5316 stories by Todd Shriber
Caesars, Genius Sports Announce Agreement Featuring NFL Data
Genius Sports (NYSE:GENI) said today it's entering a partnership with casino giant Caesars Entertainment (NASDAQ:CZR), providing the gaming operator with access to the data provider's suite of official sports data content. Financial terms of the agreement weren't disclosed. But Genius is becoming...
Wynn Macau Comfortable Saying Permits to Be Renewed or Extended
Wynn Macau believes its licenses to operate its namesake integrated resort and Wynn Palace in the world's largest casino center will be extended or renewed past June 26, 2022. That's the date when gaming permits for all six of the concessionaires in...
NHL Could Get up to $90 Million in Sportradar Stock Through Data Agreement
The NHL can take an equity stake in data provider Sportradar of up to $90 million, or 1.8 percent, following its upcoming initial public offering (IPO). In July, the NHL and Switzerland-based Sportradar reached a 10-year agreement. Under the terms of the...
Apollo, 888 Leading for William Hill International Biz as CVC Departs
888 Holdings (OTC:EIHDF) and Apollo Global Management (NYSE:APO) are the remaining contenders for the William Hill assets being auctioned by Caesars Entertainment (NASDAQ:CZR). CVC Capital Partners has dropped out of the bidding. Private equity firm CVC controls German sportsbook operator Tipico, which...
Cosmopolitan Las Vegas Rumors Say Blackstone Wants $5B Plus
Apollo Global Management (NYSE:APO) and MGM Resorts International (NYSE:MGM) are reportedly interested in acquiring the Cosmopolitan on the Las Vegas Strip. Current owner Blackstone (NYSE:BX) is rumored to be shopping the venue at a price tag of at least $5 billion. A...
SLING TV Rolling Out Barstool Sports Channel, Including Betting Content
Today, Streaming television service SLING TV annouved it's introducing a channel dedicated to Penn National Gaming's Barstool Sports unit. The Barstool Sports Channel is available to SLING subscribers and SLING Free users. Arriving just in time for the start of the 2021...
BetMGM Entering Puerto Rico, First Sports Betting Market Access Outside Mainland US
BetMGM and Casino del Mar at La Concha Resort in San Juan, Puerto Rico have announced the gaming company is bringing mobile sports wagering to the territory, marking the first access agreement outside the 50 states. The Caribbean island is an unincorporated...
888 Holdings Looking to Go Big in M&A, Says CEO Pazner
Count Israel's 888 Holdings among the companies looking to participate in gaming industry consolidation in a big way. In an investor presentation released yesterday, the gaming company highlights “strategically attractive mergers and acquisitions” as one of its top strategic priorities. CEO Itai...
Caesars William Hill Auction Nearly Done, Could Fetch up to $2.75B
Caesars Entertainment's (NASDAQ:CZR) auction of William Hill's international business is nearly complete. It's possible the US gaming behemoth will rake in more for those assets than previously expected. When Caesars revealed plans to acquire William Hill late last year, it made clear...
Facebook Soon Introducing Fantasy Sports, Predictive Games
Social media giant Facebook is dipping its toes into fantasy sports and predictive games, revealing a suite of offerings pertaining to pop culture, sports, and television shows. The first game introduced by the company is Pick & Play Sports, launched in partnership...
