5359 stories by Todd Shriber
Cboe Makes Prediction Market Move, Leaves Sports Out for Now
Exchange operator is the latest to enter prediction markets arena. Sports event contracts aren’t in the cards. Cboe prediction platform expected to launch in the coming months. Cboe Global Markets (BATS: CBOE) is planning to roll out its own prediction markets platform,...
Polymarket Becomes Official Prediction Market of UFC
Polymarket now exclusive, official prediction market of UFC and Zuffa Boxing Adds to growing list of marquee deals for Polymarket Hardly a day goes by without Polymarket announcing a new deal or partnership with a sports league or well-known brand, with Thursday...
Golden Entertainment Investor Says Buyout Offer ‘Woefully Inadequate’
Everbay Capital calls Sartini-led buyout “opportunistic” Says offer exploits recent weakness in Golden's stock price Investor believes Golden’s board is forcing shareholders to accept a raw deal Golden Entertainment (NASDAQ: GDEN) CEO Blake Sartini’s $30 a share offer to take the casino...
CME and FanDuel Launch New Event Contracts With Sports Twist in December
The companies announced a joint venture in August. FanDuel Predicts app will launch in December. App will feature sports event contracts in states where sports wagering isn’t permitted. CME Group (NASDAQ: CME) and FanDuel said today their previously announced prediction markets partnership...
Penn Entertainment CEO Buys $500K Worth of Casino Stock
Penn CEO Snowden buys stock following post-earnings dip He bought 34,700 shares, boosting his holdings to more than 1.11 million Investors remain critical of stock’s performance under his leadership Penn Entertainment (NASDAQ: PENN) CEO Jay Snowden took advantage of a post-earnings decline...
eToro in Talks with Kalshi, Polymarket as it Eyes Prediction Markets
Brokerage firm says it’s in talks with prediction markets giants Says futures market expansion provides infrastructure for event contracts Sees some intersection with cryptocurrency eToro Group (NASDAQ: ETOR) could be preparing to join the ranks of brokerage houses in the prediction markets...
PrizePicks Teams Up with Polymarket on Prediction Markets Push
PrizePicks will feature Polymarket event contracts on its mobile app PrizePicks expected to soon launch its prediction markets platform Prediction markets behemoth Polymarket and PrizePicks, one of the top daily fantasy sports (DFS) operators, announced a partnership Tuesday through which the former...
DraftKings Hit with Downgrade, Price Target Cut
CBRE Equity Research downgrades stock, slashes price target Analyst cites prediction market concerns, related spending, among other factors Investors are resetting expectations, says research firm Shares of DraftKings (NASDAQ: DKNG) are trading slightly lower early Tuesday after the beleaguered gaming stock was...
Kalshi-Backed Poll Says 90% of Voters Support Prediction Markets
Results aren’t exactly surprising in Axis Research poll Survey claims respondents back prediction markets in their current form and believe the industry should be regulated federally Poll arrives against the backdrop of souring attitudes toward sports betting In perhaps some of the...
Wynn to Contribute up to $50 Million to New Project Near UAE Casino
Partners behind Wynn Al Marjan Island will develop a ritzy hotel near the casino resort New venue will be built on Wynn’s land bank and is slated to open in 2028 Wynn expected to contribute $25 million to $50 million to project...
