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Todd Shriber
5694 stories by Todd Shriber
Rush Street CEO: No Plans to Enter Sports Prediction Market Space
Even if Rush Street Interactive (NYSE: RSI) dives into prediction markets, don't expect sports event contracts to lead the charge. Bettors at a sportsbook. Rush Street Interactive says it won't focus on sports prediction markets....
Churchill Downs Joins M&A Party, Exploring Sale of Regional Casinos
Ending several months of related speculation, Churchill Downs (NASDAQ: CHDN) confirmed late on Wednesday (July 29) that it’s conducting a strategic review, including a potential sale, of its regional casinos. The twin spires at Churchill...
CBRE: Wynn UAE Casino Opening Remains on Track for 2027 Despite Regional Tensions
Despite escalating regional conflict in the Middle East, Wynn Resorts (NASDAQ: WYNN) remains on track to open its landmark $5.1 billion UAE casino resort in 2027. Members of the Iranian security forces stand guard in...
Rush Street Interactive Raises 2026 Guidance Again as Growth Surges
Rush Street Interactive (NYSE: RSI) reported strong second-quarter earnings after the bell Wednesday, extending its track record of raising full-year guidance alongside quarterly results. The Rush Street Interactive corporate logo. The gaming company delivered record-setting...
Churchill Downs Reacquires Full Control of United Tote, Updates Derby Projects
Shares of Churchill Downs (NASDAQ: CHDN) rose after hours as the company paired estimate-beating second-quarter results with a tote technology acquisition and capital updates at its flagship Kentucky track. Churchill Downs in Kentucky. The company...
CME Group Partners with FutureSports to Launch Sports Derivatives Platform
CME Group (NASDAQ: CME) is partnering with FutureSports to launch derivatives based on the index provider’s gauges of college and professional athlete and team performance. CME and FutureSports are teaming up on new sports derivatives...
Stifel: Caesars Unlikely to Attract Higher Takeover Bid
A rival bid for Caesars Entertainment is unlikely to materialize, leaving Tilman Fertitta’s $17.6 billion buyout on track to close, according to Wall Street analysts. Caesars Entertainment's Flamingo Las Vegas. It's unlikely more takeover bids...
Susquehanna: ‘High Probability’ MGM Draws Higher Bids Beyond Diller’s $18B Offer
MGM Resorts International (NYSE: MGM) could face a bidding war beyond Barry Diller’s $18 billion takeover offer, with Susquehanna forecasting a high probability of a topping bid. MGM's Bellagio on the Las Vegas Strip. An...
tastytrade Launches Prediction Markets, Targeting Traders Over Bettors
Retail brokerage tastytrade has officially entered the prediction market space, offering CFTC-regulated event contracts tailored specifically for active financial traders. The tastytrade logo. The company rolled out its prediction market today. (Image: tastytrade) The Chicago-based...
Fanatics Brings Prediction Markets In-House with BGC Exchange Deal
Fanatics is bringing its prediction market engine in-house, acquiring a regulated exchange and clearinghouse from BGC Group (NASDAQ: BGC). The Fanatic Sportsbook app. The company announced acquisitions and a partnership with BGC aimed at bringing...
