4980 stories by Todd Shriber
Light & Wonder Stock Hindered by Legal Woes, Says Analyst
Stock is reeling amid specter of more legal issues Aristocrat Dragon Train litigation could be expanded to include another game Shares of Light & Wonder (NASDAQ: LNW) slid nearly 11% last Friday, a slump that extended into Monday’s trading session, as investors...
Kalshi Takes Legal Action Against Nevada, New Jersey Regulators
Prediction markets operator believes it's protected under Commodities Exchange Act Kalshi is seeking immediate injunctive relief in the states after regulators issued cease-and-desist letters Prediction markets giant Kalshi has filed suits against the Nevada Gaming Control Board (NGCB) and the New Jersey...
Queens Casino Plan Lifted by Liu Parkland Bill
Cohen’s Queens casino pitch gets boost from parkland bill Legislation is pivotal to hopes of bringing casino to Willets Point A plan by New York Mets owner Steve Cohen to bring a casino hotel to the area near Citi Field received a...
Churchill Downs Named Top Risk-Reward Idea Among Gaming Stocks
Stock has slumped this year Investments at Kentucky racetrack could pay dividends As confirmed by 16.71% year-to-date decline, Churchill Downs (NASDAQ: CHDN) is following other gaming stocks to the downside since the start of 2025 – the result of tepid consumer sentiment...
Robinhood Told to Scrap March Madness Contracts in New Jersey
Regulatory action comes ahead of massive weekend of college hoops betting Partner Kalshi also told to cease-and-desist in New Jersey The New Jersey Division of Gaming Enforcement (NJDGE) issued cease-and-desist letters to Robinhood Markets (NASDAQ: HOOD) and partner Kalshi, telling the companies...
UAE Sports Betting App Has Juice, but No Squeeze
Betting app doesn’t require real money be put on the line Wagering is prohibited by Islam It’s been said that “life is more fun with skin in the game.” In fact, that was a tagline in a DraftKings commercial. A “betting” company...
bet365 Could Be Takeover Target, Says Research Firm
Bet365 could now be a more attractive takeover target Price could be steep, assuming Coates family wants to sell Bet365 could be a takeover target as the UK sportsbook behemoth pulls back from Asia and expands in the US, according to a...
Underdog Valued at $1.23 Billion Following Latest Funding Round
Daily fantasy sports giant now valued at more than $1 billion Valuation could move higher because funding round is still open Underdog Fantasy Sports is now valued at $1.23 billion following a $70 million funding round led by venture investor Spark Capital....
Genius Sports Providing Tech for Women’s Sports Monetization Platform
Deep Blue Sports + Entertainment will use Genius FANHub platform Example of Genius technology expanding beyond sports wagering Genius Sports announced Tuesday that its FANHub platform will underpin a new effort by Deep Blue Sports + Entertainment to drive better advertising economics...
Alaska State Rep Introduces Online Sports Betting Bill
Alaska is one of the smallest states in the country Unclear if there’s momentum for the legislation Nearly three months into 2025, there hasn’t been much of note happening on the iGaming and online sports betting legislative fronts, but Alaska is among...
