5316 stories by Todd Shriber
Las Vegas Stocks Low in Gaming Equity Pecking Order Says Analyst
Las Vegas Strip operators are facing revenue challenges, though stocks are seen as value plays Analyst sees other gaming sub-groups as preferable to Las Vegas stocks Amid a three-month streak in which Las Vegas gross gaming revenue (GGR) tracked lower on a...
Illinois OSB Tax Gambit Unlikely to Spur Copycat Moves, Says Analyst
Other states unlikely to mirror Illinois plan Illinois requiring operators to pay 25 cents per wager on the first 20 million bets booked, 50 cents thereafter Sports betting stocks slipped on the news News that the Illinois budget for fiscal 2026 contains...
Illinois Again Hikes Sports Betting Taxes, DraftKings, FanDuel to Bear Brunt
State unveils second sports betting tax increase in a year Calls for operators to pay 25 cents on the first 20 million bets booked After that, the levy increases to 50 cents per bet The Illinois budget signed Saturday by Gov. J.B....
Wynn Stock Usually Isn’t a June Winner
Shares of Wynn Resorts have struggled in June over the past decade The stock has been one of the worst June performers over that span Monday marks the start of the June trading month and at least well-known gaming stock faces some...
Olympus Sportsbook Founder Zhauyrov Selling NYC Condo for $8M
He’s wanted in his home country of Kazakhstan The Tribeca condo is on the market for $8 million, slightly less than what he paid for it Anarbek Zhauyrov, the Kazakhstani national that’s wanted in his home country and known as the founder...
Puig Sports Betting Guilty Plea Reversed by Ninth Circuit Court
Former MLB player previously backed out of plea deal with federal prosecutors He allegedly placed illegal sports wagers in 2019 and was accused of making false statement to the Justice Department Former Major League Baseball (MLB) player Yasiel Puig scored a legal...
Sands CEO Says Macau Faces Near-Term Hurdles, Bullish Long-Term
Says macroeconomic factors weighing on visitor spending Online gaming, junket market woes have played roles, too He’s still bullish on Macau long-term Las Vegas Sands (NYSE: LVS) CEO Robert Goldstein said a variety of macroeconomic factors are hindering gross gaming revenue (GGR)...
Bet365, Fanatics Gaining OSB Share at Expense of Two Rivals
Bet365, Fanatics gradually climbing US sports betting ranks Market share gains appear to be coming at expense of pair of older rivals Bet365 and Fanatics are two of the younger contenders in the US online sports betting industry, but their gradually adding...
Caesars Times Square Casino Plan Wins Support from Wyndham, Others
Wyndham CEO backs Times Square casino effort Sony Hall, The Town Hall also in favor of gaming project Caesars Entertainment’s plan to bring a casino hotel to Times Square won some marquee endorsements over the past 24 hours with several big names...
DraftKings Not in Play for Long Island Casino
Las Vegas Sands, DraftKings reportedly held talks on Long Island casino plan Companies discussed possible partnerships with DraftKings, but those talks stopped Count DraftKings out as a potential candidate to take over Las Vegas Sands’ lease at the Nassau Coliseum in Uniondale,...
