5313 stories by Todd Shriber
Wynn Coverup: Nightlife Exec Allegedly Took Liquor Company Kickbacks
***Update: Wynn provided Casino.org with a statement. It is in bold in the article's second subhead.*** Whistleblower says a Wynn Resorts nightlife executive took millions of dollars in kickbacks from liquor companies and distributors The source says the executive’s behavior was known to...
Kalshi Running ‘Shadow’ Sportsbook, Claim Class Action Plaintiffs
Some of the plaintiffs have problem wagering habits They believe the prediction market operator attempts to extract profits from gambling addicts The plaintiffs call Kalshi a “shadow” sportsbook that’s defying state gaming laws A group of Kalshi clients, some of whom admit...
DraftKings, Flutter Poised for Q4 Earnings Beat on Improving Hold
NFL hold rates bounced back in November and December Analyst says that’s not reflected in consensus forecasts Prediction markets aren’t product competitive with sportsbooks Flutter Entertainment (NYSE: FLUT) and DraftKings (NASDAQ: DKNG), the two largest US sportsbook operators, could top fourth-quarter earnings...
Robinhood Adds Bespoke NFL Parlays to Prediction Markets Menu
The brokerage house will allow prediction market clients to build their own NFL parlays Like other prediction market operators, Robinhood calls these “combos” Company previewed the offering at its December YES/NO event Robinhood Markets (NASDAQ: HOOD) announced Friday that it's allowing prediction...
UK Sportsbook Midnite Raises $35M in Funding Round Led by Raine
The gaming company raised $35 million in a Series C capital raise. Four previous investors also participated. Raine has extensive gaming investing experience. Midnite, a fast-growing UK-based online casino and sportsbook operator, said it raised $35 million in a Series C funding...
Goldman Sachs Hints at Prediction Markets Entry
CEO David Solomon met with leaders of two large prediction market companies He calls prediction markets “super interesting” He says the Wall Street bank has a team evaluating how the company can get involved Goldman Sachs (NYSE: GS), the largest Wall Street...
J&J Gaming Boosts Midwest Footprint in Midwest Amusements Deal
Distributed gaming operator makes big addition in its home region Midwest Amusements has more than 420 gaming devices across three states Distributed gaming company J&J Gaming said Thursday that it's acquiring Midwest Amusements LLC -- a transaction that bolsters the buyer’s Midwest...
Caesars Stock Trades at Historically Low Valuation, Says Analyst
The downtrodden stock is showing signs of life Analyst says lower-end Las Vegas leisure trends are stabilizing Interest rate cuts could boost the shares Following a dismal showing in 2025, Caesars Entertainment (NASDAQ: CZR) stock is up 6% to start 2026, and...
Interactive Brokers Sees 2026 Elections Boosting Prediction Markets
Brokerage house runs the popular ForecastEx prediction market. Company sees another boom sparked by 2026 midterm elections. Interactive Brokers (NASDAQ: IBKR), the company behind the ForecastEx prediction market, believes 2026 midterm elections will drive increased event contract activity. In an interview with...
Prediction Markets Have Sports Pricing Problems
A new report suggests prediction markets aren’t offering bettors improved prospects relative to what they get at standard sportsbooks Bettors’ effective costs are higher on most prediction markets Point was widely discussed over the course of the 2025 NFL season With sports...
