5215 stories by Todd Shriber
BetMGM Getting Into Gift Card Game, Available in Select States
BetMGM announced today that it's making gift cards available in select states where the gaming operator is live and legal. The iGaming and online sportsbook company is partnering with New York-based payments provider TAPPP to offer gift cards. The news arrives just...
Sportsradar IPO Could Value Company at up to $8.3B, Double Nearest Competitor
In an amended Form F-1 filing with the Securities and Exchange Commission (SEC), Sportradar updated its initial public offering (IPO) plans. It now indicates it plans to raise $504 million by selling 19 million shares at a range of $25 to $28,...
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...
Las Vegas Sands Can’t Restart Dividend Until End of 2022 Per Lender Agreement
Las Vegas Sands (NYSE:LVS) won't restart its dividend until at least late 2022. That's unless it meets certain liquidity requirements due to an amended agreement with a group of creditors. In exchange for laying off resumption of the payout, the gaming company...
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...
