5083 stories by Todd Shriber
Colorado Voters Don’t Cover The Spread, But Sports Betting Plan Proposition DD Ekes Out a Victory
It was closer than polls indicated it would be, but Proposition DD, Colorado's plan to legalize sports betting as a means of raising revenue for its water budget, was finally declared victorious on Wednesday afternoon. Centennial State voters headed to the ballot...
Caesars Entertainment CFO Hession Says Company is Examining Costs of South Korea Project
Caesars Entertainment Corp. is expected to open a namesake integrated resort in South Korea in 2021, its first push into the East Asian gaming market. But the operator is trying to be mindful of the costs associated with that endeavor. The Las...
Cosmopolitan Crosschecks Sharks Evander Kane Over $500,000 in Unpaid Markers
The Cosmopolitan Las Vegas, like any other casino, takes seriously the extension of credit or markers to its patrons. San Jose Sharks forward Evander Kane is learning that the hard way. On Monday, an entity known as Nevada Property 1, LLC, which...
Caesars Q3 Results: Viva Las Vegas, Sin City Delivers Amid Regional Struggles
Caesars Entertainment Corp. (NASDAQ:CZR) reported a third-quarter loss of 53 cents per share Wednesday after the close of US markets, far wider than the loss of five cents analysts were expecting. But the casino giant's results were propped by strong revenue growth...
NCAA Basketball Rules Changes Could Have Bettors Rejoicing Or Sweating Outcomes
The 2019-20 NCAA basketball season tips off today, and with it come a host of rules alterations that will affect bettors, both spread and totals players. Notably, the NCAA Playing Rules Oversight Panel signed off on moving the 3-point line to a...
Colorado Sports Betting Referendum Proposition DD Expected to Easily Pass in Tuesday Election
A new poll indicates that Colorado is poised to become the latest state to legalize sports betting following the Tuesday, Nov. 5 elections. Proposition DD will be considered by Centennial State voters today and is being pitched as a way for the...
Morgan Stanley Forecasts $7 Billion US Sports Betting Market by 2025, 40 Percent Increase Over Prior Projection
Morgan Stanley believes the outlook for the domestic sports wagering industry is crystallizing, prompting the investment bank to boost its revenue projection for the business to $7 billion by 2025. That's well above the firm's forecast of $5 billion issued in June...
DraftKings Partners With NBA to Tap Booming In-Game Betting Market
Daily fantasy sports (DFS) and sportsbook giant DraftKings said Monday it inked a multi-year accord with the NBA that makes the company an “Authorized Sports Betting Operator” of the association. As part of the agreement, the NBA is agreeing to share official...
Century Casinos Q3 Results Miss Estimates, But Operator Will Close Three Eldorado Purchases Sooner Than Expected
Century Casinos, Inc. (NASDAQ:CNTY) saw its stock rally early Monday even after the regional gaming company reported third-quarter results that missed consensus estimates. But the operator did say it expects to finalize purchases of three venues from Eldorado Resorts Inc. (NASDAQ:ERI) sooner...
California Dream Could Become Reality For Sportsbooks in 2020 Ballot Push
California, long viewed as one of the holy grails of the legal sports wagering industry, could turn operators' and gamblers' dreams into reality if a plan to legitimize the activity in the Golden State makes it onto the 2020 ballot. A bill...
