5589 stories by Todd Shriber
Churchill Downs ‘Irreplaceable Assets’ Driving EBITDA Growth, Says BofA Analyst
Churchill Downs (NASDAQ:CHDN) is setting up to be one of 2021's more compelling names in the gaming space, according to one analyst. In new coverage of the racetrack operator's stock, Bank of America (BofA) analyst Finn Barrett today rates Churchill a “buy”...
MGM Proposes $11.06 Billion Entain Takeover, But Target Says That’s Not Adequate
MGM Resorts International (NYSE:MGM) is offering $11.06 billion for Entain Plc (OTC:GMVHY). But the British bookmaker says that's not enough. Reports surfaced Sunday that the Mirage operator is seeking to acquire its partner in the BetMGM online casinos and sports betting venture....
Eris Exchange Pitching NFL Futures Contracts, Targeting Sportsbook Hedging Needs
Eris Exchange, LLC (ErisX), the operator of a digital currency exchange and clearinghouse, is asking the Commodity Futures Trading Commission (CFTC) to permit futures contracts tied to NFL games on its bourse. The Chicago-based company sent a letter to the CFTC last...
William Hill Mobile App Debuts in Washington, Can’t Be Used in Fed Buildings
William Hill's mobile betting application is live in the nation's capitol. But it doesn't offer much of the convenience gamblers associate with placing bets via smartphones. DC Lottery approved the William Hill app this month and the British bookmaker announced the launch...
Rush Street Interactive Debuts on New York Stock Exchange Following SPAC Deal
Rush Street Interactive (NYSE:RSI) is officially a public company. It launched on the New York Stock Exchange today after its merger with special purpose acquisition company (SPAC) dMY Technology Group Inc. wrapped up Tuesday. Blank-check firm dMY Technology Group raised $230 million...
Hawaii Governor Ige Quickly Objects to Kapolei Casino Plan
Hawaii Gov. David Ige (D) is already speaking out against a proposed casino in Kapolei, the second-largest city on the island of Oahu. Though not surprising, the governor's opposition to the idea comes just days after the Hawaiian Homes Commission (HHC) narrowly...
Golden Nugget Online To Make Nasdaq Debut After Landcadia Holders Approve Merger
Tilman Fertitta's Golden Nugget Online Gaming will make its debut as a standalone publicly traded entity on Wednesday, Dec. 30, launching on the Nasdaq under the ticker “GNOG.” That's after Landcadia Holdings II, Inc. (NASDAQ:LCA) investors voted to approve a merger between...
Florida Lawmaker Brandes Reintroduces Sports Betting Bills, Eyes 2021 Legalization
State Sen. Jeff Brandes (R-FL) introduced a package of sports betting legislation on Monday, marking his second such attempt on the matter in just over a year. Brandes pre-filed three bills -- Senate Bill 392 (SB 392), SB 394 and SB 396...
Caesars Wins US Antitrust Approval for William Hill Takeover, Eyes March Completion
Caesars Entertainment (NASDAQ:CZR) said Monday it cleared the antitrust waiting period for its proposed $3.69 billion acquisition of William Hill (OTC:WIMHY), putting it one step closer to creating a US sports betting behemoth. Under the Hart-Scott-Rodino Antitrust Improvements Act (HSR Act), there...
Century Closing Poland Casinos for Three Weeks Following Coronavirus Restrictions
Century Casinos (NASDAQ:CNTY) is temporarily shuttering its eight gaming properties in Poland. That's because of new quarantine protocols mandated by the government there to stem the spread of the coronavirus. The shutdowns go into effect today at 11:59 p.m local time and...
