5136 stories by Todd Shriber
BetMGM, Hard Rock Impose Illinois Sports Betting Minimums
Moves are responses to state’s latest sports betting tax hike The new mandatory minimums are small BetMGM and Hard Rock Bet are dealing with the recently implemented Illinois sports wagering tax increase in their own way, establishing minimum wager sizes in the...
Smarkets Could Mull Reentering US, Bring Prediction Market With It
Company is back in Indiana sports wagering market One of the only examples of an operator reentering US Smarkets could consider US sports betting exchange offering, too Smarkets, the operator of one of the world’s largest prediction markets platforms, is showing an...
SharpLink Gaming Stock Soars as it Becomes ‘MicroStrategy of Ethereum’
SharpLink is now the largest corporate owner of Ethereum Company provides iGaming and sports betting affiliate services Volatile stock has been on a tear amid an Ether rally The stock is cooling off today, but SharpLink Gaming (NASDAQ: SBET) has been on...
Red Rock Best of Breed Among Las Vegas Locals Casino Stocks
Red Rock upgraded, analyst sees minimal disruption from Durango expansion Operator sports “deep, exciting” pipeline The three Las Vegas locals casino stocks are, in alphabetical order, Boyd Gaming (NYSE: BYD), Golden Entertainment (NASDAQ: GDEN), and Red Rock Resorts (NASDAQ: RRR). The last...
Caesars Rolls Out New High-End Credit Card
It’s the operator’s second card with Bread Financial New card features accelerated earning of tier credits Also features $450 in redeemable perks, including slot play Caesars Entertainment and Bread Financial introduced the Caesars Rewards Prestige Visa Signature credit card on Wednesday --...
Golden Entertainment Downgraded as M&A Catalysts Wane
Analyst says Golden unlikely to engage in near-term mergers and acquisitions Strat weakness could weigh on second-quarter earnings Shares of Golden Entertainment (NASDAQ: GDEN) slid Wednesday after an analyst downgraded the stock, citing softness at the Strat and declining likelihood of near-term...
Genius Sports, Sportradar ‘Secular Winners,’ Says Analyst
Data providers are preferred ways for playing sports betting boom Analyst says duopoly status is a long-term catalyst Two of this year’s best-performing stocks arrive courtesy of companies that don’t run internet or land-based casinos, and they don’t book sports bets. Proving...
PredictIt Lifts Limit on Political Trades in New CFTC Agreement
Prediction market operator boosts contract limit to $3,500 Scraps limit on number of traders per contract Prediction markets operator PredictIt announced Tuesday it reached a new agreement with the Commodities Futures Trading Commission (CFTC), paving the way for the company to increase...
Churchill Downs Acquiring Majority Stake in New Hampshire Casino
Company says it's buying majority interest in Casino Salem Venue opened last week with expansion slated for the coming months Churchill Downs (NASDAQ: CHND) said today it notched agreements to acquire a majority equity interest in Casino Salem -- a gaming venue...
Maverick Gaming Files for Chapter 11 Bankruptcy Protection
Filing comes after Washington State casino, card-room operator sought 2024 debt restructuring Company has total assets and liabilities of $100 million to $500 million Maverick Gaming, a privately held regional casino and card-room operator, filed for Chapter 11 bankruptcy protection on Monday....
