5133 stories by Todd Shriber
Underdog Already Garnering Prediction Market Perks
Daily fantasy sports company inked prediction markets deal in September Data indicate it’s already leading to more downloads of the Underdog app Last month, daily fantasy sports (DFS) operator Underdog entered into a prediction markets agreement with Crypto.com, marking the first integration...
Bally’s Extends Rhode Island Casino Sale Deadline to 2028
Move likely in response to creditor consortium not approving deal Rhode Island casino essentially acting as collateral for financing extended for Bally’s Chicago integrated resort Bally’s secured some much-needed breathing room in its quest to sell the property assets of the Twin...
Genius Sports Could Glean Prediction Market Benefits, Says Analyst
Recent stock weakness may be linked to prediction markets, but there’s more to the story Analyst sees Genius’ NFL relationship as “advantageous” in rising prediction markets scenario Shares of Genius Sports (NYSE: GENI) are off 4.26% over the past month, and while...
Rush Street Interactive Stock Could Be Prediction Markets Buffer
RSI raised 2025 guidance It’s more focused on iGaming than sports betting, implying less vulnerability to prediction markets CEO says prediction market expansion could actually help the company In what could be a case of investors focusing too intently on the online...
MGM Stung by Weak Las Vegas Results, $256M New York Charge
Another operator confirms Q3 was a disaster in Las Vegas MGM took a $256 million charge and $93 million in write-downs related to decision to withdraw from New York casino race CEO admits to Las Vegas pricing gaffes Shares of MGM Resorts...
Caesars Stock Sapped by Weak Q3 Las Vegas Casino Results
The operator’s Las Vegas casino revenue was essentially flat year over year Weak leisure demand in Sin City pushed Caesars to wider-than-expected losses Management expects better Q4, 2026 Shares of Caesars Entertainment (NASDAQ: CZR) are getting walloped on Wednesday after the casino...
Polymarket Could Be Live in US by End of November
Sports contracts expected to be point of emphasis in US return Polymarket could be available in this country by end of November on a limited basis Company was banished from the US in 2022 Polymarket could be live in the US by...
Robinhood Prediction Markets Revenue Could Double in Q4, Says Analyst
Robinhood likely generated $20 million in Q3 prediction markets revenue That’s double the prior quarter’s tally Analyst says that with the help of football contracts, that figure could surge to $50 million in Q4 Helped by the start of football season, Robinhood...
Sands CEO Robert Goldstein Paring Equity Position, Could Sell it All
Sales are part of his transition to an advisory role He unloaded 300K shares on Monday He still owns more than 4.3 million shares of the casino stock Las Vegas Sands (NYSE: LVS) Chairman and CEO Robert Goldstein sold 300K shares of...
Banijay Acquires Tipico from CVC at $5.4 Billion Valuation
French entertainment giant acquiring majority stake in Tipico Buyer plans to merge Tipico with its Betclic business Banijay Gaming revenue, EBITDA expected to double through acquisition French entertainment conglomerate Banijay Group said Tuesday that it's acquiring a majority stake in German sports...
