4977 stories by Todd Shriber
Minnesota Mulls Another Sports Betting Bill
Minnesota isn't just the "Land of 10,000 Lakes." It's also the land of failed sports betting legislative efforts. But politicians in the state are giving it another go. Minnesota State Sen. Jeremy Miller (R-Winona) said Tuesday he’s planning to introduce the Minnesota...
DraftKings Reducing Staff by 3.5 Percent in Cost-Cutting Move
DraftKings (NASDAQ: DKNG) announced Wednesday it's laying off 140 employees, or about 3.5% of its workforce, in an effort to reduce costs. The Boston-based sportsbook operator didn’t specify in which areas those headcount reductions will occur. Nor did it mention the possibility...
MGM Resorts Enters Bloomberg Gender-Equality Index
In another sign of the casino behemoth’s ongoing environmental, social, and governance (ESG) efforts paying dividends, MGM Resorts International (NYSE: MGM) Tuesday announced its inclusion in the Bloomberg Gender-Equality Index. The benchmark is a basket of 483 companies that score well in...
Sands Taps Community College as Long Island Training Hub
Las Vegas Sands and Nassau Community College announced a public/private partnership that sets the stage for the school to be the gaming company’s training facility. That's assuming it’s successful in bringing a casino hotel to Long Island. Sands has a track record...
Mohegan Tribal Gaming Authority Halting SEC Filings
The Mohegan Tribal Gaming Authority (MTGA) announced Monday that it will no longer participate in the Securities and Exchange Commission’s (SEC) voluntary filing system. The tribal gaming giant didn’t give a specific reason for why it’s withdrawing from SEC filings. The move...
IRS Could Target Daily Fantasy Sports Winners Under American Rescue Plan
The American Rescue Plan Act (ARPA) was approved by congressional Democrats and signed by President Biden to provide financial assistance to Americans during the earlier days of the coronavirus pandemic. But it could be a drag on some daily fantasy sports (DFS)...
Georgia Voters Strongly Favor Addition of Casino Gaming
In bipartisan fashion, Georgia voters overwhelmingly support the idea of the state adding casinos, and even more believe voters should decide on the matter. A recent Public Opinion Strategies poll conducted via mobile phones queried 800 likely voters in the state. It...
Hawaii State Senate Bill Seeks to Ban Nevada Casino Advertisements
Las Vegas is often referred to as the “ninth island,” underscoring Hawaiians’ affinity for visiting Sin City. But newly proposed legislation wants to ban Nevada gaming companies from advertising in the island state. Senate Bill 935 (SB 935), recently introduced by Sen....
PointsBet, NBC Extend Accord, Eye More Regional Focus
PointsBet (OTC:PBTHF) and NBCUniversal are adding two years to a previously announced five-year sports betting partnership. The broadcast giant is promising to help the sportsbook operator more effectively target its advertising spending. PointsBet USA CEO Johnny Aitken told Axios the two sides...
Century Casinos Could Be Star Among Regional Casino Stocks
With newly acquired venues joining its portfolio, Century Casinos (NASDAQ: CNTY) could post significant earnings growth over the next two years. That’s the call from B. Riley analyst David Bain who, in a note to clients Monday, reiterated a “buy” rating and...
