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5449 stories by Todd Shriber
Caesars Moving to Majority Votes for Board Directors Following Unite Here Push
Caesars Entertainment (NASDAQ:CZR) is implementing a majority vote standard for uncontested director elections. That's following a push by hospitality labor union Unite Here. A member of the Council of Institutional Investors, the union represents hospitality workers in the US and Canada, and...
Kansas Sports Betting Bill Nears Vote, Funds Could Be Used to Lure NFL’s Chiefs
Politicians in the Kansas state House and Senate are nearing a vote on sports wagering, following the removal of some procedural hurdles. On Wednesday, the Kansas Senate didn’t take up the sports betting conference package, sending it back to a conference committee...
Bally’s, Cleveland Browns Team Up Ahead of Ohio Sports Betting Launch
Sports betting isn’t live in Ohio. But Bally’s and the NFL’s Cleveland Browns are preparing for that debut, announcing a wide-ranging partnership. The gaming company’s Bally’s Interactive unit will become the official sports betting partner of the NFL franchise. Financial terms of...
BlueBet Joining Louisiana Sports Betting Party
BlueBet, an Australian bookmaker, is joining the fast-growing Louisiana sports wagering market, announcing a decade-long access agreement with Louisiana Downs. Louisiana legalized sports wagering last October, and mobile betting there went live in January. The Australian gaming company expects to launch in...
SJM Holdings Liquidity at ‘Worrying’ Levels
Macau concessionaires are facing varying degrees of liquidity concerns. But the worst off of the six appears to be SJM Holdings. In a recent note to clients, JPMorgan analysts DS Kim, Amanda Cheng, and Livy Lyu write that SJM may only have...
FanDuel to Be New York Yankees Official Sports Betting Partner
FanDuel, the largest US online sportsbook operator, announced today that it has inked a deal to become the official sportsbook partner of the New York Yankees. The agreement expands a previously established relationship between the gaming company and the Major League Baseball...
Penn National Gaming Earns Morgan Stanley Upgrade
Following a brutal stretch that’s seen the stock shed 59.27% of its value over the past year, Penn National Gaming (NASDAQ:PENN) is drawing some praise on Wall Street. In a note to clients today, Morgan Stanley analyst Thomas Allen upgrades shares of...
Minnesota Poll Says Voters There Want Sports Betting
A recent poll suggests nearly two-thirds of Minnesotans want regulated sports wagering in their state. The survey conducted by KSTP/SurveyUSA queried 556 registered voters in Minnesota. It discovered that 64% support current sports wagering legislation before various committees in the state’s House...
Caesars Takes Home Two Freddie Awards for Customer Loyalty Program
Caesars Entertainment’s Caesars Rewards -- one of the gaming industry’s largest customer loyalty offerings -- won two awards at the 31st annual Freddie Awards. The event was held on April 21 in New Orleans. Caesars Rewards took home "Best Customer Service" and...
William Hill Wins Regulatory OK to Run Palms Sportsbook
The Nevada Gaming Commission (NGC) has signed off on William Hill running the sportsbook at the soon-to-be reopened Palms Las Vegas. The NGC made the call in a unanimous Thursday vote, with the approval coming ahead of the Wednesday, April 27 reopening...