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5588 stories by Todd Shriber
PointsBet Halts Trading Pending Announcement
Trading in PointsBet (OTC: PBTHF) stock was halted in Australia on Tuesday for an upcoming, though not described, news event. A market announcement with the Australia Securities Exchange (ASX) confirmed the halt, noting it could be lifted on Wednesday, should the gaming...
Betr Raises $35 Million, Now Valued at $300 Million
Sports wagering startup Betr announced it raised $35 million in a series A2 funding round. That values the privately held company at a pre-money valuation of $300 million. The latest funding round in the microbetting company was led by Roger Ehrenberg via...
Blackstone Reportedly Mulling Bellagio Stake Sale
Private equity behemoth Blackstone (NYSE: BX) is reportedly evaluating options for its ownership of Bellagio’s real estate, including a potential sale of a 50% stake in the iconic Las Vegas Strip venue. Unidentified sources told Bloomberg Monday that Blackstone is mulling options,...
NASCAR Halts Plans for Barstool Sportsbook at Phoenix Raceway
NASCAR is pumping the brakes on plans to open a Barstool sportsbook at Phoenix Raceway, which hosts two Cup Series events annually. In an interview with Gaming Today’s Brant James, NASCAR Managing Director of Sports Betting Joe Solosky said the economics of...
Sands Adding Macau Market Share Thanks to Summer Concerts, Says Citi
Helped by a summer concert series, Sands China may be gaining market share among premium mass bettors visiting Macau. That’s the take of Citigroup analysts George Choi and Ryan Cheung who, in a recent report, noted the operator likely gained premium mass...
IGT Earns Price Target Lift on Divestment Plans
Earlier this month, International Game Technology (NYSE: IGT) announced plans to explore strategic alternatives for its global gaming and PlayDigital units -- news that’s been well-received by analysts and investors. In a new report to clients, Stifel analyst Jeffrey Stantial reiterates a...
Red Rock Resorts Planning Major Green Valley Ranch Renovations
Starting with the opening of the new Polaris Bar, Red Rock Resorts is kicking off significant enhancements to its Green Valley Ranch Resort Spa & Casino in Henderson, Nevada. The operator said it is bringing a new restaurant row to the venue,...
Southwest to Offer Overnight Layovers in Las Vegas
Travelers usually aren’t fond of layovers, and those of the overnight variety are even more onerous. But if an overnight layover is necessary, there are worse places to do it than in Las Vegas. Southwest Airlines is making that possible. The carrier...
Circa Sports Ultimate Contest Weekend Returning in August
Circa Sports’ celebrated football contests, the Circa Million and Circa Survivor, are returning this year with an all-time high combined payout of $14 million. And, with that, comes another edition of the operator’s “Ultimate Contest Weekend.” The 2023 iteration of the event...
WynnBET Makes Debut in West Virginia
Wynn Resorts’ (NASDAQ: WYNN) WynnBET unit announced Thursday that its internet casino and online sports wagering offerings are live in West Virginia. Bettors in that state can download the WynnBet app through the Apple and Google Play stores or register for an...