4979 stories by Todd Shriber
Wynn UAE Casino Resort Almost 60% Complete
Wynn Al Marjan Island is rapidly progressing Slated to open in early 2027, the UAE venue will be the region’s first casino hotel Wynn Resorts’ Wynn Al Marjan Island in the United Arab Emirates (UAE) is making fast progress on the construction...
DraftKings Product Investment Could Be Catalyst, Says Analyst
Operator’s product leadership could drive upside for shares Live betting an area of focus for DraftKings Shares of DraftKings (NASDAQ: DKNG) are off 9.52% year to date, a performance that arguably belies the operator’s strong technology stack and its high perch in...
Las Vegas Stocks Low in Gaming Equity Pecking Order Says Analyst
Las Vegas Strip operators are facing revenue challenges, though stocks are seen as value plays Analyst sees other gaming sub-groups as preferable to Las Vegas stocks Amid a three-month streak in which Las Vegas gross gaming revenue (GGR) tracked lower on a...
Illinois OSB Tax Gambit Unlikely to Spur Copycat Moves, Says Analyst
Other states unlikely to mirror Illinois plan Illinois requiring operators to pay 25 cents per wager on the first 20 million bets booked, 50 cents thereafter Sports betting stocks slipped on the news News that the Illinois budget for fiscal 2026 contains...
Illinois Again Hikes Sports Betting Taxes, DraftKings, FanDuel to Bear Brunt
State unveils second sports betting tax increase in a year Calls for operators to pay 25 cents on the first 20 million bets booked After that, the levy increases to 50 cents per bet The Illinois budget signed Saturday by Gov. J.B....
Wynn Stock Usually Isn’t a June Winner
Shares of Wynn Resorts have struggled in June over the past decade The stock has been one of the worst June performers over that span Monday marks the start of the June trading month and at least well-known gaming stock faces some...
Olympus Sportsbook Founder Zhauyrov Selling NYC Condo for $8M
He’s wanted in his home country of Kazakhstan The Tribeca condo is on the market for $8 million, slightly less than what he paid for it Anarbek Zhauyrov, the Kazakhstani national that’s wanted in his home country and known as the founder...
Puig Sports Betting Guilty Plea Reversed by Ninth Circuit Court
Former MLB player previously backed out of plea deal with federal prosecutors He allegedly placed illegal sports wagers in 2019 and was accused of making false statement to the Justice Department Former Major League Baseball (MLB) player Yasiel Puig scored a legal...
Sands CEO Says Macau Faces Near-Term Hurdles, Bullish Long-Term
Says macroeconomic factors weighing on visitor spending Online gaming, junket market woes have played roles, too He’s still bullish on Macau long-term Las Vegas Sands (NYSE: LVS) CEO Robert Goldstein said a variety of macroeconomic factors are hindering gross gaming revenue (GGR)...
Bet365, Fanatics Gaining OSB Share at Expense of Two Rivals
Bet365, Fanatics gradually climbing US sports betting ranks Market share gains appear to be coming at expense of pair of older rivals Bet365 and Fanatics are two of the younger contenders in the US online sports betting industry, but their gradually adding...
