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Todd Shriber
5695 stories by Todd Shriber
Betr Diving Into Prediction Markets Through Polymarket Partnership
Betr will launch a prediction markets platform leveraging Polymarket contracts The agreement will see Polymarket event contracts appear on the Betr mobile app The partnership is described as a “multi-year” deal Jake Paul’s Betr is...
Accel Entertainment Stock Soars as Investors Bet on Chicago VGT Spark
The company believes Chicago-area VGTs could be online before the end of 2026 Analysts view that as a catalyst for the stock One analyst says Chicago VGTs could have higher margins and faster payback periods...
Betting on Bezels: Kalshi Opens Watch Futures Markets
Kalshi is partnering with luxury watch marketplace Bezel Event contracts will be tied to prices of fancy timepieces Brands include Patek Philippe and Rolex Kalshi knows what time it is. Via a partnership with Bezel,...
Prediction Markets Could Face Liability if Deemed Addictive, Says Law Firm
Prediction markets could contend with legal liability if courts view the industry as pushing an addictive product Getting there requires courts to make judgments on whether the industry is operating in the realm of finance...
Kalshi Launches Market on Caesars Takeover Odds as Buyout Speculation Builds
Prediction market operator will hang a market on Caesars potentially being acquired Rumors to that effect emerged last week There’s talk of a management-led buyout and Tilman Fertitta being involved Thanks to Kalshi, the Caesars...
DraftKings Forecasts 30% EBITDA Margins, Unveils Super App Plans
DraftKings forecasts long-term adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) margin of 30% Sees potential upside to that projection Company sees $55 billion to $80 billion industry “gross revenue opportunity” In advance of...
DraftKings Investor Day Could Spark the Stock, Says Analyst
DraftKings holds its investor day on Monday The stock is down 44.22% over the past year and 30.82% year-to-date Analyst says prediction markets commentary could be a catalyst for shares With the stock down nearly...
Bally’s Acquires Bronx Casino Land for $156.6 Million
Bally’s buys 16 acres on which a casino hotel will be built The land is part of acreage currently occupied by a golf course Company plans to spend $4 billion on Bronx casino project Bally’s...
Churchill Downs Won’t Allow Prediction Markets Access to Kentucky Derby
Company says prediction markets need its consent to offer Derby event contracts Gaming firm hasn’t agreed to provide that authorization and doesn’t appear willing to When the Kentucky Derby takes place on Saturday, May 2,...
Caesars Considering Buyout Bids, Including One From Tilman Fertitta
Caesars stock surged late Thursday amid reports multiple bidders are eyeing the company One of the prospective buyers is rumored to be Tilman Fertitta Other Las Vegas casino stocks moved higher in sympathy On the...
