5248 stories by Todd Shriber
DraftKings is the Best Way to Play North American Betting Market Says Analyst
DraftKings delivered impressive Q2 results and forecast 2025 revenue at the high end of its previously disclosed forecast Analyst sees “long structural hold runway” and leading in-game betting platform DraftKings (NASDAQ: DKNG) gave back some of its post-earnings gains Friday, but Wall...
FanDuel Eyeing Nevada, But No Plans in Place
Flutter execs tell Nevada regulators they’re monitoring the state… …But no firm plans are in place Operator also discussed Kalshi speculation Flutter Entertainment (NYSE: FLUT) executives say their employer remains interested in bringing the popular FanDuel sports betting mobile application to Nevada,...
‘The Wire’ Actor Pierce Backs Caesars Times Square Casino
Actor with extensive list of film, TV credits backs Times Square casino His support could be meaningful because he’s a Broadway veteran and Tony Award-winning producer Wendell Pierce, the actor many fans remember as Det. Bunk Moreland from HBO’s hit series “The...
Century Casinos Stock Surges After Strategic Review Announced
Regional casino operator’s stock soars on strategic review plan Company says it’s fielded inquiries from multiple third parties Shares of Century Casinos (NASDAQ: CNTY) soared Thursday after the regional casino operator said it’s initiating a strategic review, with at least one analyst...
Light & Wonder Stock Leaving New York for Sydney
Slot machine maker’s shares will leave Nasdaq by the end of November Move somewhat expected as company had discussed possibility for months Light & Wonder (NASDAQ: LNW) stock is bidding New York adieu and will transition its sole listing to the Australian...
DraftKings Soars on Record Revenue, Net Income, Maintains 2025 Guidance
DraftKings stock surges after record-breaking net income, revenue report Company maintains 2025 outlook, but sees revenue coming in at higher end of forecast Shares of DraftKings (NASDAQ: DKNG) rallied Wednesday’s after-hours session after the sportsbook giant posted record second-quarter net income and...
Las Vegas Casinos Not Connecting with Young Bettors, Says Activist
Conservative activist Robby Starbuck says Las Vegas casinos have a problem with younger demographics He says the under-40 crowd would rather bet online Las Vegas marketing doesn’t resonate with younger people, he says Recent visitation data confirm Las Vegas is struggling. In...
California Weighing on Las Vegas Tourism Woes
California could be playing big role in declining Las Vegas visitation The most populous state is usually a major feeder market for Las Vegas The Golden State is dealing with some economic problems, too In normal, more sanguine economic environments, California, namely...
Kalshi Trading to Be Available on Nearly 24/7 Basis
Prediction markets operator will permit trading all day, every day … almost There will be a two-hour closure window for maintenance early on Thursdays Kalshi, one of the largest prediction market operators, says it’s transitioning to 24/7 trading on its event futures...
Playstudios Nears National Launch of Sweepstakes Casino
Playstudios could have sweeps casino product live on national basis by the end of 2025 The developer has highlighted encouraging signs from sweepstakes casino testing Social casino developer Playstudios (NASDAQ: MYPS) said it’s nearing national rollout of its sweepstakes casino platform, adding...
