Main menu
Todd Shriber
5701 stories by Todd Shriber
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...
Polymarket Taking Bets on Possible DraftKings Prediction Markets Acquisition
Polymarket has a market on DraftKings potentially buying Railbird It calls for traders to wager on a deal being announced or not by October 31 DraftKings (NASDAQ: DKNG) is feeling prediction markets heat and Polymarket...
Caesars an Undervalued Stock to Buy in Q4, Says Morningstar
Caesars stock has been drubbed this year and its Q4 start is ugly Morningstar says the shares are undervalued and worth owning in the fourth quarter Amid slumping Las Vegas Strip visitation, shares of Caesars...
NYSE Owner ICE Invests $2 Billion in Polymarket at Valuation of Up to $10 Billion
Polymarket's valuation soars to $9 billion to $10 billion Exchange operator is investing $2 billion in Polymarket at a preinvestment valuation of $8 billion ICE owns the New York Stock Exchange Prediction markets operator Polymarket’s...
DraftKings Prediction Markets Entry Could Soon Materialize, Says Analyst
DraftKings considering variety of prediction market avenues, news could soon emerge, says Jefferies analyst State regulators loom large in that equation With DraftKings (NASDAQ: DKNG) stock down 16% over the past week and September hold...
Sharp Alpha Unveils New $150M Fund Targeting Online Betting, Sports, More
Firm is looking to deploy $150 million in capital over the next two years Company is targeting stakes in online entertainment and wagering entities Sharp Alpha has previously invested in betting companies Sharp Alpha said...
Sports Betting Proliferation Bad for Society, Says Pew Poll
Americans are increasingly negative on sports betting expansion Despite gloomy perceptions, 22% of respondents bet on sports in past year When Missouri joins the party later this year, sports betting will be legal in 39...
Kalshi Could Leverage Soaring Valuation as Acquisition Currency
Rumors suggest Kalshi is pursuing a $5 billion valuation Company could use equity as currency for sports betting-related acquisitions Kalshi is believed to have approached a sports-centric rival in recent weeks Last month, reports surfaced...
Cathie Wood Buys Battered DraftKings Stock Across Three ARK ETFs
Wood’s firm is a longtime DraftKings investor She bought over 500K shares of the sports betting stock across three of her ETFs Stock is on an eight-day losing streak DraftKings (NASDAQ: DKNG) is on a...
Gaming and Leisure Properties paga $184 millones por el hipódromo-casino (racino) de Nuevo México
La compañía adquiere los activos inmobiliarios de Sunland Park Racetrack & Casino (un racino, es decir, un hipódromo con casino) Gaming and Leisure paga $183.75 millones con una tasa de capitalización del 8.2% Gaming and...
