5136 stories by Todd Shriber
Jackpot.com Rising Player in Online Lottery Niche
Jackpot.com carving out niche in lottery courier space Internet lottery is an overlooked, though fast-growing gaming segment With Monday night’s Powerball drawing ranking as the 10th-richest on record at $750 million, lottery fever is back and that could shine a light on...
Macau Casino Stocks Have More Upside Potential, Says Analyst
Jefferies prefers Sands, Wynn among US-based Macau operators Gross gaming revenue (GGR) data supportive of further upside Last week was a banner period of GGR increases for Macau casinos Against the backdrop of resurgent gross gaming revenue (GGR) data, Macau casino stocks...
Caesars Stock Rallies on Powell’s Dovish Comments
Fed chairman implies rate cuts are on the table Caesars is one of the most rate-sensitive casino stocks Caesars Entertainment (NASDAQ: CZR) was among the leaders in a Friday rally by casino stocks -- one facilitated in large part by Federal Reserve...
SharpLink Gaming Soars on $1.5 Billion Repurchase Plan
Shares of giant Ethereum holder soar on news of buyback plan Company says it will repurchase up to $1.5 billion of its common stock Shares of SharpLink Gaming (NASDAQ: SBET) surged Friday after the betting affiliate turned Ethereum holder said it will...
DraftKings Prediction Markets Entry Could Differ From FanDuel, Says Analyst
DraftKings’ prediction market foray could differ from FanDuel’s, says analyst It could also be more expensive, but that would allow DraftKings to reap more rewards Following news that Flutter Entertainment’s (NYSE: FLUT) FanDuel is partnering with CME Group (NASDAQ: CME) to bring...
Fanatics’ $31 Billion Valuation Ranks it Among Most Valuable Unicorns
Fanatics in the top 20 among world’s most valuable unicorns Sports apparel and gaming company is valued at $31 billion Sports apparel and betting company Fanatics is one of the most valuable unicorns in the world, though it has a long way...
DraftKings, PrizePicks, Others May Be Readying Prediction Market Plans
NFA registry indicates DraftKings may again be evaluating prediction markets entry Fanatics also has a filing with the NFA PrizePicks, Underdog Fantasy also mulling NFA membership A batch of recent filings with the National Futures Association (NFA) indicate that DraftKings (NASDAQ: DKNG)...
CME/FanDuel Deal Greeted Favorably by Wall Street Analysts
One analyst called sportsbooks’ move into prediction markets “enticing” Another said CME/FanDuel deal opens the floodgates CME, FanDuel announced partnership on Wednesday that will bring financial event contracts to FanDuel customers Late Wednesday, CME Group (NASDAQ: CME) and Flutter Entertainment’s (NYSE: FLUT)...
CME, FanDuel Taking Fight to Prediction Markets with Financial Contracts
Companies are teaming up on yes/no contracts on commodities, stock indexes, economic data and more CME, FanDuel are forming a joint venture Could be blow to Kalshi Possibly rocking the burgeoning prediction markets industry, CME Group (NASDAQ: CME) and FanDuel said today...
Flutter Stock Earns Spot on Goldman Hedge Fund VIP List
VIP list is collection of stocks appearing in hedge funds’ top 10 holdings Flutter is lone gaming name to make the cut Flutter Entertainment (NYSE: FLUT) earned another accolade: an appearance on the Goldman Sachs Hedge Fund VIP List. That grouping, which...
