5532 stories by Todd Shriber
AWS ‘Thermal Event’ Melts Down Coinbase and FanDuel in Massive Outage
Some FanDuel bettors complained about not being able to cash out The gaming company said the issue appears to be the result of a broader AWS outage Coinbase acknowledged “core” trading functions were limited due to the outage A major cooling failure...
Wynn Reveals ‘Modest’ Delay in Opening UAE Casino
Wynn Resorts confirms there will be “modest” delay in opening UAE casino resort The venue was expected to debut in early 2027 Wynn didn’t set a new opening date, but will get into specifics in the months ahead As expected, Wynn Resorts...
DraftKings’ ‘Super App’ Strategy Fuels Record $1.65B Q1 Surge
DraftKings Predictions is now live, unifying the ecosystem under one "Super App" roof The new platform slashed customer acquisition costs by a staggering 80% in April Revenue hit $1.65 billion in Q1, crushing estimates and fueling a 599% jump in EBITDA DraftKings'...
Inside Ex-FanDuel CEO Amy Howe’s Massive $4.37M Flutter Severance Package
Howe receives a severance payment totaling two years of base salary The package includes the accelerated vesting of Restricted Stock Units (RSUs) Flutter will provide 24 months of continued health insurance coverage Former FanDuel CEO Amy Howe is exiting the Flutter Entertainment...
Report: MGM May Be Readying Another Entain Takeover Bid
Speculation is rife that MGM may be working with private equity companies on a bid for Entain It’s possible those finance companies may be interested in acquiring Entain on their own Entain is MGM’s partner on the hugely successful BetMGM joint venture...
Minnesota Could Be Next Stop for CFTC in Prediction Market Legal Fights
The CFTC is actively pursuing litigation against states suing prediction markets There’s speculation Minnesota is on the watch list Minnesota is pushing through anti-prediction markets legislation Federal regulators are dialing up the pressure on states that restrict prediction markets—and Minnesota appears to...
FanDuel CEO Amy Howe Departs in Shock Move as Prediction Markets Pressure and Slowing Growth Send Flutter Shares Tumbling
After nearly five years at the helm, Amy Howe’s tenure as the face of FanDuel has come to an abrupt end. Internal reports are swirling that Howe was forced out by parent company Flutter as the brand struggles to fend off new...
Rush Street Interactive Insiders Selling Stock, Company Adds $100M Buyback Plan
Three Rush Street Interactive insiders are selling up to 11.5 million shares The gaming company will absorb some of that supply by repurchasing $30 million of that equity The operator also announced a new $100 million share buyback plan Shares of Rush...
Report: Middle East Conflict Prompts Wynn to Consider Delaying UAE Casino Opening
Wynn Resorts is reportedly considering delaying the opening of its UAE casino resort due to the ongoing US/Iran war The $5.1 billion property is scheduled to open in the first quarter of 2027 Wynn Al Marjan Island will be the first regulated...
Las Vegas Sands Capitalizes on Credit Upgrade with $1B Bond Sale
ThS&P recently boosted its rating on the casino operator to BBB from BBB- That’s one of the highest grades among gaming companies Las Vegas Sands is selling $1 billion debt Las Vegas Sands’ (NYSE: LVS) credit rating was recently lifted to BBB...
