5253 stories by Todd Shriber
Fanatics Won’t Run Apparel Bonus Promo in Massachusetts Following Ohio Flap
Should it launch mobile sports wagering later this month in Massachusetts as expected, Fanatics won’t offer clients promotional bets tied to apparel. That's after a similar gambit drew the ire of Ohio regulators earlier this week. In Ohio, Fanatics offered buyers of...
Light & Wonder Stock Heading to Russell 2000 Growth Index
Light & Wonder (NASDAQ: LNW) stock earned a noteworthy index promotion, as FTSE Russell announced Friday that shares of the gaming device manufacturer will soon be added to the widely followed Russell 2000 Growth Index. That gauge is currently comprised of 1,092...
Mets Owner Steve Cohen Leveraging Citi Field Parking Lot in Queens Casino Quest
It’s widely known that New York Mets owner Steven Cohen wants to bring a casino hotel to the Citi Field area. Now, he’s playing hardball with a coveted parking lot to move his gaming ambitions forward. The New York City Football Club...
Dubai Moon-Inspired Building Could Include Casino Space
A Canadian entrepreneur wants to build a 900-foot, moon-inspired spherical structure atop a Dubai skyscraper, and the proposed $5 billion venue reportedly has room for a casino. Michael Henderson, the cofounder of Moon World Resorts, pitched the project earlier this month at...
DraftKings Hacker Facing Fed Charges, Allegedly Stole $600K from Gaming Company
A Wisconsin teenager faces federal criminal charges for working with other cyber thieves to sell access to DraftKings betting accounts. The group allegedly drained $600k from approximately 1,600 of those accounts. Madison resident Joseph Garrison, 18, is facing six criminal counts. He...
Endeavor COO Mark Shapiro Says WWE In-Match Betting Unlikely
Regulated sports wagering isn’t currently permitted on scripted WWE matches. Even if that mountain is eventually climbed, bettors and fans shouldn’t expect in-game betting will be allowed. That’s the sentiment of Endeavor Group (NYSE: EDR) COO Mark Shapiro, who in a recent...
Light & Wonder Bids Anew for SciPlay, Offers $422M
Nearly two years after it scrapped a similar overture, Light & Wonder (NASDAQ: LNW) bid anew for SciPlay (NASDAQ: SCPL), offering the social casino developer $422 million in cash, or $20 a share, for the 17% the former parent doesn’t yet own....
Light & Wonder Lands Conditional Approval for ASX Share Listing
Gaming device manufacturer Light & Wonder (NASDAQ: LNW) said Wednesday it won conditional approval from the Australian Securities Exchange (ASX) to list its shares on that bourse. The Las Vegas-based slot machine maker delivered the announcement after the close of US markets....
Will DraftKings, FanDuel Have Fanatics Problem? Possibly
Fanatics announced Sunday that it’s paying $150 million in cash for PointsBet’s (OTC: PBTHF) US operations in a deal that provides the buyer with access to more than a dozen states. That means Fanatics doesn’t have to wait for often slow-moving regulators...
Wynn Stock Has Fuel for Extended Upside, Says Barclays Analyst
Wynn Resorts (NASDAQ: WYNN) rallied Wednesday after an analyst said the already hot stock can deliver more upside for investors. The shares finished higher by 5.70% on volume, more than double the daily average on the back of a report from Barclays...
