5313 stories by Todd Shriber
Macau Casino Stocks Have More Upside Potential, Says Analyst
Jefferies prefers Sands, Wynn among US-based Macau operators Gross gaming revenue (GGR) data supportive of further upside Last week was a banner period of GGR increases for Macau casinos Against the backdrop of resurgent gross gaming revenue (GGR) data, Macau casino stocks...
Caesars Stock Rallies on Powell’s Dovish Comments
Fed chairman implies rate cuts are on the table Caesars is one of the most rate-sensitive casino stocks Caesars Entertainment (NASDAQ: CZR) was among the leaders in a Friday rally by casino stocks -- one facilitated in large part by Federal Reserve...
SharpLink Gaming Soars on $1.5 Billion Repurchase Plan
Shares of giant Ethereum holder soar on news of buyback plan Company says it will repurchase up to $1.5 billion of its common stock Shares of SharpLink Gaming (NASDAQ: SBET) surged Friday after the betting affiliate turned Ethereum holder said it will...
DraftKings Prediction Markets Entry Could Differ From FanDuel, Says Analyst
DraftKings’ prediction market foray could differ from FanDuel’s, says analyst It could also be more expensive, but that would allow DraftKings to reap more rewards Following news that Flutter Entertainment’s (NYSE: FLUT) FanDuel is partnering with CME Group (NASDAQ: CME) to bring...
Fanatics’ $31 Billion Valuation Ranks it Among Most Valuable Unicorns
Fanatics in the top 20 among world’s most valuable unicorns Sports apparel and gaming company is valued at $31 billion Sports apparel and betting company Fanatics is one of the most valuable unicorns in the world, though it has a long way...
DraftKings, PrizePicks, Others May Be Readying Prediction Market Plans
NFA registry indicates DraftKings may again be evaluating prediction markets entry Fanatics also has a filing with the NFA PrizePicks, Underdog Fantasy also mulling NFA membership A batch of recent filings with the National Futures Association (NFA) indicate that DraftKings (NASDAQ: DKNG)...
CME, FanDuel Taking Fight to Prediction Markets with Financial Contracts
Companies are teaming up on yes/no contracts on commodities, stock indexes, economic data and more CME, FanDuel are forming a joint venture Could be blow to Kalshi Possibly rocking the burgeoning prediction markets industry, CME Group (NASDAQ: CME) and FanDuel said today...
Flutter Stock Earns Spot on Goldman Hedge Fund VIP List
VIP list is collection of stocks appearing in hedge funds’ top 10 holdings Flutter is lone gaming name to make the cut Flutter Entertainment (NYSE: FLUT) earned another accolade: an appearance on the Goldman Sachs Hedge Fund VIP List. That grouping, which...
Kalshi Files to Offer Football Player Props, Sides, Totals
Filings arrive ahead of start of football season Certain to intensify competition with sportsbooks Contracts will go live unless CFTC blocks move or requests 90-day review period In a move certain to that ratchet up competition with sportsbook operators, Kalshi filed to...
PrizePicks Could Be Positioning Itself for Sale, Valuation May Be $2 Billion
DFS operator’s move to PVP model could be attractive to suitors Online betting firms could kick to the tires on PrizePicks Rival Underdog Fantasy’s recent valuation could be boon for PrizePicks Daily fantasy sports (DFS) operator PrizePicks has largely shifted to a...
