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Todd Shriber
5643 stories by Todd Shriber
Resorts World NY Ups Casino MTA Forecast to $2.5 Billion
Queens casino expects to send $2.5 billion in taxes to MTA over the next four years That exceeds the $1.8 billion in MTA contributions expected from three downstate casinos Higher forecast attributed to Resorts World...
Underdog Already Garnering Prediction Market Perks
Daily fantasy sports company inked prediction markets deal in September Data indicate it’s already leading to more downloads of the Underdog app Last month, daily fantasy sports (DFS) operator Underdog entered into a prediction markets...
Bally’s Extends Rhode Island Casino Sale Deadline to 2028
Move likely in response to creditor consortium not approving deal Rhode Island casino essentially acting as collateral for financing extended for Bally’s Chicago integrated resort Bally’s secured some much-needed breathing room in its quest to...
Genius Sports Could Glean Prediction Market Benefits, Says Analyst
Recent stock weakness may be linked to prediction markets, but there’s more to the story Analyst sees Genius’ NFL relationship as “advantageous” in rising prediction markets scenario Shares of Genius Sports (NYSE: GENI) are off...
MGM Stung by Weak Las Vegas Results, $256M New York Charge
Another operator confirms Q3 was a disaster in Las Vegas MGM took a $256 million charge and $93 million in write-downs related to decision to withdraw from New York casino race CEO admits to Las...
Caesars Stock Sapped by Weak Q3 Las Vegas Casino Results
The operator’s Las Vegas casino revenue was essentially flat year over year Weak leisure demand in Sin City pushed Caesars to wider-than-expected losses Management expects better Q4, 2026 Shares of Caesars Entertainment (NASDAQ: CZR) are...
Polymarket Could Be Live in US by End of November
Sports contracts expected to be point of emphasis in US return Polymarket could be available in this country by end of November on a limited basis Company was banished from the US in 2022 Polymarket...
Robinhood Prediction Markets Revenue Could Double in Q4, Says Analyst
Robinhood likely generated $20 million in Q3 prediction markets revenue That’s double the prior quarter’s tally Analyst says that with the help of football contracts, that figure could surge to $50 million in Q4 Helped...
Sands CEO Robert Goldstein Paring Equity Position, Could Sell it All
Sales are part of his transition to an advisory role He unloaded 300K shares on Monday He still owns more than 4.3 million shares of the casino stock Las Vegas Sands (NYSE: LVS) Chairman and...
Banijay Acquires Tipico from CVC at $5.4 Billion Valuation
French entertainment giant acquiring majority stake in Tipico Buyer plans to merge Tipico with its Betclic business Banijay Gaming revenue, EBITDA expected to double through acquisition French entertainment conglomerate Banijay Group said Tuesday that it's...
