5136 stories by Todd Shriber
Robinhood Told to Scrap March Madness Contracts in New Jersey
Regulatory action comes ahead of massive weekend of college hoops betting Partner Kalshi also told to cease-and-desist in New Jersey The New Jersey Division of Gaming Enforcement (NJDGE) issued cease-and-desist letters to Robinhood Markets (NASDAQ: HOOD) and partner Kalshi, telling the companies...
UAE Sports Betting App Has Juice, but No Squeeze
Betting app doesn’t require real money be put on the line Wagering is prohibited by Islam It’s been said that “life is more fun with skin in the game.” In fact, that was a tagline in a DraftKings commercial. A “betting” company...
bet365 Could Be Takeover Target, Says Research Firm
Bet365 could now be a more attractive takeover target Price could be steep, assuming Coates family wants to sell Bet365 could be a takeover target as the UK sportsbook behemoth pulls back from Asia and expands in the US, according to a...
Underdog Valued at $1.23 Billion Following Latest Funding Round
Daily fantasy sports giant now valued at more than $1 billion Valuation could move higher because funding round is still open Underdog Fantasy Sports is now valued at $1.23 billion following a $70 million funding round led by venture investor Spark Capital....
Genius Sports Providing Tech for Women’s Sports Monetization Platform
Deep Blue Sports + Entertainment will use Genius FANHub platform Example of Genius technology expanding beyond sports wagering Genius Sports announced Tuesday that its FANHub platform will underpin a new effort by Deep Blue Sports + Entertainment to drive better advertising economics...
Alaska State Rep Introduces Online Sports Betting Bill
Alaska is one of the smallest states in the country Unclear if there’s momentum for the legislation Nearly three months into 2025, there hasn’t been much of note happening on the iGaming and online sports betting legislative fronts, but Alaska is among...
Tilman Fertitta Now Owns Nearly 12% of Wynn Stock
Tilman Fertitta recently added to stake in Wynn Resorts He bought 1.68 million shares, taking his percentage to 11.8% Tilman Fertitta increased his stake in Wynn Resorts (NASDAQ: WYNN) stock, elevating his owned percentage in the casino operator to 11.8%. A Schedule...
EDGE Markets Lands $17.2M in Funding for Gaming-Only Banking Platform
Company closed funding round late last year It launched a debit card designed to encourage responsible wagering habits EDGE Markets announced that it wrapped up a $17.2 million seed financing round late last year, paving the way for expansion of its EDGE...
MGM Rewards Unveils More Marriott, Royal Caribbean Perks
It’s one of the gaming industry's biggest loyalty programs Furthers relationship with Marriott Bonvoy MGM Resorts International announced today that its loyalty program, which is one of the largest in the casino industry, is adding new avenues for accruing perks, including some...
Robinhood Facing Massachusetts Inquiry on NCAA Tournament ‘Gimmick’
Secretary of State examining March Madness event contracts He’s concerned about potential negative effects on young investors Robinhood Markets (NASDAQ: HOOD) is contending with an inquiry in Massachusetts related to its recently launched event contracts on the NCAA basketball tournaments. Just days...
