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Todd Shriber
5805 stories by Todd Shriber
Robinhood Leans Into Parlays, er, Combos in Prediction Markets Push
Robinhood discussed “prediction markets reimagined” at Tuesday event. Sports event contracts were front-and-center. Company unveiled new and upcoming parlay, player prop offerings. At a Tuesday investor event, Robinhood Markets (NASDAQ: HOOD) discussed “prediction markets reimagined”...
Tribal Casino Leaders Push for Increased Oversight of Prediction Markets
At least one tribal gaming leader says sports betting through predictions violates laws He says the CFTC and the Commodities Exchange Act (CEA) don’t shield prediction markets from those violations A California tribal gaming leader...
Las Vegas Sands Rating, Price Target Lifted by Goldman Sachs
Analyst says Marina Bay Sands has momentum Expects Sands to buy back $2 billion worth of shares Goldman analyst is also bullish on Wynn Resorts Already one of 2025’s best-performing casino stocks, Las Vegas Sands...
Underdog Lost Arizona DFS License Due to Prediction Markets. Others Could Be Next.
Last week, Arizona pulled Underdog’s fantasy sports license amid the company’s prediction markets push. Analyst says Fanatics, PrizePicks at risk of similar fate. DraftKings, FanDuel appear safe in the state. Last week, Arizona regulators yanked...
Robinhood Prediction Markets Entry Threatens DraftKings, FanDuel, Says Analyst
Robinhood plans to unveil its prediction market platform at a Dec. 16 investor event. Company could highlight less dependence on Kalshi. Analyst says competitive threat to sportsbook operators could be emerging. On Tuesday, Robinhood Markets...
Employers Need to Be Vigilant on Prediction Markets Insider Trading, Says Law Firm
The rise of prediction markets has been accompanied by allegations of insider trading It’s largely tied to corporate events, such as new product releases Prediction markets don’t yet have a clear insider trading framework The...
Caesars Sportsbook Coming to Rampart Casino in Summerlin
First example of a Caesars-branded sportsbook in a locals' casino Venue is expected to open in early 2026 Caesars Entertainment and the Rampart Casino announced a partnership on Monday under which a Caesars Sportsbook will...
Rising Prediction Markets Have Implications for Junk-Rated Rivals
Non-investment grade lottery operators could be pinched by the rise of prediction markets, says asset manager Outlook is “mixed” for regional gaming operators Investors need to display “greater vigilance,” says money manager The continued rise...
Penn iGaming App Tagged with Patent Infringement Lawsuit
Regional casino operator and its digital unit were hit with suit. Single Action Bet Tech says gaming company infringed on two of its patents. Plaintiff provides tech that makes betting actions more efficient. Penn Entertainment’s...
Prediction Markets Search for Growth Outside Sports Contracts
By some estimates, sports event contracts account for 75% to 80% of prediction market volume. Some say it’s higher than that. One research firm says that percentage could significantly decline over the long-term. Though they...
