5134 stories by Todd Shriber
Elaine Wynn’s Death Sparks Question About Her Stock
She was the second-largest individual shareholder in Wynn Resorts No clarity as of yet regarding what becomes of her stake in the company Wynn Resorts (NASDAQ: WYNN) co-founder Elaine Wynn passed away last week at the age of 82 and her death...
Genius Sports Lands ‘Buy’ Rating in New Deutsche Bank Coverage
Stock is a play on “macro uncertainty” facing gaming industry Price target implies upside of about 20% Though it’s following other gaming equities lower on another rough day for stocks, Genius Sports (NYSE: GENI) landed a “buy” rating in new coverage by...
Ramos Says Queens Casino Could Win Without Her Help
State senator has opposed parkland alienation legislation Admits Metropolitan Park could come to life despite her objections She’s a New York City mayoral candidate State Sen. Jessica Ramos (D-Queens), the New York politician that’s long objected to a proposed casino hotel in...
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...
