5359 stories by Todd Shriber
Circa Sports Approved for Illinois Betting License, Eyes August Launch
The Illinois Gaming Board (IGB) approved Circa Sports on Thursday for a management services provider permit. That puts the sportsbook operator on pace to debut in the state as soon as August. Circa applied for an Illinois sports wagering license nearly a...
Genting Selling Miami Land to Local Developer for $1.23B
In what could set a record for urban real estate transactions in Florida, Genting Malaysia is poised to sell 16.5 acres of undeveloped real estate along Biscayne Bay for $1.23 billion. SmartCity Miami, a consortium led by David Martin’s Terra, is the...
Flutter Wins Shareholder Support for New York Stock Listing
Flutter Entertainment (OTC: PDYPY) investors have overwhelmingly supported a plan by the Irish sportsbook operator to pursue listing its shares in New York. At the gaming company’s annual meeting on Thursday, 99.99% of investors voted in favor of a US equity listing...
DraftKings Readies Sports Streaming Service
DraftKings (NASDAQ: DKNG) could be the next entrant into the streaming entertainment wars, as the gaming company is said to be readying a sports streaming service. The service could launch over the next several weeks. Unidentified sources with knowledge of the matter...
Bally’s Temporary Chicago Casino Facing Time Crunch
Bally’s plans for a temporary casino at the Medinah Temple in the River North section of Chicago is up against a shortening timeline. The gaming company hoped to open the temporary venue, which will serve as a prelude to a $1.7 billion...
Mystery Sportsbook Operator Considering Nashville as US Home
An unidentified sports betting company is mulling Nashville as its US headquarters, and could bring as many as 800 jobs to Tennessee’s capital city. The Nashville Business Journal reported the mystery sportsbook operator is mulling a $40 million investment to build 120,000...
Boyd Backed by Wall Street Amid Strong Q1 Results, Eyes Downtown Vegas Strength
Supported by the strength of its downtown Las Vegas venues, Boyd Gaming (NYSE: BYD) easily topped first-quarter estimates, sparking a fresh round of bullish commentary from Wall Street analysts in the process. The Fremont Casino operator earned $1.71 a share on revenue...
Churchill Downs Readies 2-for-1 Share Split
Churchill Downs (NASDAQ: CHDN) announced today it will split its stock on a 2-for-1 basis. The transaction, which was approved by the gaming company’s board of directors, pertains to shareholders of record as of May 5. Those investors will receive one additional...
Yahoo Boosts Social Gaming Presence with Wagr Buy
In an effort to further solidify its already expansive fantasy sports footprint and potentially expand further into sports wagering, Yahoo announced Tuesday it's acquiring Wagr, a peer-to-peer sports betting app. Financial terms of the transaction, which has already closed, weren’t disclosed. Privately...
DraftKings Stock Has Tailwinds, but Valuation Stretched Says Analyst
It’s peeling back today, joining the broader market to the downside, but DraftKings (NASDAQ: DKNG) is on a scintillating run to start 2023. A 10.10% gain over the past week has shares of the gaming equity higher by 88.30% year to date....
