5850 stories by Todd Shriber
Here’s How Prediction Markets Are Pinching Sportsbooks
In states where online sports betting is legal, prediction markets aren’t yet eating into significant market share, but they are increasingly proving to be a thorn in the side of traditional operators. Prediction markets may...
Deutsche Bank: Regional Casino Stocks Present ‘Attractive Risk-Reward’ Profile
Regional casino stocks, including Boyd Gaming (NYSE: BYD) and Penn Entertainment (NASDAQ: PENN), have faced persistent selling pressure in recent months despite stable underlying operational fundamentals. That valuation disconnect is creating compelling opportunities across select...
Casino M&A Interest Remains Vibrant Despite High Borrowing Costs
Even with elevated borrowing costs and tight credit conditions threatening to stall corporate dealmaking, casino industry consolidation isn't slowing down. In fact, M&A appetite across the gaming sector remains surprisingly vibrant. The Las Vegas Strip....
Citizens: iGaming Suppliers Explore Product Innovation, ‘Workarounds’
In the gaming industry, momentum is building to leverage iGaming-inspired products to drive innovation—potentially even in jurisdictions where internet casinos aren’t yet permitted. Gaming suppliers could lean into sports concepts to bolster iGaming innovaiton. (Image:...
Gen Z and Millennials Turning to Gambling to Pay Off Debt
Whether turning to prediction markets, sports betting, or other alternative finance tools, younger adults are increasingly gambling with a clear goal in mind: paying off debt. Gen Z and millennials are turning to bet to...
Fanatics Could Surge Betting Ad Spend to $1 Billion to Challenge DraftKings, FanDuel
The U.S. online sports wagering industry is a duopoly controlled by DraftKings (NASDAQ: DKNG) and Flutter Entertainment’s (NYSE: FLUT) FanDuel, but Fanatics is preparing a major push to challenge the market leaders. The Fanatic Sportsbook...
DraftKings Stock Dips as Operator Eyes Expanded Prediction Market Investment
Gaming stocks are facing a broader market downturn, with iGaming and online sports betting operators taking the brunt of the sell-off. That includes DraftKings (NASDAQ: DKNG), whose shares have fallen nearly 22% over the past...
VICI Properties Updates Terms on Caesars Regional Casino Master Lease
The regional master lease agreement between Caesars Entertainment Inc. (NASDAQ: CZR) and VICI Properties Inc. (NYSE: VICI) has lingered as a stock overhang for both companies, but recent market commentary suggests bright spots may be...
JPMorgan Says Concerns Over Wynn UAE Casino Are Exaggerated
Investor concerns surrounding the fate of Wynn Resorts’ (NASDAQ: WYNN) Wynn Al Marjan Island project in the United Arab Emirates amid Middle East geopolitical tensions are overblown, according to JPMorgan equity research. JPMorgan believes things...
Polymarket Introduces Responsible Gambling Tools, Deposit Limits
Polymarket is introducing new responsible trading tools designed to improve user safety and safeguard clients' financial and mental well-being. Polymarket is introducing deposit limits and self-exclusion protocols for prediction market traders. (image: Getty) The prediction...