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Todd Shriber
5866 stories by Todd Shriber
Canadian Crypto Platform Fraudulently Directed Client Funds to Online Casinos
EzBtc, formerly a Canadian cryptocurrency trading platform, allegedly diverted almost $9.6 million (CAD $13 million) in client funds to a pair of internet crypto casinos without their consent. The allegations were revealed Tuesday by the...
Portnoy’s Potential Departure Positive for Penn Entertainment Says Analyst
It’s not guaranteed to happen, but Barstool Sports founder David Portnoy could leave the company in the future, potentially increasing the pool of buyers should Penn Entertainment (NASDAQ: PENN) opt to sell the business. That’s...
Wynn Appoints Thomas Schoen President of UAE Casino-Resort
Wynn Resorts announced on Monday the appointment of hotel industry veteran Thomas Schoen as president of the operator’s upcoming integrated resort in the United Arab Emirates (UAE). That appointment arrived just days after the gaming...
Wynn Reveals Name, Time Line for UAE $3.9B Casino Resort
Wynn Resorts has announced new details on its upcoming casino resort on Al-Marjan Island in the United Arab Emirates (UAE). At $3.9 billion, the project will cost $1.2 billion more than Wynn Las Vegas, which...
PointsBet Says Some Talks on Sale of US Biz are ‘Well Advanced’
It’s no secret that PointsBet (OTC: PBTHF) is a takeover target. In a new filing with the Australian Securities Exchange (ASX), the gaming company updated investors on plans to possibly sell its North American operations....
Circa Sports Approved for Illinois Betting License, Eyes August Launch
The Illinois Gaming Board (IGB) approved Circa Sports on Thursday for a management services provider permit. That puts the sportsbook operator on pace to debut in the state as soon as August. Circa applied for...
Genting Selling Miami Land to Local Developer for $1.23B
In what could set a record for urban real estate transactions in Florida, Genting Malaysia is poised to sell 16.5 acres of undeveloped real estate along Biscayne Bay for $1.23 billion. SmartCity Miami, a consortium...
Flutter Wins Shareholder Support for New York Stock Listing
Flutter Entertainment (OTC: PDYPY) investors have overwhelmingly supported a plan by the Irish sportsbook operator to pursue listing its shares in New York. At the gaming company’s annual meeting on Thursday, 99.99% of investors voted...
DraftKings Readies Sports Streaming Service
DraftKings (NASDAQ: DKNG) could be the next entrant into the streaming entertainment wars, as the gaming company is said to be readying a sports streaming service. The service could launch over the next several weeks....
Bally’s Temporary Chicago Casino Facing Time Crunch
Bally’s plans for a temporary casino at the Medinah Temple in the River North section of Chicago is up against a shortening timeline. The gaming company hoped to open the temporary venue, which will serve...
