4975 stories by Todd Shriber
Circa Unveils ‘Survivor Empathy Package’ After Havoc Hits NFL Pool
With two weeks of the NFL season in the books, the Circa Survivor pool has been pared dramatically. So much so that the gaming company is offering losers an empathy package, which includes free rooms at Circa Resort & Casino in downtown...
BetMGM, Gannett Unveil Long-Term Partnership
BetMGM said it reached a long-term agreement with USA Today publisher Gannett under which the gaming company will be the official online sportsbook operator of USA Today Sports. Financial terms of the accord weren’t disclosed. BetMGM’s data and odds will be published...
Caesars Set for Lower Rate Perks, Could Sell Linq Promenade, Says Analyst
The Federal Reserve is nearing its first interest rate cut in four years, which is none too soon for debt-laden companies such as Caesars Entertainment (NASDAQ: CZR). In a new report to clients, B. Riley analyst David Bain points out that since...
MGM Has Capital to Execute Big Projects, Analysts Say
MGM Resorts International (NYSE: MGM) has the financial resources and access to capital needed to execute multiple new casino hotel projects over the medium term. That’s the take of CBRE Credit Research Colin Mansfield and Connor Parks who in a new note...
MLBPA Sues Bet365, DraftKings Over Unauthorized Use of Player Images
The Major League Baseball Players Association (MLPBA), the union representing the league’s athletes, is suing four gaming companies, including Bet365 and DraftKings, over what it believes is unauthorized use of players’ names, images, and likenesses across those operators’ advertisements and betting sites....
Dana White ‘Clipped’ Caesars for $26M-$27M on Baccarat Earlier this Year
Ultimate Fighting Championship (UFC) CEO Dana White’s betting habits and stories are widely known in Las Vegas and beyond, but that legend appears to be growing as he recently acknowledged taking Caesars Palace for a big chunk of change earlier this year....
Standard General Bally’s Acquisition Unlikely to Face Antitrust Threats
Standard General’s proposed $18.25 per share takeover of Bally’s (NYSE: BALY) appears unlikely to face antitrust scrutiny from federal regulators because the related waiting period on that matter is set to expire at midnight Monday. Citing two unidentified sources close to the...
Flutter Deal for Playtech Consumer Biz Reportedly Imminent
Flutter Entertainment (NYSE: FLUT) could reportedly reach a $2.62 billion deal to acquire Playtech’s (LSE: PTEC) Snaitech unit as soon as this week. Shares of the prospective seller posted a double-digit gain in London trading on Monday after media reports surfaced indicating...
Flutter Pays $350M for Majority Stake in Brazil’s NSX Group
Flutter Entertainment (NYSE: FLUT) said it acquired a 56% stake in Brazil’s NSX Group for $350 million in cash to bolster its footprint in that country. NSX operates the Betnacional brand. Including Betnacional, NSX is the fourth-largest iGaming and online sportsbook company...
Golden Nugget Danville Hotel Possible, Sportsbook Prospects Murky
The Golden Nugget Danville Casino opened in May 2023 and by all accounts, the venue has been a success. So much so that the operator is mulling the addition of a hotel in the future, but the outlook for a retail sportsbook...
