5081 stories by Todd Shriber
MLB Union Pushes Judge to Scrap DraftKings NIL Appeal
MLB Players Association (MLPBA) asks federal judge to reject DraftKings’ NIL appeal effort Court ruled against the gaming company’s motion to dismiss last month Original suit was filed in September 2024 The Major League Baseball Players Association (MLPBA) is asking a federal...
MGM Debuts New Credit Card with Big Rewards, $250 Annual Fee
Cardholders can earn up to 6x points and tier credits Rewards can also be earned on BetMGM Card has $249 annual fee MGM Resorts International unveiled a new credit card that allows customers to earn up to 6x points and tier credits...
DraftKings Yanks Prediction Markets Application
Decision comes eight months after application was filed Sportsbook operator pulls application as legal challenges mount against Kalshi DraftKings (NASDAQ: DKNG) pulled an application submitted to the National Futures Association (NFA) that had it been approved, would have set the stage for...
New York Pol Proposes Sports Betting Limits, $5,000 Daily Cap
Democrat assembly member wants to cap daily betting activity and deposits His bill also calls for major restrictions on advertising by the industry A New York politician is proposing sweeping restrictions on the online sports wagering industry and on bettors in the...
Light & Wonder Takes 20% Stake in Bang Bang Games
Slot machine giant makes 20% equity investment in online slot studio Investment made via Light & Wonder’s “Spark” program Light & Wonder (NASDAQ: LNW) announced today it took a 20% stake in online slot studio Bang Bang Games. The investment was made...
Sportsbook Ops Look to Leverage Prediction Markets to Their Advantage
Gaming industry taking state-level approach to combatting prediction markets Market observers see a future in which both forms of betting coexist Amid a new competitive threat from prediction markets, online sportsbook operators are attempting to wring benefit from that rivalry and are...
Tennessee Chimes In On Sports Prediction Markets
State claims only its regulator can approve sports betting there Doesn’t go as far as other states in quest to limit prediction markets Tennessee is the latest state to voice opposition to prediction operators offering sports-linked event contracts with its gaming regulator...
Ex-Baylor Staffer Facing NCAA Penalties for Illegal Sports Bets
Former employee of the Big 12 school placed nearly 3,000 bets over six years Some of the bets were on Baylor games Sports betting isn’t legal in Texas, but DFS is A former Baylor University staffer is facing NCAA penalties for placing...
FanDuel Again Top Sports Betting Brand, Says Jefferies
FanDuel maintains top spot in March among sports betting brands Rush Street Interactive climbing the ranks, too In March, FanDuel maintained its lead as the dominant iGaming and online sports betting brand, though some smaller rivals made noticeable moves, too. Leveraging a...
Icahn Activism Could Distract Caesars from Debt-Cutting Goals
Investor hasn’t officially declared he’s turning activist He would like to see Caesars spin-off digital unit That could distract from debut reduction, says research firm Carl Icahn hasn’t officially signaled that he's turning activist with his Caesars Entertainment (NASDAQ: CZR) investment, but...
