4721 stories by Todd Shriber
Global Casino Market Poised to Grow by $43 Billion Over Five Years, Report Claims
Supported by increased consumer spending, the global casino gaming market is poised to grow by $43.3 billion for the five years spanning 2024 to 2028, representing a compound annual growth rate (CAGR) of 3.2%, according to a new report by Technavio. Gaming...
New CRM Tool Aims to Improve In-Game Betting Experience
Optimove, a provider of iGaming and sports wagering services and technology, announced it’s rolling out a new customer relationship management (CRM) tool aimed at helping gaming companies improve the in-game wagering experience. The company’s new OptiLive tool allows sportsbooks to customize live...
Gabelli Bullish on Golden Entertainment, Wynn Resorts
Mario Gabelli, the chairman and chief executive officer of Gabelli Funds, is constructive on Golden Entertainment (NASDAQ: GDEN) and Wynn Resorts (NASDAQ: WYNN). The pair of Las Vegas-based casino operators were among the fund manager’s seven stock picks in the latest edition...
Former Thai PM Thaksin Expects Robust Casino Bidding Process
Former Thai Prime Minister Thaksin Shinawatra said he expects the bidding process to bring casino resorts to the country will be competitive and transparent, adding gaming companies successful in their quests to procure licenses there will prove their abilities to bolster tourism...
BetMGM Lands iGaming Rights for ‘Family Feud,’ ‘Price is Right’
BetMGM announced it procured intellectual property rights to use “Family Feud” and “The Price is Right” -- two of the most legendary game shows -- on its iGaming platform. The gaming company landed those rights through an agreement with Fremantle, which creates,...
MGM Grand Las Vegas Getting $300 Million Upgrade
MGM Resorts International released details of its planned $300 million refresh of MGM Grand Hotel & Casino on the Las Vegas Strip, which will include updates of all of the 4,212 rooms and suites in the main tower. MGM Grand is home...
In-Game Wagering Sparks Increased Spending Among Bettors
In-game wagering, also known as live betting, is an impetus for sports bettors to spend more cash, according to a new report. Optimove Insights analyzed 2024 live betting trends in Greece, Italy, Spain, the UK, and the US, noting that on average,...
Caesars Stock Has ‘Favorable Setup,’ Says Analyst
Caesars Entertainment (NASDAQ: CZR) shed more than a quarter of its value over the past 12 months and resides 30.57% below its 52-week high, but some analysts believe the stock is a prime rebound candidate in 2025. The casino giant made the...
Flutter Stock Could Be Fantastic, Join S&P 500, Says Analyst
Flutter Entertainment (NYSE: FLUT) shed 7.56% over the past month after the FanDuel parent told investors its fourth-quarter and 2024 results would be hampered by customer-friendly outcomes during the NFL season, but analysts remain bullish on the stock. In a note to...
Penn Could Mull Tech Buy to Bolster ESPN Bet
Penn Entertainment (NASDAQ: PENN) could consider a technology-related acquisition this year in an effort to prop up its ESPN Bet online sports betting unit. That’s the take of Eilers & Krejcik Gaming (EKG), which said in a new report that technology is...
