5218 stories by Todd Shriber
Rush Street Interactive Stock Rallies as Colombia Concerns Abate
The stock slumped last Friday on fears regarding a Colombian tax plan It rebounded somewhat Monday as confusion waned Rush Street Interactive (NYSE: RSI) is one of Monday’s gaming stock standouts amid a relief rally following a significant pullback last Friday. In...
CME Eyes Sports Contracts, FanDuel Role Unclear for Now
Report suggests CME Group could offer sports event contracts before the end of 2025 FanDuel’s role, if any, isn’t yet known CME Group (NASDAQ: CME), the owner of the Chicago Mercantile Exchange (CME), is reportedly looking to offer sports event contracts by...
Kraken $100M Acquisition Paves Way for Prediction Markets Entry
Cryptocurrency broker is buying Small Exchange from IG Group for $100 million Deal sets stage for Kraken to enter US prediction markets space Cryptocurrency brokerage firm Kraken is buying Small Exchange from IG Group for $100 million, marking the latest example of...
DraftKings, FanDuel Q4 Hold Rates in Focus Ahead of Q3 Earnings
Operators struggling to capture maximum benefits of NFL season If Q4 holds disappointment, 2026 consensus estimates could be lowered, says analyst Quarter-to-date hold in New York is pacing at 8.6%, below the prior three quarters Prediction markets have delivered headline pressure on...
Times Square Casino Hopes Not Entirely Dead, Says SL Green CEO
Times Square casino plan was first in New York rejected by a CAC SL Green CEO says it’s not “completely dead” Caesars Palace Times Square was the first of the New York City casino proposals to be rejected by a community advisory...
MGM Selling Ohio Casino to Clairvest for $546 Million
MGM is unloading an Ohio casino/racetrack to private equity funds for $546 million Rumor of sale dates back to Q1 of 2024 MGM Resorts International (NYSE: MGM) announced Thursday that it's selling the operating rights of the MGM Northfield Park racino near...
MGM Departure Stokes Concern on Resorts World New York Outlook
MGM departure raises worries about returns on Resorts World New York Operator Genting already dealing with tepid performance at other North American gaming venues Genting New York proposal includes some of industry’s highest tax rates MGM Resorts International (NYSE: MGM) rocked the...
FanDuel Launches Internet Casino Rewards Plan in Four States
Operator introduces FanDuel Casino Rewards Club Program is available to bettors in Michigan, New Jersey, Pennsylvania, and West Virginia FanDuel said today it is introducing an internet casino rewards program known as FanDuel Casino Rewards Club. The loyalty plan will be available...
PrizePicks Lands New York DFS License
Operator’s peer-to-peer model helps it reenter New York Not clear if PrizePicks is eyeing a sports betting license in the state Daily fantasy sports (DFS) operator PrizePicks said today it won approval to reenter New York, promising to launch peer-to-peer DFS games...
Gran sorpresa en la Gran Manzana: MGM retira su solicitud para abrir un casino en Nueva York
Gran sorpresa en la Gran Manzana: MGM retira su solicitud para abrir un casino en Nueva York La empresa también mencionó la posibilidad de obtener una licencia de 15 años, la mitad de lo que se esperaba inicialmente Es una de las...
