposition to the proposal remains The effort to bring a casino hotel to Times Square in New York City received a...
