5133 stories by Todd Shriber
Trump’s Truth Social Gets Into Prediction Markets with Crypto.com
Truth Social is making prediction markets available Move comes through an agreement with Crypto.com Statement mentions events across “all major sports leagues” Shares of Trump Media and Technology Group (NASDAQ: DJT) rallied Tuesday after the company said its Truth Social platform is...
Gaming and Leisure Buying Virginia Casino Real Estate in $467M Deal
GLPI is paying $27 million for the land, extending financing of $440 million The casino is located in Petersburg, Va. and will be operated by Cordish and Bruce Smith Enterprise Gaming and Leisure Properties (NASDAQ: GLPI) said today it is acquiring the...
Golden Entertainment Stock Cheap, Real Estate Deal Could Be ‘Transformative,’ Says Analyst
Analyst says real estate holdings offer “transformative upside” He says Golden Entertainment stock is inexpensive relative to peers The stock has lost nearly 30% of its value this year, but Golden Entertainment (NASDAQ: GDEN) is inexpensive relative to its peers and controls...
Polymarket to Launch its Own Crypto Token After Returning to US
Prediction markets operator says it will introduce digital token, conduct airdop Those events will take place after the company reenters the US Polymarket is taking a pragmatic approach to its native cryptocurrency A Polymarket executive recently confirmed the prediction markets will launch...
Boyd, Churchill Downs, Monarch Could Be Players in Casino M&A
These three regional casino operators could loom large in industry consolidation There’s chatter of increased activity across the casino industry Monarch Casino expected to remain selective There are inklings that asset sales in the gaming industry will soon perk up, and some...
Bally’s Removed from ‘Rating Watch Negative’ by Fitch, Rating Still B-
Completion of Intralot transaction helps reduce debt Bally’s still at an impasse with creditors over sale of Rhode Island casino real estate Regional casino operator Bally’s was removed from “rating watch negative” by Fitch Ratings following the recent completion of a $3.17...
Churchill Downs to Spend Up to $300M on Victory Run Project
Enhancement will take place at the company’s famed Kentucky racetrack Victory Run will be located between the First Turn Club and the Skye Terrace Churchill Downs (NASDAQ: CHDN) unveiled a new project at its namesake racecourse aimed at bringing more high-end customers...
Robinhood Adding Over 100 Prediction Markets, Including Politics, Sports
Brokerage firm says it plans to add 100+ event contracts in coming weeks, months It’s already added 35 election contracts in recent days Robinhood partners with Kalshi on prediction markets Robinhood Markets (NASDAQ: HOOD) is expanding its already significant prediction markets, pledging...
Polymarket Valuation Could Soar to $15 Billion in Next Funding Round
News emerges about two weeks after company was valued at up to $10 billion Rival Kalshi said to be considering investment offers at up to $12 billion valuation Polymarket was valued at just $1 billion in June Kalshi and Polymarket recently raised...
Sands Surges After Q3 Earnings Beat Supports Dividend, Buyback Boosts
Las Vegas Sands delivers estimate-beating Q3 results Casino operator increases quarterly dividend to 30 cents a share from 25 cents It’s lifting its buyback program to $2 billion Shares of Las Vegas Sands (NYSE: LVS) soared in Wednesday’s after-hours session after the...
