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Todd Shriber
5750 stories by Todd Shriber
Flutter CEO: ‘Limited Cannibalization’ from Prediction Markets in Legal Sports Betting States
The death of the U.S. online sports betting industry at the hands of prediction markets is likely hyperbole and Flutter Entertainment (NYSE: FLUT) CEO Peter Jackson has the receipts to prove it. The FanDuel Sportsbook...
High Roller Shares Slide as Prediction Market Update Fails to Lift Stock
Shares of High Roller Technologies (NYSE: ROLR) tumbled in late trading Tuesday after the gaming company and aspiring prediction market operator delivered a disappointing set of second-quarter results, overshadowing more clarity on its event contract...
DraftKings Files Nine Football Contracts, Combos for In-House DKeX Exchange
DraftKings has self-certified multi-leg event contracts and nine football markets with the Commodity Futures Trading Commission (CFTC), expanding its push into prediction trading. DraftKings' Railbird unit filed to self-certify football combos and nine other prediction...
West Virginia Researchers Study Gambler’s Fallacy, Parlay Risks
With the help of a $300,000 grant from Arnold Ventures, academics at West Virginia University (WVU) are studying the ill effects of the gambler’s fallacy and bettors’ deep embrace of parlays. Researchers at West Virginia...
Macquarie: DraftKings Still One of Gaming’s ‘Most Compelling’ Growth Stories
DraftKings (NASDAQ: DKNG) stock has perked up in recent days and could have more upside ahead of it as the gaming company capitalizes on prediction market and sports wagering momentum. DraftKings stock is perking up...
Amy Howe’s FanDuel Severance Package Much Larger Than First Reported
Former FanDuel CEO Amy Howe landed a significantly larger exit package than originally disclosed when she departed the sports betting operator in May. Former FanDuel CEO Amy Howe's severance package is far larger than originally...
Century Casinos Weighs Sale of Canadian, Polish Operations
Century Casinos (NASDAQ: CNTY) may unload its Canadian properties and Polish stake as part of an ongoing strategic review aimed at slashing debt and unlocking shareholder value. The Century Casino in Central City, Colo. The...
Truth Social, Crypto.com Pivot Away From Integrated Prediction Market
Trump Media and Technology Group (NASDAQ: DJT) and Crypto.com have dropped plans to build a native prediction market into Truth Social, shelving what would have been a first-of-its-kind social integration. A mobile device shows the...
Polymarket Tweaks Timed Crypto Market Rules to Curb Manipulation
In an effort to boost integrity and clamp down on potential manipulation, Polymarket is altering its resolution methodology for timed cryptocurrency markets. Polymarket is moving to TWAP settlement for timed cryptocurrency markets. (Image: Shutterstock) The...
Full House Resorts Rules Out M&A to Focus on Colorado, Illinois Casinos
Shares of Full House Resorts (NASDAQ: FLL) rallied on Friday (Aug. 7) after the regional casino operator posted solid second-quarter results and delivered operational updates on its flagship properties, American Place and Chamonix. A digital...
