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Todd Shriber
5805 stories by Todd Shriber
Robinhood Readying for Prediction Markets ‘Supercycle,’ Says ARK
Robinhood recently announced significant prediction markets expansion Cathie Wood’s ARK Investment Management compares prediction markets to traditional financial derivatives Wood says Robinhood is on the cusp of a prediction markets “supercycle” Fresh off a recent...
FanDuel Owner Flutter a Stock to Own in 2026, Says Barron’s
Flutter Entertainment is one of 10 stocks the financial journal recommends for 2026 It’s the only gaming name on the list Shares of the FanDuel owner are off 14% in 2025 Another run of bettor-friendly...
FanDuel Sports Networks Owner on Brink of Collapse
Main Street Sports Group risks collapse unless the company can execute a sale to DAZN The company runs the FanDuel-branded regional sports networks (RSNs) The financial stress doesn't pertain to FanDuel owner Flutter Entertainment The...
Red Rock Stock Could Be Boosted by Boomers, Big Beautiful Bill
It’s one of 2025’s best-performing casino stocks Baby boomer wealth, One Big Beautiful Bill, could propel the shares again in 2026 Durango expansion seen as contributing factor to potential 2026 upside Up nearly 37% since...
DraftKings Predictions Live in 38 States, Including California, Texas
The sportsbook giant launched its prediction markets platform on Friday It’s available in 38 states, including some where sports betting isn’t permitted, such as California, Georgia, and Texas Trades will be cleared through a CME...
Bally’s Owner Standard General Could Make Run at CNN
Report suggests a Warner Bros. Discovery investor reached out to Soo Kim about potentially acquiring that company’s cable networks, including CNN. Kim founded Standard General, the hedge fund that owns Bally’s. The money manager is...
Illinois Sports Betting Tax Resulting in Fewer Bets, More Revenue for State
Illinois' per-bet tax is leading to reduced betting and more revenue for the state Other states unlikely to follow suit, says research firm Acknowledging the data should be consumed with grains of salt, a research...
Rep. Hamadeh Says CNN/Kalshi Deal Threatens ‘Market Integrity, National Security’
CNN and Kalshi announced a partnership earlier this month Arizona congressman presses CFTC for answers on the deal Says CNN has a history of “partisan manipulation” Earlier this month, CNN and Kalshi announced that they’re...
Coinbase Latest Big Brokerage Name to Enter Prediction Markets
Widely expected announcement arrived Wednesday. Cryptocurrency brokerage firm said it’s partnering with Kalshi. Coinbase is also adding stocks and tokenized assets to its platform. As was widely expected, cryptocurrency broker Coinbase Global (NASDAQ: COIN) announced...
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...
