5695 stories by Todd Shriber
How AI Can Secretly Drive Massive Profits for the Casino Industry
Casinos have been slow to join the AI revolution, trailing behind other major sectors Embracing algorithms over old tech is expected to unlock a major avalanche of future earnings Operators are actively testing AI for...
Bringing Home the Bacon: Pork Producers Demand Voice in Prediction Market Rules
National Pork Producers Council pushes CFTC to consider prediction markets’ impact on agriculture commodities trading Council warns some event contracts have been subject to abuse Group says prediction markets can create “noise” affecting traditional commodities...
Polymarket Teams Up with Nasdaq to Launch Private Company Prediction Markets
The prediction market operator is broadening access to large privately held companies News arrives as investors prepare for some of the largest IPOs in history Polymarket is partnering with Nasdaq Private Market Polymarket is partnering...
Macquarie: The Stock Divide Between Online Casinos and Sportsbooks is Widening
Q1 results highlight a widening performance gap between iGaming and sportsbook operators Market momentum strongly favors online casino stocks over sports betting peers Current stock volatility is being fueled by trader sentiment rather than fundamental...
Jefferies: Monarch Casino Sees Attractive M&A Environment
Analyst claims M&A could be “most likely avenue” for growth for operator after discussions with management Monarch management sees deep pool of potential opportunities The operator is frequently attached to takeover rumors, but hasn’t made...
JP Morgan: MGM Stock Volatility Could Increase Post-Caesars Takeover
Analysts warn that an acquired Caesars would concentrate capital and heighten trading volatility for rival MGM A successful buyout would eliminate one of the few pure-play public options left for investing in Las Vegas Strip...
JPMorgan: Potential Caesars-Fertitta Merger Could Force Vegas Casino Sale
JP Morgan suggests overlapping operations could force the sale of either Caesars' Flamingo or Fertitta’s Golden Nugget Regulatory hurdles are expected to compel asset sell-offs stretching far beyond the Las Vegas Strip JPMorgan estimates that...
DraftKings CFO Sees ‘Huge’ Opportunity in Prediction Markets, Strength in Core Biz
CFO Ellingson downplayed investor anxiety over the costs of entering the prediction market space DraftKings reassures the market that its primary sportsbook business continues to show sustained strength The executive highlighted that DraftKings Predictions is...
Tema Eyes Prediction Market Expansion with New ETF Filing
Tema’s new ETF takes a bold, infrastructure-first approach to prediction markets Tema’s ETF focuses on the 'picks and shovels' of the prediction market world. Tema’s active management strategy aims to outpace the prediction market trend...
Trump Bets on DraftKings and Red Rock in Financial Portfolio Shakeup
Trump’s Q1 disclosures reveal a strategic push into gaming, with new stakes in DraftKings and Red Rock Resorts. The President didn't just buy; he aggressively trimmed his holdings, offloading several legacy gaming positions. The massive...