Areas of Expertise
4983 stories by Todd Shriber
Circa Sports, Resorts Casino Halt NBA Bets To Honor Kobe Bryant as Bettors Speculate on Spate of Unders
At least two sportsbook operators – Circas Sports in Las Vegas and Resorts Casino of Atlantic City, N.J. – ceased taking bets on today's NBA slate following the death of Los Angeles Lakers legend Kobe Bryant. Bryant, 41, died in a helicopter...
DraftKings Already Seen as Takeover Target Despite not Being Public nor Profitable
DraftKings isn't yet a public company, but its stature could make the company a compelling acquisition target for traditional gaming operators looking for entries into a fast-growing market. For the first nine months of 2019, the period for which data are most...
Illinois Releases Second Phase Sports Wagering Rules: No Launch Date Or State Schools Betting
The Illinois Gaming Board (IGB) on Thursday published Phase II of the rules that will govern sports betting in the Prairie State. But when wagering on games there gets off the ground isn't yet known. Sports betting was approved as part of...
No Fairytale Ending in DraftKings ‘Bachelor’ Collusion Flap, Roper Tolbert Stripped of $1 Million Prize
After nearly three weeks of social media criticism and debate, daily fantasy sports (DFS) giant DraftKings appears to be voiding a $1 million prize won by Jade Roper Tolbert, a former contestant on the popular reality show “The Bachelor.” The ruling comes...
DraftKings Player Olson, Jilted Over Sign-Stealing Scandal, Sues MLB, Boston Red Sox and Houston Astros
Kristopher Olson, a DraftKings player from Massachusetts, is suing Major League Baseball (MLB) and two of the clubs involved in the sign-stealing controversy. Olson alleges the league knew about the scandal involving the Boston Red Sox and Houston Astros while it was...
Twin River Wraps up Colorado Acquisitions, Gets Three Sports Betting Licenses
Twin River Worldwide Holdings, Inc. (NYSE:TRWH) said today it put the finishing touches on a $51 million transaction announced a year ago to acquire three Colorado casinos from Affinity Gaming. The operator of Rhode Island's two gaming venues is now the owner...
Public Prosecutor Raids Gaming Company Tokyo Office Connected to Graft Scandal
Various Japanese media outlets reported early Friday that the Tokyo Public Prosecutor's office “raided” the work space of an unidentified gaming company in the city. The raid was in connection to the sprawling bribery probe that has wracked the country's efforts to...
MGM Bets on Black Hole, Becomes Las Vegas Raiders Official Gaming Partner
Jan. 22, 2020 will go down as an historic date in NFL lore, because that's the day the Raiders officially became the league's first franchise in Las Vegas. After being the Las Vegas Raiders for just a day, the franchise quickly found...
Red Rock Resorts Rallies After Forecasting Consensus-Beating Q4 Results, Palms Chips In
Shares of Station Casinos parent Red Rock Resorts, Inc. (NASDAQ:RRR) rallied Thursday after the company pre-announced fourth-quarter results, delivering revenue and earnings before interest, taxes, depreciation and amortization (EBITDA) estimates that thump Wall Street forecasts. The operator of the Palms said it...
Baker Budget Bets on Less Tax Revenue From Massachusetts Casinos
Massachusetts Gov. Charlie Baker's fiscal 2021 budget forecasts $282.7 million in receipts from the state's three casinos, down from the $294 million the Commonwealth is expecting to haul in for the current fiscal year. As of the end of 2019, the Bay...