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Todd Shriber
5700 stories by Todd Shriber
Gran sorpresa en la Gran Manzana: MGM retira su solicitud para abrir un casino en Nueva York
Gran sorpresa en la Gran Manzana: MGM retira su solicitud para abrir un casino en Nueva York La empresa también mencionó la posibilidad de obtener una licencia de 15 años, la mitad de lo que...
Big Apple Shocker: MGM Yanks NYC Casino Application
MGM pulls New York City casino application, citing shifting economic assumptions Company also mentioned likelihood of receiving a 15-year license, half of what was originally expected It’s among the casino industry’s most shocking news this...
BetMGM Lifts 2025 Guidance, Sees Revenue of at Least $2.75 Billion
BetMGM again boosts 2025 financial targets Expects 2025 revenue of at least $2.75 billion on EBITDA of $200 million Following a strong third quarter, BetMGM boosted its 2025 financial outlook, marking at least the third...
Robinhood Could Be on Prowl for Prediction Market Acquisitions
Company currently has prediction markets presence via Kalshi partnership Executive says Robinhood is open to prediction market acquisitions He also implied company could look inward on that front With prediction markets booming, one of the...
Allwyn, OPAP Create Lottery Giant in $18.6 Billion Merger
Deal creates one of the world’s largest lottery companies Merger could result in buyer listing shares in London or New York Allwyn to control 78.5% of new company Lottery giant Allwyn and Greek gaming company...
Polymarket Investment a Win for ICE, Says Moody’s
ICE’s $2 billion investment in Polymarket meshes with long-term goals Moody’s believes the deal will enhance ICE’s revenue stream Last week, Intercontinental Exchange (NYSE: ICE) invested $2 billion in prediction market operator Polymarket at a...
Casino M&A Likely Limited Until Interest Rates Decline Further, Says Analyst
Casino consolidation chatter is alive, but not as vibrant as in past years Still high interest rates weighing on Las Vegas Strip asset sales Bolt-on, not transformational deals expected The casino industry is often a...
Kalshi Funding Round Pushes Valuation to $5 Billion
Series D funding round of $300 million vaults Kalshi valuation to $5 billion Prediction markets operator will use capital for international expansion Says it’s the fastest growing non-AI tech company Prediction market Goliath Kalshi said...
Sands Earnings Could Be Lifted by Singapore Casino Expansion
Marina Bay Sands’ $8 billion expansion could be accretive to operator’s earnings That would allow Las Vegas Sands to reduce leverage, says Moody’s Las Vegas Sands (NYSE: LVS) recently commenced an $8 billion expansion of...
Flutter Branding Provides Buffer in Prediction Markets Fight
Flutter’s brand advantages, including FanDuel, “intact” amid rise of prediction markets Analyst cites international exposure, strong balance sheet as other favorable factors With investors fretting about the intersection of football and prediction markets, shares of...
