5134 stories by Todd Shriber
Super Bowl Will Bring More Bets, Smaller Wagers Says Research Firm
The Super Bowl is the most wagered-on individual sporting event in the US and while the big game drives an increase in the number of bets made, data indicate wager size often declines. A new report by Optimove indicates that the Super...
HG Vora Preps Proxy Fight Against Penn, Nominates Three Directors
HG Vora appears to be taking a proxy fight to Penn Entertainment (NASDAQ: PENN) and has submitted three nominations to the regional casino operator’s board of directors, marking the first time in the asset manager’s history that it’s nominated directors to a...
Star Entertainment Selling Assets as Cerberus Eyes Debt
Embattled Australian casino operator Star Entertainment is selling assets to raise cash as at least one money manager is eyeing purchases of the gaming company’s debt. In a Wednesday filing with the Australian Securities Exchange (ASX), Star announced that it’s selling The...
Century Casinos Stock Story Requires Patience
Following a rough 2024, shares of Century Casinos (NASDAQ: CNTY) are off nearly 7% to start 2025, potentially indicating the stock’s redemption story will require patience from investors. In a note out after the close of US markets on Tuesday, Stifel analyst...
Penn Entertainment Tops All-Index DEI Rankings
Penn Entertainment scored the highest in the soon-to-be-released All-Index report, courtesy of the All-In Diversity Project. The nonprofit organization measures diversity, equity, and inclusion (DEI) efforts across the gaming industry. The index and the related survey serve as avenues to highlight operators’...
DraftKings, NFLPA Agree to Settle NFT Lawsuit
DraftKings (NASDAQ: DKNG) and the NFL Players Association (NFLPA) reached a settlement in a suit brought by the players union relating to the gaming company’s now defunct nonfungible tokens (NFTs) marketplace. In a letter to Judge Analisa Tores of the US District...
Hawaii Pols Try Sports Betting Again, Introduce iGaming Bill
If at first you don’t succeed, try, try again appears to be a message not lost on lawmakers in Hawaii who again introduced a sports betting bill, and this time around, are rolling the dice on iGaming legislation, too. The recently introduced...
Miami Casino Dream Could Be Crushed by DeSantis Plan to Limit Ballot Initiatives
Hopes of the Miami area eventually becoming home to a casino resort could be dashed by Florida Gov. Ron DeSantis’ (R) effort to limit the number of ballot propositions that, if passed, lead to amendments to the state’s constitution. The popular governor...
NY Gaming Commission Appoints Two New Members to Facilities Board
In a sign that regulators in the state could be moving to expedite the awarding of three downstate casino permits, the New York State Gaming Commission (NYSGC) announced Monday the appointments of two members to the New York Gaming Facility Location Board....
Melco Should Consider Selling Cyprus, Philippines Casinos, Says Analyst
Melco Resorts & Entertainment (NASDAQ: MLCO) should consider selling its casino hotels in Cyprus and Manila so it can fund a full acquisition of Studio City International (NYSE: MSC) and focus on its Thailand ambitions, according to an analyst. In a new...
