5312 stories by Todd Shriber
Caesars, MGM Earnings at Risk Following Las Vegas GGR Report
December gross gaming revenue (GGR) report was disappointing Analyst says it highlights risk to Caesars, MGM Las Vegas earnings Sees better opportunities for investors with other casino stocks The December gross gaming revenue (GGR) report released Wednesday showed Las Vegas Strip casino...
Sands Stock Tumbles as Weak Macau Hold Overshadows Singapore Strength
The casino stock is sliding Thursday Sands China’s Q4 results disappointed Singapore was a source of strength Las Vegas Sands (NYSE: LVS) stock is careening lower on Thursday after the casino giant reported disappointing fourth-quarter Macau results. In midday trading, the stock...
Super Bowl Parlays Heading to DraftKings, FanDuel Prediction Markets
CME self-certifies multi-leg bets in CFTC filing The exchange operator is FanDuel’s prediction markets partner It’s also one of the exchanges to which DraftKings Predictions connects Super Bowl combos -- prediction market nomenclature for parlays -- could be available on the event...
Webull Scraps Commissions on Super Bowl Event Contracts
Brokerage firm won’t charge commissions on Super Bowl event contracts Exchange fees still apply Company partners with Kalshi Online brokerage firm Webull (NASDAQ: BULL) announced today that it will not charge commissions on event contracts related to Super Bowl LX, presenting clients...
Aloha May Mean Goodbye for Prediction Markets in Hawaii
Hawaii Democrats introduce bill to ban prediction markets in the state Ban would apply to broad swath of event contracts, extending beyond sports State has long been averse to gaming expansion Hawaii lawmakers want to wave “aloha” -- the goodbye varietal --...
High Roller Technologies Confirms Prediction Markets Entry
iGaming company says it will roll out prediction platform in 2026 It’s partnering with Crypto.com High Roller Technologies (NYSE: ROLR) today confirmed it will launch a prediction markets platform at some point this year. As expected, the Las Vegas-based iGaming company is...
Super Bowl Betting Expected to Decline 2% to $1.5 Billion, Says Analyst
Operators face tough hold comps This year’s matchup could result in lower handle Prediction markets sources of pressure, too Super Bowl LX, the 60th edition of the NFL’s biggest game, is coming up on Sunday, February 8, but it might not be...
Prediction Markets Gamify Finance, Says Better Markets
Policy group sees parallels in prediction markets and the rise of GameStop in 2021 Says prediction markets are competition for cryptocurrency among young, potentially addicted traders Line between betting and investing is blurring, says group Five years removed from the massive rally...
Kalshi Hires Former Biden Administration Member to Lead DC Office
Prediction market operator announces opening of new Washington, DC office Former Biden staffer John Bivona will be company’s first head of government relations Bivona has nearly two decades experience as a Democrat advisor, strategist Prediction market operator Kalshi announced the opening of...
Kalshi, Polymarket Not ‘Genuine Markets’ says Better Markets Director
Kalshi, Polymarket aren’t “genuine markets,” says Better Markets director He says “prediction market” is a disingenuous label Adds CFTC is “ill-suited” to regulate prediction markets A public policy expert believes there’s no essentially no difference between prediction markets and casinos, local bookies,...
