4975 stories by Todd Shriber
LVS Top Gaming Name on Forbes 2000 List, Flutter Lone OSB Stock
Las Vegas Sands ranked largest gaming company in the world by Forbes Flutter is lone dedicated iGaming/sports betting stock making the cut Las Vegas Sands (NYSE: LVS) is the top-ranked gaming company in the latest edition of the Forbes Global 2000 rankings....
BetMGM, Caesars Won’t Follow Rivals with Illinois Surcharge, Says Analyst
FanDuel, then DraftKings announced transaction fees in the state BetMGM, Caesars probably won’t follow suit, says analyst This week, FanDuel and then DraftKings (NASDAQ: DKNG) announced levies of 50 cents per wager in Illinois in response to the state’s latest online sports...
DraftKings Follows FanDuel, Implements Illinois Surcharge
DraftKings to implement per bet levy of 50 cents in Illinois Rival FanDuel announced the same fee in the state earlier this week Expressing disappointment that Illinois has tripled its tax rate over the past two years, DraftKings (NASDAQ: DKNG) said Thursday...
Fertitta Displeased with Wynn Executives, Share Price
Lawyer makes comments at NGCB meeting First time anyone connected to the investor has been openly critical of Wynn Attorney says Fertitta will remain passive investor A lawyer for Tilman Fertitta’s eponymous gaming and leisure company told Nevada regulators Wednesday that his...
Bally’s Bronx Casino Plan Scores Victory with Mayor’s Help
City Council votes to advance parkland alienation bill Legislation, essential to Bronx casino effort, now heads to Albany In its quest to bring a casino hotel to the Bronx, Bally’s scored a much-needed victory Wednesday when the New York City Council, with...
DraftKings Emerging as Live Betting Leader, Says Jefferies
In-game wagering increasingly popular among US bettors Trend could benefit DraftKings, Sportradar Female bettors embracing live wagers, too In-game, or live wagering is taking off in the US and that trend has investment implications DraftKings (NASDAQ: DKNG) and Sportradar (NASDAQ: SRAD) potentially...
Genius Sports Adds Digital Advertising to NFL Partnership
New deal runs through 2029 Expanded partnership includes advertising on BetVision as well as NFL-owned digital platforms Shares of Genius Sports (NYSE: GENI) gained 3% Wednesday after the sports betting data provided announced an expanded, extended agreement with the NFL. Genius paid...
Schiff Presses Quintenz on Event Contracts, Tribal Sovereignty
CFTC nominee Quintenz appeared before Senate Ag Committee Adam Schiff of California pressed nominee on his views on sports event contracts possibly violating tribal sovereignty, state gaming compacts with Indian Country Brian Quintenz, President Trump’s pick to lead the Commodities Futures Trading...
Combined Everi/IGT Will Be Bigger Than Aristocrat, Light & Wonder
Assessment is based on installation base, not market value Transaction expected to close in a matter of weeks When Apollo Global Management (NYSE: APO) puts the finishing touches on its $6.3 billion acquisition of Everi (NYSE: EVRI) and International Game Technology’s (NYSE:...
Kalshi Investor Schwab Staying Abreast of Prediction Market Developments
Schwab says it’s keeping an eye on prediction markets though it has no imminent plans Remarks come after Kalshi co-founder Tarek Mansour said more brokerage firms will integrate prediction markets on their platforms Charles Schwab, the brokerage firm that’s a Kalshi investor,...
