5174 stories by Todd Shriber
Kalshi Close to Launching Football Parlays
Exchange operator tells CFTC it will self-certify bets that closely resemble parlays Latest sign of Kalshi’s willingness to compete directly with sportsbooks Prediction markets Goliath Kalshi is readying to offer combined event contracts that closely mirror sports wagering parlays. In a Monday...
Virgin Las Vegas Tabs William Hill to Run Sportsbook
William Hill to takeover sportsbook operations at off-Strip casino hotel later this year Virgin’s sportsbook was previously run by Betfred, which left Nevada in January Move could be advantageous for Virgin Just days before the start of the 2025 NFL season, Virgin...
Gaming & Leisure Providing $225 Million in Financing for Caesars California Tribal Casino
Gaming & Leisure providing $225 million for Caesars Republic Sonoma County Blended interest rate is 12.79% at a cap rate of 9.75% Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) announced Tuesday that it's reached an agreement with Caesars Entertainment (NASDAQ: CZR) and...
Jason Ader SPAC at Center of Philippines Casino Controversy Files for Bankruptcy
The SPAC filed for Chapter 11 bankruptcy protection in Delaware in July Ader’s investment vehicle previously attempted to acquire Okada Manila, a Philippine casino hotel He reportedly owes $370K to American Express Jason Ader’s 26 Capital Acquisition Corp., the special purpose acquisition...
Dana White Allegedly Owes Red Rock Resorts $25 Million, Says Source
Source says sum owed by UFC boss to Red Rock could be as high as $50 million White’s gambling exploits are well-known in Las Vegas and across social media Ultimate Fighting Championship (UFC) CEO Dana White allegedly owes Red Rock Resorts (NASDAQ:...
Robinhood Spearheading Intersection of Markets, Sports Betting, Says ARK
Brokerage firm recently rolled out prediction markets on college football, NFL ARK Invest says Robinhood has regulatory advantages Robinhood Markets (NASDAQ: HOOD) recently announced that will forge deeper into the sports event contracts space, telling clients it will offer NCAA and NFL...
Rep. Lee Clarifies Full House Resorts Stock Transaction
July sale of the gaming stock was to her ex-husband, the CEO of the casino operator The Las Vegas congresswoman is selling individual stocks, moving into diversified index and mutual funds Rep. Susie Lee’s (D-NV) office clarified a July transaction involving shares...
R.J. Cipriani, Whistleblower in Resorts World Las Vegas Fed Case, Speaks
Cipriani says bookies taking the fall for execs’ malfeasance at Resorts World Comments arrive as bookie Bowyer was sentenced to 12 months and a day in federal prison Cipriani implores casino industry to cease hiring executives with checkered pasts Earlier today, Mathew...
Wynn UAE Casino Could Propel Shares
More analysts are coming around on Wynn’s upcoming UAE casino resort UBS upgraded the stock on the UAE opportunity set Analyst says Wynn may be too restrained with its UAE estimates Wynn Resorts’ (NASDAQ: WYNN) Wynn Al Marjan Island in the United...
SBA Rips Illinois Tax Hike, Calls It Catalyst for Black Market Betting
Sports Betting Alliance (SBA) chides Illinois over latest sports betting tax hike Says it will chase smaller bettors to unregulated bookmakers The Sports Betting Alliance (SBA), a trade group representing US sportsbook operators, lambasted Illinois over its recent sports wagering tax increase,...
