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Todd Shriber
5750 stories by Todd Shriber
Cathie Wood’s ARK Invest Partnering with Kalshi on Financial Prediction Markets
The growth-oriented asset manager will use select Kalshi markets as part of its research process and portfolio strategy ARK is focusing on three use cases for research process and portfolio strategy The money manager and...
Sharp Bettors Moving Cash to Prediction Markets, Sports Expected to Extend Volume Dominance
Experts say large, skilled bettors are embracing the convenience of prediction markets Sports seen extending volume, liquidity leads on prediction market platforms Sportsbook apps still provide the superior user experience The convenience offered by prediction...
Sportsbooks Slashing Post-Super Bowl Promo Spending
February promotional spending is down dramatically in at least six states Post-Super Bowl pruning is typical, but 2026 declines are large Just two operators increased promotional expenditures last month With football being the most wagered...
Codere Online May Be Buyout Target Amid Parent Company Takeover Rumors
Spanish media reports suggest Codere Group is a takeover target That could stoke buyout interest in Codere Online Prospective buyers of Codere Group could look to simplify the corporate structure Amid speculation that Codere Gaming...
Massachusetts Dem Bans Staff from Using Prediction Markets
Moulton is the first member of Congress to take such action The ban applies to all of his staffers, including those working in the Massachusetts district he represents He says prediction markets “are playgrounds for...
Penn Poised for Improving Finances in 2026, Says Credit Analyst
Revamping of multiple regional casinos helps the outlook So does an improving picture for the company’s digital gaming unit Lease-adjusted leverage currently resides at 7x In somewhat quiet fashion, shares of Penn Entertainment (NASDAQ: PENN)...
New York City Casinos Seen Posting up to $5.6B in Annual Revenue
Research firm says that’s the bull case scenario for the three licensees The bulk of that estimate is based on gaming revenue with some contributions from non-gaming sources The base case scenario is $4.7 billion...
Robinhood Sees Prediction Markets Evolving Beyond Sports
Brokerage firm aiming to be a prediction markets leader Company could build-out prediction platform with wider-ranging institutional capabilities Analyst says international expansion could be in the cards Robinhood Markets (NASDAQ: HOOD) is aiming to be...
Kalshi Expands Insider Trading Rules With Athlete, Politician Screens
The prediction market operator is expanding its insider trading protocols Those include “preemptive” athlete and politician screening The move comes as senators attempt to ban sports event contracts Kalshi, the largest prediction market operating in...
Caesars Takeover Could Spark New Wave of Casino Deals, Says Analyst
If a Caesars takeover happens, it could be “the first of many” in the casino industry, says Truist analyst Jonas Due to Caesars being a high-profile operator, boards at other gaming companies may be compelled...
