5215 stories by Todd Shriber
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...
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...
theScore, Fanduel Establish Early Leads in Ontario Sports Betting
Homegrown contender theScore Bet and FanDuel are off to fast starts in the newly launched regulated sports betting market in Ontario, Canada. Legal single-game sports wagering debuted in Canada’s most populous province on April 4, and less than three weeks in, theScore...
Macau Casino Companies Could Face Junket Liabilities up to $6.3B, Says Credit Suisse
Macau concessionaires could be on the hook for as much as $6.37 billion in agent claims. That's following the collapse of major junket operators in the region, say Credit Suisse analysts. Credit Suisse analysts Kenneth Fong, Lok Kan Chan, and Sardonna Fong...
Playtika Solitaire Game Contributing to Planting of New California Forest
In honor of Earth Day, mobile gaming company Playtika is joining a slew of corporations commemorating the occasion. It is leveraging one of its popular solitaire games to assist in the planting of a forest in California. The company said its Solitaire...
