5135 stories by Todd Shriber
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...
Las Vegas Sands Stock ‘Attractive Story’, but Price Target Trimmed
Stock remains inexpensive, but needs Macau reacceleration Deutsche Bank trims price target to $59 from $62 Amid tariff turbulence that’s increasingly strained the US/China trade relationship, shares of Las Vegas Sands (NYSE: LVS) have shed 36.31% year to date, confirming the stock...
Elaine Wynn, Co-Founder of Casino Giant, Dies at 82
She co-founded Wynn Resorts with her ex-husband, Steve The two previously worked on a variety of fabled Las Vegas casinos A cause of death hasn’t been reported Elaine Wynn, co-founder of the casino operator bearing her married name, has died. She was...
Bally’s Mulled Waiting for Star to Fall Into Administration
Regional casino operator decided to bid amid fears Star would have been too difficult to rescue in administration Kim says Bally’s had been monitoring th Star situation for a year. Bally’s (NYSE: BALY.T) considered waiting for Star Entertainment Group to be placed...
SL Green Can Meet Enviro Review Deadline for Times Square Casino
Developer commented after reports surfaced to the contrary Two other New York City casino bids could be hampered by slow environmental reviews Real estate developer SL Green said it will be able to meet the deadline for an environmental review for a...
Tariffs Not Yet Pinching Macau Casino Activity
Macau betting volumes sturdy amid US/China trade war. Large bettors continue visiting Macau casinos. With the US and China -- the world’s two largest economies -- lobbing trade barbs at each other on a seemingly daily basis, it’d be reasonable to expect...
DraftKings Slide Provides Fresh Buying Opportunity, Says Analyst
Shares have tumbled since fourth-quarter earnings report. Stock is inexpensive relative to next-12-month sales history. Shares of DraftKings (NASDAQ: DKNG) traded slightly higher Monday after an analyst upgraded the stock, noting said recent weakness could present investors with a valid buying opportunity....
