5082 stories by Todd Shriber
Rush Street Interactive Stock Soars on Wells Fargo Upgrade
Rush Street Interactive (NYSE:RSI) is soaring, ranking as one of Wednesday’s best-performing gaming stocks on the back of an analyst upgrade. In midday trading, shares of the online sportsbook operator are up 9.5%. In a note to clients today, Wells Fargo analyst...
Caesars Rewards Credit Card Now Allows Users to Boost Tier Status
Typically, rewards credit cards allow users to earn frequent flier miles or other forms of points. But Caesars Entertainment is shaking things up. The gaming company announced today that users of its popular Caesars Rewards Visa Card will be eligible to increase...
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...
South Carolina Sports Wagering Bill Allows Cryptocurrency Funding, Esports Betting
New bipartisan legislation aimed at bringing regulated sports wagering to South Carolina contains some unique provisions, including permitting the use of digital currencies for account funding. House Bill 5277 (HB 5277), sponsored by Rep. William Herbkersman (R) and Rep. Todd Rutherford (D),...
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...
