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Todd Shriber
5798 stories by Todd Shriber
Tema ETFs Launches First Prediction Market ETF
The first prediction market ETF has arrived, but Tema ETFs’ new fund offers exposure to the industry in a way casual observers of yes/no exchanges might not expect. Polymarket is one of the largest holdings...
Sydney Sweeney Strips Down for Novig Prediction Market Ad Campaign
Novig thinks Sydney Sweeney "knows ball"—so much so that the sports prediction market operator has named the Euphoria star an equity partner and face of its bold new ad campaign. Actress Sydney Sweeney. She's starring...
Monarch Casino Tagged ‘Best-in-Class’ Among Gaming Stocks
Shares of Monarch Casino & Resort (NASDAQ: MCRI) are up nearly 25% year to date—outperforming most regional gaming peers—and one Wall Street analyst says the stock still has room to run. Monarch Casino Resort Spa...
Citizens: Prediction Market Threat to Sports Betting Is Easing
With sports event contracts driving a substantial portion of prediction market volume, yes/no exchanges are widely seen as competitive threats to traditional online sportsbooks. While 12-month stock declines for operators like DraftKings (NASDAQ: DKNG) and...
BofA: Sports Bettors Keeping 75 Cents for Every $1 Wagered
Fresh Bank of America research highlights the steep odds facing sports bettors, revealing how difficult it is to break even—much less turn a profit. Sports betting and prediction markets are tough ways to make a...
Clairvest Emerges as Potential Buyer for MGM Springfield
Canadian private equity firm Clairvest Group is reportedly seeking to acquire the operating rights to MGM Springfield from MGM Resorts International (NYSE: MGM), pending local regulatory approval. MGM Springfield. Rumors suggest Clairvest could be a...
Robinhood Inks Crypto.com Prediction Market Deal, Takes Equity Stake
Robinhood Markets Inc. (NASDAQ: HOOD) has partnered with Crypto.com and prediction market platform OG.com to expand its event contract offerings, securing equity stakes in both firms as part of the multiyear deal. Sample images of...
Fitch: Resorts World NY EBITDA to Climb, but Parent Spending Constrains Credit Rating
Resorts World New York holds a clear advantage over its yet-to-be-built NYC rivals as Fitch Ratings forecasts a sharp EBITDA ramp-up for the Queens casino. However, heavy spending related to the expansion continues to weigh...
Casino Landlord VICI Properties Raises Dividend for Eighth Consecutive Year
VICI Properties (NYSE: VICI) shareholders haven’t had much to cheer about this year, with the stock down nearly 9% even as the broader real estate sector gains ground. However, the gaming landlord delivered some welcome...
Law Firm Investigates Proposed Caesars Takeover
A New York law firm is renewing its scrutiny of Fertitta Entertainment Inc.’s proposed $17.6 billion takeover of Caesars Entertainment (NASDAQ: CZR), a deal that values the casino giant at $31 per share. Caesars Palace...
