Areas of Expertise
5445 stories by Todd Shriber
William Hill Owner Evoke Could Draw Trio of American Suitors
The 888 and William Hill owner is undergoing a strategic review. A research firm says at least three US-based gaming companies could consider an acquisition. Three other big names are likely out of the running. Evoke, the owner of the 888 and...
MGM Could Look to Unlock BetMGM Value, Says Analyst
Rise of prediction markets could prompt investors to look for other digital gaming growth vehicles. There’s long-running speculation about what MGM could do with the online gaming unit. Analyst says DraftKings, Flutter valuations could provide templates for BetMGM valuation. Could this finally...
Caesars Is Stifel’s Top Casino Stock Idea for 2026
Stock was hammered last year as Las Vegas visitation slumped. Analyst says headwinds could become tailwinds for the casino stock this year. Strip asset sale still possible. Coming off a year in which Caesars Entertainment (NASDAQ: CZR) tumbled 29% while the S&P...
Polymarket, Wall Street Journal Ink Data Deal
Data partnership pertains to all of News Corp.’s US financial media properties, including The Wall Street Journal Polymarket fires back after rival Kalshi landed deal with CNBC Prediction market operator Polymarket and Dow Jones announced a partnership through which the event contracts...
Prediction Markets Pilfering Just 5% of Legal Sportsbook Handle, Says Analyst
Research firm estimates approximately 5% of regulated sportsbook handle has been redirected to prediction markets That works out to about $8 billion of annual handle Analyst calls it a “wash” for major sportsbook operators For all the commotion and 2025 downside incurred...
Polymarket Brings Residential Real Estate Prediction Markets to Life
Prediction market operator partnering with Parcl on housing-focused markets New offering could be a hedge for home buyers and sellers Markets will settle on Parcl’s published price indexes Now this from the intrepid world of prediction markets: Polymarket is partnering with Parcl...
Penn Entertainment Overhauls Corporate Ranks Following End of ESPN Bet
Regional casino operator makes sweeping changes to its leadership team. Changes arrive two months after ESPN Bet relationship was eliminated. Two executive vice presidents are out. Nearly two months to the day after the company announced the end of the ESPN Bet...
Maine Voters Strongly Oppose iGaming
Poll emerges ahead of opening of veto window Gov. Mills has from Wednesday through Friday to veto LD 1164 -- a bill that could legalize internet casinos in the state Just 16% support legalization, according to the poll A new poll indicates...
No States Will Approve iGaming, Sports Betting in 2026, Says Analyst
Bleak outlook for US gaming expansion this year Sports betting is legal in 39 states and Washington, DC Adding to that list this year appears unlikely, says a sell-side analyst Currently, 39 states and Washington, DC, permit some form of sports wagering,...
AI Prone to Problem Betting Patterns, Even Addictive Behavior, Says Study
In betting environments, AI takes on human-like behavior and the results are bad. Study indicates large language models (LLMs) are vulnerable to addictive behavior. The models also engage in the gambler’s fallacy. Bettors thinking about using unsupervised artificial intelligence (AI) models in...