4977 stories by Todd Shriber
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,...
FanDuel Parent Flutter Unveils Illinois Surcharge
Starting in September, FanDuel will apply 50 cent surcharge per bet made in Illinois Company is first to respond to state’s recent tax increase, the second in a year DraftKings likely to follow suit, says analyst Flutter Entertainment (NYSE: FLUT), the parent...
Resorts World Departing New York Sports Betting Space
Rare casualty in the biggest online sports betting market in the US Resorts World Bet closing up shop on June 30 No effect on parent company’s casino ambitions Resorts World Bet, Genting’s online sports wagering mobile application in New York, is leaving...
Glass Lewis Supports Penn Adding Two Vora Directors
Proxy advisor speaks in favor of Penn directors slate Two others endorsed HG Vora proposal to add three board members Glass Lewis says Clifford isn’t eligible for election With a proxy tussle with HG Vora nearing its conclusion, Penn Entertainment (NASDAQ: PENN)...
Bally’s, Chicago Settle IPO Suit Brought by Excluded White Men
City, gaming company settle litigation stemming from proposed IPO that barred white men Suit was brought by a conservative legal group representing two plaintiffs Bally’s and the city of Chicago settled litigation stemming from a proposed initial public offering (IPO) that under...
HG Vora Makes Final Push for Votes in Penn Proxy Fight
Hedge fund attempting to procure votes for its “Gold Card” directors slate Penn’s annual meeting is scheduled for June 17 Like a politician making a late October play for votes in advance of Election Day, HG Vora is engaging in a final...
Fertitta Wynn Stake to Be Scrutinized by NGCB
NGCB to evaluate Feritta’s suitability as investor in Wynn Likely a perfunctory step because he holds a Nevada gaming license At its Wednesday meeting, the Nevada Gaming Control Board (NGCB) will assess Tilman Fertitta’s suitability as a shareholder in Wynn Resorts (NASDAQ:...
Penn Fires Back at ISS, Says Clifford Candidacy Is Flawed
Casino operator responds to proxy advisor's report encouraging investors to vote for three dissident board candidates ISS report endorsed HG Vora’s directors slate Penn says Clifford holds “antiquated views” Late Friday, Penn National Gaming (NASDAQ: PENN) responded to a report released earlier...
X Says Polymarket Is ‘Official Prediction Market Partner’
Social media giant, prediction market are joining forces Announcement arrives weeks after rumored deal between X and Kalshi Elon Musk’s X, the social media site formerly known as Twitter, announced today it is partnering with prediction market Polymarket. The announcement, which posted...
