5448 stories by Todd Shriber
Young Bettors Likely to Be Crypto, Stock Speculators, Too, Says TransUnion
Gen Z and millennial bettors are more likely to have crypto trading apps Many bettors are looking for “big payoffs” in the stock market, too Younger bettors increasingly embrace online sports wagering, are tepid on casino visits Gen Z and millennials are...
Robinhood Prediction Markets Biz on Pace for $200 Million in Revenue
Analyst estimate is based on September volume of $2.6 billion Analyst says Robinhood customers account for up to 35% of Kalshi volume on any given day Robinhood Markets’ (NASDAQ: HOOD) move into football prediction markets is already paying dividends for the company...
Brightstar Lottery Stock Has Multiple Growth Levers, Says Analyst
iLottery, international contracts could bolster case for the stock Analyst sees “improving setup,” says Italy concerns may be overstated In quiet fashion, shares of Brightstar Lottery (NYSE: BRSL) are higher by almost 33% over the past 90 days, and at least one...
Allwyn Buying Majority Stake in PrizePicks Valuing DFS Firm at $2.5 Billion
Swiss lottery operator buying 62.3% of DFS giant Deal includes initial cash payment of $1.6 billion, placing enterprise value of $2.5 billion on PrizePicks That exceeds latest valuation estimate on PrizePicks PrizePicks, which says it’s the largest daily fantasy sports (DFS) company...
Standard General Facing Miami Pension Suit Over Bally’s Deal
Pension investor calls Bally’s owner “vulture hedge fund” Claims Standard General’s bid to acquire Bally’s was “coercive” Says Sinclair Broadcasting assisted Kim’s hedge fund The Miami Police Pension and Relief Fund claims Standard General’s 2024 offer to acquire regional casino operator Bally’s...
Standard General enfrenta demanda de pensiones de Miami por acuerdo con Bally’s
Inversor de pensiones llama al dueño de Bally’s “fondo buitre” Afirma que la oferta de Standard General para adquirir Bally’s fue “coercitiva” Dice que Sinclair Broadcasting ayudó al fondo de cobertura de Kim El Fondo de Pensiones y Ayuda de la Policía...
Polymarket SEC Filing Spurs Speculation on Token Offering
Prediction market’s latest filing includes verbiage pointing to potential token sale Move could be linked to company’s latest capital raise Polymarket is close to relaunching in the US Polymarket’s latest filing with the Securities and Exchange Commission (SEC) sparked speculation in the...
Wynn Resorts Stock a Catalyst-Rich Environment, Says Analyst
Stock is already on fire, but analyst sees room for more upside Case can be made Wynn is still a value stock Shares of Wynn Resorts (NASDAQ: WYNN) are higher by nearly 48% year-to-date with essentially all of that gain accrued over...
Genius Boosts Media Biz with Sports Innovation Lab Acquisition
Deal combines Genius league data with target’s real-time fan activation platform Acquisition seen supporting Genius media business Genius Sports (NYSE: GENI) said Thursday it acquired Sports Innovation Lab in a transaction aimed at lifting the buyer’s burgeoning media unit. Financial terms of...
Las acciones de Wynn Resorts se encuentran en un entorno rico en catalizadores, según los analistas
Las acciones ya están en alza, pero los analistas ven margen para seguir subiendo Se puede argumentar que Wynn sigue siendo una acción de valor Las acciones de Wynn Resorts (NASDAQ: WYNN) han subido casi un 48 % en lo que va...
