5402 stories by Todd Shriber
Bet365 Approved for Arizona Sports Wagering License
Bet365’s U.S. expansion is continuing, as the operator was awarded a sports betting license in Arizona. The Arizona Department of Gaming (ADG) made the announcement on Tuesday. In late June, ADG said it would open bidding for three new sports wagering permits...
Gaming and Leisure Pays $100M for Hard Rock Rockford Real Estate
Gaming and Leisure Properties (NASDAQ: GLPI) announced Tuesday that it’s paying $100 million for the real estate associated with the Hard Rock Casino development in Rockford, Ill. The gaming real estate investment trust (REIT) acquired the property from an affiliate of 815...
Bellagio Stake Sale Could Bode Well for Caesars, VICI, Says Analyst
Blackstone’s (NYSE: BX) Blackstone Real Estate Income Trust (BREIT) recently announced the sale of a 21.9% interest in the property assets of Bellagio on the Las Vegas Strip to Realty Income (NYSE: O) for approximately $950 million. That price point implies the...
Sporttrade Lands Colorado License
Sports betting exchange operator Sporttrade last week received a temporary sports betting internet operator permit from the Colorado Limited Gaming Control Commission (CLGCC). That paves the way for the company to offer its exchange services in the state. Colorado joins New Jersey...
FanDuel, NASCAR Announce Partnership
FanDuel and the National Association for Stock Car Auto Racing (NASCAR) announced a deal on Friday in which the sportsbook operator will become an authorized gaming operator of the motorsports series. Financial terms of the multiyear accord weren’t disclosed. As part of...
Bally’s Temporary Chicago Casino Could Open in Early September
The long-awaited debut of Bally’s temporary Chicago casino could arrive soon after the Labor Day holiday on September 4. Officials from the Illinois Gaming Board (IGB) will inspect Medinah Temple, the site of the temporary casino, on September 5. The following two...
Venetian Las Vegas Debuts New Yahoo! Sportsbook
The Venetian Resort Las Vegas announced Thursday the debut of its new Yahoo! Sportsbook, which will be supported by William Hill technology. The more than 12,000-square-foot venue is located on the main casino floor of the Strip casino hotel, and is the...
Wynn Resorts Upsizes Bond Tender Offer
Wynn Resorts (NASDAQ: WYNN) has boosted the size of a recently announced tender offer for a portion of its senior notes maturing in 2025. Earlier this month, the casino operator said it would repurchase $300 million worth of that debt, which bears...
Millennials Place Most Sports Bets, Black Men Wager More Frequently Than White Males
In terms of frequency of wagering, millennials bet on sports more than other age groups and within that demographic, Black men place more wagers than their white counterparts. That’s according to a survey by Men’s Health that served as the foundation for...
Billy Walters Claims Steve Wynn Lobbied Trump Against Pardon
Billy Walters, the legendary sports bettor, claimed a long-running spat with Steve Wynn is the reason former President Donald Trump commuted his insider trading sentence rather than granting him a full pardon. In his widely anticipated autobiography, "Gambler: Secrets from a Life...
