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Todd Shriber
5639 stories by Todd Shriber
Wynn Facing Fed Probe Tied to VP’s Alleged Liquor Scheme
Whistleblower informed Department of Justice (DOJ) regarding possible improprieties involving alcohol companies and a Wynn nightlife executive The assistant US attorney looking into the matter handled the DOJ’s case against Wynn resulting in a $130...
Super Group Affirms 2025 Guidance, Announces Special Dividend
Betway parent forecasts 2025 revenue of $2.17 billion to $2.27 billion Guidance reflects strength in iGaming operations Company also unveils special dividend Shares of Betway owner Super Group (NYSE: SGHC) traded slightly higher Wednesday after...
Massachusetts Court Grants Injunction Blocking Kalshi’s Sports Prediction Markets
Judge approves attorney general’s request for a preliminary injunction against Kalshi. Injunction goes into effect on Jan. 23. Kalshi expected to appeal, but unless it wins on appeal, it’s barred from offering sports event contracts...
High Roller Gives and Takes as Investors Search for Prediction Market Stocks
The previously high-flying stock tumbled Tuesday on news of a $25 million share sale The volatile stock has been soaring this year as retail traders search for equities with prediction market ties Shares of High...
Wynn Coverup: Nightlife Exec Allegedly Took Liquor Company Kickbacks
***Update: Wynn provided Casino.org with a statement. It is in bold in the article's second subhead.*** Whistleblower says a Wynn Resorts nightlife executive took millions of dollars in kickbacks from liquor companies and distributors The source...
Kalshi Running ‘Shadow’ Sportsbook, Claim Class Action Plaintiffs
Some of the plaintiffs have problem wagering habits They believe the prediction market operator attempts to extract profits from gambling addicts The plaintiffs call Kalshi a “shadow” sportsbook that’s defying state gaming laws A group...
DraftKings, Flutter Poised for Q4 Earnings Beat on Improving Hold
NFL hold rates bounced back in November and December Analyst says that’s not reflected in consensus forecasts Prediction markets aren’t product competitive with sportsbooks Flutter Entertainment (NYSE: FLUT) and DraftKings (NASDAQ: DKNG), the two largest...
Robinhood Adds Bespoke NFL Parlays to Prediction Markets Menu
The brokerage house will allow prediction market clients to build their own NFL parlays Like other prediction market operators, Robinhood calls these “combos” Company previewed the offering at its December YES/NO event Robinhood Markets (NASDAQ:...
UK Sportsbook Midnite Raises $35M in Funding Round Led by Raine
The gaming company raised $35 million in a Series C capital raise. Four previous investors also participated. Raine has extensive gaming investing experience. Midnite, a fast-growing UK-based online casino and sportsbook operator, said it raised...
Goldman Sachs Hints at Prediction Markets Entry
CEO David Solomon met with leaders of two large prediction market companies He calls prediction markets “super interesting” He says the Wall Street bank has a team evaluating how the company can get involved Goldman...
