5590 stories by Todd Shriber
DraftKings Inks Deal With Premier Lacrosse League Ahead of Summer Tournament
DraftKings will be the official betting partner of the Premier Lacrosse League (PLL) and the association's lone regulated gaming sponsor, announcing the deal just days before PLL's summer tournament starts. DraftKings revealed the agreement Thursday and financial terms weren't disclosed. The 16-day,...
Louisiana Governor Says Eight Is Great for Daily Fantasy Sports Tax Rate
Louisiana Gov. John Bel Edwards (D) earlier this week signed off on a tax rate of eight percent on daily fantasy sports (DFS) contests, paving the way for DFS legitimacy in the Pelican State. House Bill 64, which sets the DFS levy...
Caesars Regional Casinos Shine in Reopening, Las Vegas Properties Not So Much
Caesars Entertainment (NASDAQ:CZR) says its regional properties continue performing well following recent reopenings, but its gaming venues in destination markets, such as Las Vegas, are struggling. The same sentiment is being articulated by Eldorado Resorts (NASDAQ:ERI), the company that's closing in on...
Mohegan Banks on Betfred for Virgin Hotels Las Vegas Sportsbook
British bookmaker Betfred will run the sportsbook inside Mohegan Sun Casino at Virgin Hotels Las Vegas when that venue opens in the fall. Mohegan Gaming & Entertainment (MGE -- the casino arm of the Connecticut Native American tribe of the same name...
Scientific Games Wants Shot at Rhode Island Lottery Scratcher Contract, IGT Balks
Scientific Games is asking Rhode Island lawmakers to open the bidding for a lucrative instant lottery ticket contract, one the gaming company says was awarded to rival International Game Technology (IGT) without a competitive bidding process. Las Vegas-based Scientific Games is a...
Colorado Posts ‘Encouraging’ $25.6 Million Handle in First Month of Legal Sports Betting
May 2020 was Colorado's first month in the legal sports wagering arena. All things considered, the state's $25.62 million handle is solid. When betting experts and historians look back on 2020, May will not go down as the optimal time for any...
Melco, Wynn Lead Macau Stock Rally as US-Focused Operators Wilt Against COVID-19 Backdrop
Melco Resorts & Entertainment (NASDAQ:MLCO) and Wynn Resorts (NASDAQ:WYNN) led a rally in gaming equities Monday that was largely confined to companies with Macau exposure. That rally came after it was revealed Guangdong province will lift its quarantine policy with the gaming...
Macau Concessionaires Get Good News with End of Guangdong Quarantine Policy
In what could be the start of a rebound for Macau gaming operators, Guangdong province is lifting its 14-day quarantine policy on all visitors returning from the gaming center. That change goes into effect early Wednesday, July 15. Guangdong is the nearest...
Tennis Integrity Unit Monitoring Chicanery in Off-Tour Exhibition Tilts
The Tennis Integrity Unit (TIU) -- the organization that evaluates match-fixing allegations within the sport -- is investigating widespread claims of that nefarious deed at various off-tour exhibitions that are popping up in the wake of the coronavirus pandemic. As is the...
New York Should Turn to Online Sports Betting to Boost Revenue, Says Muni Bond Manager
The COVID-19 pandemic is stressing cities and states, crimping revenue collection, and creating massive budget shortfalls. New York is in that boat, and one municipal bond manager believes the state could turn to sports wagering to shore up its deteriorating balance sheet....
