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Todd Shriber
5640 stories by Todd Shriber
Employers Need to Be Vigilant on Prediction Markets Insider Trading, Says Law Firm
The rise of prediction markets has been accompanied by allegations of insider trading It’s largely tied to corporate events, such as new product releases Prediction markets don’t yet have a clear insider trading framework The...
Caesars Sportsbook Coming to Rampart Casino in Summerlin
First example of a Caesars-branded sportsbook in a locals' casino Venue is expected to open in early 2026 Caesars Entertainment and the Rampart Casino announced a partnership on Monday under which a Caesars Sportsbook will...
Rising Prediction Markets Have Implications for Junk-Rated Rivals
Non-investment grade lottery operators could be pinched by the rise of prediction markets, says asset manager Outlook is “mixed” for regional gaming operators Investors need to display “greater vigilance,” says money manager The continued rise...
Penn iGaming App Tagged with Patent Infringement Lawsuit
Regional casino operator and its digital unit were hit with suit. Single Action Bet Tech says gaming company infringed on two of its patents. Plaintiff provides tech that makes betting actions more efficient. Penn Entertainment’s...
Prediction Markets Search for Growth Outside Sports Contracts
By some estimates, sports event contracts account for 75% to 80% of prediction market volume. Some say it’s higher than that. One research firm says that percentage could significantly decline over the long-term. Though they...
Coinbase Poised to Partner with Kalshi on Prediction Markets
Two companies already have a relationship. Coinbase expected to reveal prediction market plans next week. Partnership could be similar to Kalshi/Robinhood. When it launches it prediction markets platform, which could occur imminently, Coinbase Global (NASDAQ:...
Winklevoss Twins’ Gemini Lands Prediction Markets Approval
Gemini Space Station, the brothers’ cryptocurrency exchange, wins prediction markets approval from CFTC Company’s event contracts push was revealed last month Approval brings another crypto-centric player to the fast-growing industry Gemini Space Station (NASDAQ: GEMI),...
Fox Not Looking to Get Into Sports Betting, Says CFO Tomsic
FOX Bet was shuttered in 2023 Media company has option to acquire 18.6% of FanDuel It also owns $900 million worth of Flutter Entertainment equity Fox Corporation (NASDAQ: FOX) is one of the biggest names...
Bally’s to Sell Rhode Island Casino Property in Q1 After Landing $1.1B in Financing
Sale of Twin River Lincoln Casino real estate expected in Q1 after Bally’s lands new financing Private credit firms lending casino operator $1.1 billion Some of the proceeds could be used for New York casino...
Monarch Casino Inching Closer to Finding Acquisition Target, Says Analyst
Regional casino operator is frequently attached to M&A rumors, but hasn’t made a deal Company is known to be highly selective when it comes to evaluating acquisitions It’s unlikely to buy a casino in Nevada...
