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Todd Shriber
5638 stories by Todd Shriber
Analyst: Bally’s Inviting More Risk Than Reward With Evoke Deal
Bally’s confirmed it’s in talks to potentially acquire Evoke Analyst says integration could be a “distraction” Risk-reward “skewed slightly negative” for Bally’s Bally’s has confirmed it is in talks to acquire struggling Evoke (EIHDF), though...
Report: Polymarket Eyeing $400M Capital Injection
The prediction market operator is reportedly in discussion to raise $400 million at a $15 billion valuation That’s below rival Kalshi’s $22 billion estimated value Polymarket recently raised $600 million from Intercontinental Exchange Polymarket, which...
Bally’s Reportedly Close to Acquiring William Hill Owner Evoke
A deal could be announced in the coming days Evoke is under significant financial duress Bally’s reportedly has preferred bidder status UPDATE: April 20, 7am: Evoke PLC has confirmed it is in discussions with Bally's...
VICI Properties in the Crosshairs: Why Activist Investors Are Circling the Gaming REIT
The casino owner is among the stocks appearing on those held by a swap broker Analyst speculates that the broker may be the go-to choice for activists looking to discreetly build positions in various companies...
Citadel Signals Interest in Prediction Markets, Excluding Sports Contracts
Global hedge fund says it’s monitoring evolution of prediction markets If it joins the party, it will avoid sports event contracts Citadel sees “real reasons” for institutional traders to use prediction markets One of the...
Tribal Leaders Fight Back Against “Illegal” Prediction Markets
CNIGA Chairman Siva reiterates view that prediction markets threaten tribal sovereignty, are "illegal" and lack oversight IGA Chairman Bean says yes/no exchanges skirt state regulations Bean implies White House may be dragging its heels on...
FanDuel Owner Flutter Hit by Major Citi Downgrade
Flutter stock now rated by “sell” by Citi Research The research firm also cut its price target on the gaming stock in a big way Analyst says FanDuel Predicts warrants little value Shares of Flutter...
Kalshi Expands Commodities Platform With Dedicated Hub
The prediction market is rolling out a dedicated commodities hub Move arrives as commodities are in focus due in part to the Iran war Kalshi is adding derivatives on 10 commodities Against the backdrop of...
Analyst: Prediction Markets Pacing to $1 Trillion in Volume by 2030
Bernstein sees prediction markets turnover reaching $1 trillion by 2030 Volume on Kalshi, Polymarket this year already topped the 2025 tally Research firm says state legal challenges won’t harm industry growth Prediction market volume is...
BetMGM Is No Fan of Prediction Markets
BetMGM CEO Adam Greenblatt says prediction markets are behind increased customer acquisition costs He believes bettors that left for yes/no exchanges will eventually return He believes BetMGM offers a better value proposition BetMGM CEO Adam...
