Areas of Expertise
5079 stories by Todd Shriber
San Diego State Creates Dedicated Sports Betting Institute
Institute will be part of School of Hospitality and Tourism Management Regulations, sports wagering behavior, player protection among areas of focus San Diego State University formed a new institute focusing on the fast-growing sports wagering industry. The Institute on Sports Wagering and...
Advisory Committees Formed for New York Casino Licensing
Board members could hold considerable sway on downstate casino bids Committees will vote on the New York City-area casino pitches later this summer Community advisory boards that could determine the fate of the eight bids vying for three New York City-area casino...
Big Beautiful Bill Sports Betting Fears ‘Overblown,’ Says Analyst
Trump bill unlikely to be damaging to sportsbook operators, says analyst Some professional sports bettors likely to move offshore due to tax proposal Parimutuel, poker operators also likely to see minimal impact President Trump’s One Big Beautiful Bill Act (OBBBA) contains a...
Super Group Lifts 2025 Guidance, Plans to Exit US iGaming Market
Company expects one-time charge of $30 million to $40 million related to US iGaming departure Expects savings to be realized starting in 2026 Super Group (NYSE: SGHC), the parent company of Betway, boosted its 2025 financial guidance, but the stock fell after...
Flutter Has Recession Insulation, Multiple Tailwinds, Says Analyst
FanDuel parent draws praise from Jefferies in new coverage Analyst says Flutter has recession buffers, tailwinds justifying Wall-Street high price target of $380 Shares of Flutter Entertainment (NYSE: FLUT) are up 9.44% year-to-date -- an impressive feat considering the headwinds encountered by...
LeBron James-Backed Fantasy Life Raises $7M in Second Funding Round
More than a dozen investors, including LeBron James, participated in latest funding round Company was started by fantasy football personality Matthew Berry Fantasy Life, the fantasy sports and gaming company started by fantasy football personality Matthew Berry, announced it raised $7 million...
MGM Hit With ‘Sell’ Rating By Goldman Sachs
Bank says lease obligations, spending plans could crimp MGM’s free cash flow MGM has limited prospects for asset sales, says analyst Following three consecutive weekly gains, shares of MGM Resorts International (NYSE: MGM) retreated Monday following negative commentary on the casino stock...
Wynn Unveils Plans for Private Enclave Residences at UAE Casino Resort
Wynn releases initial details of tony Enclave offering at UAE casino hotel Enclave is located atop the resort’s hotel tower and features private access Wynn Resorts has publicized initial details and images for its Enclave concept -- a group of exclusive residences...
Casino Hackers Targeting Airlines, Says FBI
Hacking group that victimized Caesars, MGM is now targeting airlines FBI says bad actors using ransomware, social engineering tactics to extort companies Scattered Spider, the band of cyber bandits that executed large-scale ransomware attacks against MGM Resorts International and Caesars Entertainment in...
Bally’s Placed on ‘Rating Watch Negative’ by Fitch After Intralot Deal
Bally’s announced Tuesday it’s combining its international interactive unit with Intralot at an enterprise value of $3.17 billion Fitch says Bally’s at risk of ratings downgrade if leverage remains high or if it can’t release a Rhode Island casino to GLPI Fitch...