5218 stories by Todd Shriber
Kalshi Week 11 NFL Pricing Lags, NBA Not Much Better
Kalshi NFL pricing trails DraftKings, Flutter in week 11 It’s been a recurring theme this football season Prediction market’s NBA pricing nothing to crow about, either Bad officiating is an unfortunately prominent theme in the NFL this year. So is bad pricing...
Resorts World Wants New York to Reevaluate Casino Tax Scheme
Resorts World New York wants the state to reconsider its offer to pay higher taxes Operator may ask the state to lower the tax rate imposed on it It could also push for higher levies on rival venues After offering to pay...
Harvard Endowment Makes Big Move Into Flutter Entertainment Stock
Big Ivy League endowment has big bet on big betting stock It appears to be a new position Endowment manager owns at least one other gaming name Harvard Management Company, the manager of the Ivy League university’s endowment, owns shares of FanDuel...
Hedge Funds Cut Casino Holdings, DraftKings Hit by Another Sell-Off
One well-known investor reduced his stake in Penn Entertainment Another trimmed his MGM position DraftKings was dropped outright by another hedge fund Form 13F filing season is now in full swing and the documents are confirming some well-known hedge fund managers are...
PrizePicks Secures New Prediction Market Deal With Kalshi
Kalshi event contracts now featured in PrizePicks app Deal announced three days after PrizePicks revealed partnership with Polymarket PrizePicks customers can access Kalshi sports event contracts Another day, another prediction markets deal for PrizePicks. This time it’s with Kalshi -- the US...
AQR’s Cliff Asness Hints the Hedge Fund May Enter Sports Betting
Billionaire investor said hedge fund could examine sports betting He admitted to cynicism regarding online sports wagering He didn’t elaborate on how AQR could get involved AQR Capital Management, the hedge fund co-founded by Cliff Asness, is mulling entry into the world...
Illinois Sports Bets Plunge by 5 Million as Operators Respond to Higher Taxes
Trade group backing sportsbooks says per-bet fees are leading to fewer wagers Handle did not decrease; it rose year over year Operators imposed per-bet fees and minimums in response to tax increase The Sports Betting Alliance (SBA) of Illinois, a trade association...
Cboe Makes Prediction Market Move, Leaves Sports Out for Now
Exchange operator is the latest to enter prediction markets arena. Sports event contracts aren’t in the cards. Cboe prediction platform expected to launch in the coming months. Cboe Global Markets (BATS: CBOE) is planning to roll out its own prediction markets platform,...
Polymarket Becomes Official Prediction Market of UFC
Polymarket now exclusive, official prediction market of UFC and Zuffa Boxing Adds to growing list of marquee deals for Polymarket Hardly a day goes by without Polymarket announcing a new deal or partnership with a sports league or well-known brand, with Thursday...
Golden Entertainment Investor Says Buyout Offer ‘Woefully Inadequate’
Everbay Capital calls Sartini-led buyout “opportunistic” Says offer exploits recent weakness in Golden's stock price Investor believes Golden’s board is forcing shareholders to accept a raw deal Golden Entertainment (NASDAQ: GDEN) CEO Blake Sartini’s $30 a share offer to take the casino...
