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Todd Shriber
5799 stories by Todd Shriber
Law Firm Investigates Proposed Caesars Takeover
A New York law firm is renewing its scrutiny of Fertitta Entertainment Inc.’s proposed $17.6 billion takeover of Caesars Entertainment (NASDAQ: CZR), a deal that values the casino giant at $31 per share. Caesars Palace...
Jefferies: SCOTUS Could Take Up Prediction Markets Fight Between November and April
Following opposing rulings on prediction markets by the Third and Ninth Circuit Courts of Appeals, consensus is growing among legal experts and Wall Street analysts that a U.S. Supreme Court review is now inevitable. The...
Fanatics Unveils All-in-One App Combining Sportsbook and Prediction Markets
Fanatics launched a consolidated sports betting, casino, and prediction market app Thursday, embracing a single-platform "super-app" strategy to streamline its wagering operations. A logo for Fanatics Casino. The company launched a new super app featuring...
Novig, Underdog Surge in Fast-Growing Prediction Market Combos
Multi-leg "combos" are becoming a primary driver for sports prediction markets, as platforms like Novig and Underdog aggressively expand their parlay offerings. The Underdog logo. The company is asserting itself in the prediction market sports...
Las Vegas Sands Pushes Sands China Ownership Beyond 75%
Las Vegas Sands (NYSE: LVS) has pushed its stake in Sands China past the 75% mark, acquiring additional equity in the Macau operator through small market purchases. Sands China's Venetian Macau. Las Vegas Sands slightly...
Prediction Market Rothera Taps Stats Perform for Sports Event Data, Settlement
Rothera, the prediction market that’s a joint venture between Robinhood Markets (NASDAQ: HOOD) and Susquehanna International Group, announced it selected Stats Perform as the exchange’s data provider for sports event contracts. Robinhood's Rothera selected Stats...
Media, Sports Deals Complicate Prediction Market Regulation, Think Tank Warns
As prediction markets blend further into mainstream sports and media, regulating the nascent industry will become far more difficult—and the political will to do so risks eroding entirely. Regulating prediction markets is likely to grow...
Donald Trump Jr.’s Firm Pours Another $300M Into Polymarket
Donald Trump Jr.’s venture capital firm 1789 Capital is reportedly a key player in a $1 billion financing round for Polymarket and will contribute $300 million to the cause. Donald Trump, Jr.'s 1789 Capital is...
Crypto.com Teams Up With PYMNTS for First-Ever AI Event Contracts
Crypto.com and PYMNTS Intelligence—the research arm of PYMNTS—are launching what they call the first event contracts dedicated to tracking AI adoption and deployment. Crypto.com and PYMNTS are introducing the first AI-based event contracts. (Photo by...
Super Group Eyes Share Repurchase as African Market Powers Growth
Super Group (NYSE: SGHC) is weighing a potential stock buyback in the coming quarters—a move one analyst says could provide a major spark for the shares. Super Group could potentially announce a share buyback plan,...
