5081 stories by Todd Shriber
Japan Could Add Two More Casino Proposals By Late 2027
Hokkaido, Tokyo rumored to be interested in being casino homes News surfaces as MGM Osaka construction ramps up Japan could start a new round of bidding casino licenses later this year with the aim of signing off on two more integrated resorts...
Full House Stock Surges After Analyst Says Shares Can More Than Double
Gaming stock has significant, long-term potential, says analyst Colorado, Illinois casinos could be catalysts Shares of Full House Resorts (NASDAQ: FLL) rallied in Tuesday’s after-hours session after an analyst said the ailing casino stock could more than double. In initiating coverage of...
Kalshi Notches Legal Win as CFTC Retreats from Election Markets Case
Massive win for prediction markets operator Election markets brought Kalshi, others to prominence CFTC filed to dismiss its appeal Prediction markets operator Kalshi scored a significant legal victory Monday when the Commodities Futures Trading Commission (CFTC) voted to drop an appeal that...
DraftKings Could Emerge in Thin Field of Bet365 Bidders
Neither company has commented about the possibility of a marriage Bet365 rumored to be shopping itself or positioning for IPO Private equity looms large Rumors are fresh that Bet365 is considering a potentially transformative transaction, including a full or partial sale or...
Kentucky Derby Betting Sets Record, EBITDA Slightly Off 2024 Pace
Churchill Downs said all-sources Kentucky Derby betting set another record TwinSpires’ handle also notched all-time highs Sovereignty won the 151st edition of the “run for the roses” Despite poor weather and what some analysts are describing as a modest dip in ticket...
NBA Tells CFTC Prediction Market Expansion Threatens Integrity
League tells regulator fast-growing prediction markets could weigh on game integrity NBA concerned about expanding menu of sports contracts offered by prediction market operators The NBA is concerned proliferation of sports event contracts on sites such as Kalshi and PredictIt could imperil...
Legal Group Touts Victory in Bally’s Chicago IPO Saga
Group sued Bally’s, Chicago over exclusion of white men from planned casino IPO Casino operator recently updated IPO prospectus to be race-neutral A conservative legal group representing the plaintiff in a suit against Bally’s (NYSE: BALY.T) and the city of Chicago declared...
Red Rock Details $120M Durango Expansion, Unveils Special Dividend
Says Durango on pace to be one of its “highest-margin properties” Expansion includes 25,000 square feet of new casino space Operator declared special dividend of $1 per share Shares of Red Rock Resorts (NASDAQ: RRR) gained Friday after the operator outlined plans...
Layup Looks to Combine Parlays with Saving Money
Company offers unique spin on parlay betting with a savings kicker Deposits are saved, not wagered Bettors love parlays, but the real winners in those long odds wagers are sportsbook operators. A financial technology (fintech) company is looking to make parlays more...
Sporttrade, with State Licenses in Tow, Asks CFTC for National Approval
Sports prediction market seeking permission to operate nationally It’s the first sports-only derivatives shop to seek such approval To avoid what it describes as potential “irreparable harm,” sports betting exchange operator Sporttrade is asking the Commodities Futures Trading Commission (CFTC) to grant...
