5254 stories by Todd Shriber
Wynn UAE Casino Could Be Company’s Biggest Profit Driver
Wynn Al Marjan Island could eventually become biggest profit contributor to parent company, say CBRE analysts Venue could generate up to $230 million in annual licensing fees UAE casino could become the largest fee contributor in the Wynn portfolio Wynn Al Marjan...
Robinhood Leans Into Parlays, er, Combos in Prediction Markets Push
Robinhood discussed “prediction markets reimagined” at Tuesday event. Sports event contracts were front-and-center. Company unveiled new and upcoming parlay, player prop offerings. At a Tuesday investor event, Robinhood Markets (NASDAQ: HOOD) discussed “prediction markets reimagined” with sports event contracts, including parlays, seemingly...
Tribal Casino Leaders Push for Increased Oversight of Prediction Markets
At least one tribal gaming leader says sports betting through predictions violates laws He says the CFTC and the Commodities Exchange Act (CEA) don’t shield prediction markets from those violations A California tribal gaming leader is pushing for congressional action As prediction...
Las Vegas Sands Rating, Price Target Lifted by Goldman Sachs
Analyst says Marina Bay Sands has momentum Expects Sands to buy back $2 billion worth of shares Goldman analyst is also bullish on Wynn Resorts Already one of 2025’s best-performing casino stocks, Las Vegas Sands (NYSE: LVS) received some added support Monday...
Underdog Lost Arizona DFS License Due to Prediction Markets. Others Could Be Next.
Last week, Arizona pulled Underdog’s fantasy sports license amid the company’s prediction markets push. Analyst says Fanatics, PrizePicks at risk of similar fate. DraftKings, FanDuel appear safe in the state. Last week, Arizona regulators yanked Underdog’s fantasy sports license as the company...
Robinhood Prediction Markets Entry Threatens DraftKings, FanDuel, Says Analyst
Robinhood plans to unveil its prediction market platform at a Dec. 16 investor event. Company could highlight less dependence on Kalshi. Analyst says competitive threat to sportsbook operators could be emerging. On Tuesday, Robinhood Markets (NASDAQ: HOOD) is hosting Robinhood Presents: YES/NO,...
Employers Need to Be Vigilant on Prediction Markets Insider Trading, Says Law Firm
The rise of prediction markets has been accompanied by allegations of insider trading It’s largely tied to corporate events, such as new product releases Prediction markets don’t yet have a clear insider trading framework The rise of prediction markets has ushered in...
Caesars Sportsbook Coming to Rampart Casino in Summerlin
First example of a Caesars-branded sportsbook in a locals' casino Venue is expected to open in early 2026 Caesars Entertainment and the Rampart Casino announced a partnership on Monday under which a Caesars Sportsbook will come to the Summerlin, Nev. gaming venue....
Prediction Markets Revenue Could Surge 5x by 2030, Says Analyst
Citizens analyst sees path to $10 billion-plus revenue opportunity by 2030 Says event contracts have clear uses for institutional investors Event contracts quash inefficiencies previously associated with trading “discrete events” such as economic data releases Prediction markets are already flirting with $2...
Rising Prediction Markets Have Implications for Junk-Rated Rivals
Non-investment grade lottery operators could be pinched by the rise of prediction markets, says asset manager Outlook is “mixed” for regional gaming operators Investors need to display “greater vigilance,” says money manager The continued rise of prediction markets heightens competition in the...
