4975 stories by Todd Shriber
DraftKings CEO on Illinois Tax Hike: ‘Crazy How it All Went Down’
DraftKings boss calls latest Illinois tax hike “ill conceived” Company recently announced it will apply a fee of 50 cents per bet in the state DraftKing (NASDAQ: DKNG) co-founder and CEO Jason Robins is none too pleased with Illinois’ latest sports betting...
MGM China Resurgence Tops Macau Rivals, Says Analyst
MGM China runs two Macau casino hotels Operator benefiting from addition of more table game capacity Macau's gross gaming revenue (GGR) remains below the heights notched before the coronavirus pandemic, but recent data indicate a rebound could be materializing in the special...
The Strat Casino Debuts Rewards Program for Las Vegas Locals
Golden Entertainment-owned casino hotel launches loyalty plan targeting Las Vegas locals segment Program includes free parking The Strat Hotel, Casino & Tower introduced a new loyalty program -- “Strat True Locals” -- geared toward Las Vegas locals. Strat True Locals is a...
Full House Stock Surges as CEO Lee Buys 276K Shares
Stock soars on news of CEO share purchase Regional casino operator extends Lee’s contract through June 2030 Shares of Full House (NASDAQ: FLL) are higher by 18.10% on volume that’s already approaching the daily average in early trading Wednesday following the release...
Bet365 Could Bid for Open New York Sports Betting License
License coming open because Resorts World Bet is leaving at end of June New York is one of the largest markets Bet365 has yet to enter Bet365 is rumored to be considering a bid for a soon-to-be vacated online sports betting permit...
Casino Association of New Jersey Joins Fight Against Kalshi
Trade group representing New Jersey casinos files amicus brief in support of state’s appeal of Kalshi injunction Joins increasing list of groups filing amicus briefs against prediction markets giant Similar move occurred in Nevada earlier this month The Casino Association of New...
DraftKings, Flutter Credit Ratings Safe Despite Tax Hikes
Higher sports betting taxes unlikely to harm DraftKings, Flutter credit profiles Operators’ ratings reflect sector momentum, says Fitch The corporate credit profiles of Flutter Entertainment (NYSE: FLUT) and DraftKings (NASDAQ: DKNG) are unlikely to suffer at the hands of recent state-level tax...
Two Vora Nominees Joining Penn Board, Clifford Garners Majority Support
HG Vora nominees Hartnett, Ruisanchez joining Penn Entertainment board Clifford receives majority support as well His fate could be determined in court At Penn Entertainment’s (NASDAQ: PENN) annual meeting today, the regional casino operator formally accepted two HG Vora candidates to its...
BetMGM Ups 2025 Guidance, Sees EBITDA of $100 Million on $2.6 Billion in Sales
BetMGM guidance now well ahead of forecasts announced earlier this year Sees momentum across both iGaming and sports betting Operator says first-quarter strength carried over into current quarter Supported by strength in its iGaming and sports wagering operations, BetMGM lifted its 2025...
GAMBLER Act Would Direct Sports Betting Tax to ICE
Ohio Republican proposes directing federal sports betting tax funds to ICE Bill was introduced Friday, following several days of protests in major cities against the immigration enforcement agency Rep. Mike Rulli (R-OH) on Friday introduced the Giving Alien Migrants Back through Lawful...
