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Todd Shriber
5805 stories by Todd Shriber
Kalshi-Backed Poll Says 90% of Voters Support Prediction Markets
Results aren’t exactly surprising in Axis Research poll Survey claims respondents back prediction markets in their current form and believe the industry should be regulated federally Poll arrives against the backdrop of souring attitudes toward...
Wynn to Contribute up to $50 Million to New Project Near UAE Casino
Partners behind Wynn Al Marjan Island will develop a ritzy hotel near the casino resort New venue will be built on Wynn’s land bank and is slated to open in 2028 Wynn expected to contribute...
Red Rock Resorts Stock Entering S&P Small-Cap Index
Casino stock entering widely followed small-cap index. Promotion is tied to another gaming name. Shares of Red Rock Resorts (NASDAQ: RRR) rallied Friday on news the casino stock will soon enter the S&P SmallCap 600...
Penn Stock Upgraded Following ESPN Bet Departure
Analyst says ESPN Bet was an “overhang” on Penn stock New price target implies upside of almost 50% He says under-performance following the news is surprising Shares of Penn Entertainment (NASDAQ: PENN) are again pointed...
DraftKings to Fill ESPN Bet Void
Penn Entertainment announced it's terminating its relationship with ESPN following disappointing performance DraftKings will step into the role previously occupied by Penn The ESPN Bet app is expected to stay alive, supported by DraftKings odds...
DraftKings Sold at Least $100M in Stock, According to SEC
Stock sale could be tied to recently announced Railbird acquisition Regulatory document indicates DraftKings sold “over $100 million” of equity DraftKings (NASDAQ: DKNG) appears to be have sold of over $100 million worth of stock,...
Gambler R.J. Cipriani Scores Legal Win in Resorts World Las Vegas Case
Ninth Circuit Court sends case against Resorts World back to lower court Appellate court says district court “abused discretion” in application of legal estoppel Case against former executive Sibella was dismissed R.J. Cipriani, a well-known...
Crypto.com, Robinhood Launching Entertainment Event Contracts
Brokerage firms make announcements within a day of each other Crypto. Com is partnering with Hollywood.com Robinhood continues expansion of prediction markets menu Crypto.com and Robinhood Markets (NASDAQ: HOOD) are betting entertainment and pop culture...
DraftKings, Flutter Drubbed by Bank of America Downgrades
DraftKings, Flutter extend declines on Bank of America downgrades Bank sees bumpy hold patterns emerging Analyst also mentions tax risks Shares of sportsbook giants DraftKings (NASDAQ: DKNG) and Flutter Entertainment (NYSE: FLUT) extended recent weakness...
Caesars Downgraded, Waning Confidence in Casino Growth, Says Analyst
Slumping stock downgraded by Jefferies Confidence in land-based casino growth is “low,” says analyst Caesars could be forced to raise capital Already mired in a lengthy slump, shares of Caesars Entertainment (NASDAQ: CZR) faltered anew...
