4980 stories by Todd Shriber
Wynn, Related Cos. Release Details on NYC Casino Project
Wynn Resorts and real estate developer Related Cos. unveiled details about their proposed $12 billion development of Hudson Yards West in Manhattan, which includes a casino hotel, noting a 5.6-acre public park will be a “centerpiece” of the project and that, if...
DraftKings Buying Microbet Provider Simplebet
DraftKings (NASDAQ: DKNG) said it will acquire Simplebet Inc., a provider of microbetting services, to bolster its suite of in-game betting products. Financial terms of the transaction weren't disclosed. When rumors of the deal surfaced in May, it was speculated that DraftKings...
Circa Casino Adding More Hotel Rooms
Circa Resort & Casino in downtown Las Vegas is boosting its room count by 106 with the additions slated to begin in October. The new rooms include four suites and 102 traditional guest spaces, and will bring the casino hotel’s room tally...
DraftKings Insiders Liberman, Robins Dump More Than $10M in Stock
Stock sales by high-ranking DraftKings executives (NASDAQ: DKNG) continue at a brisk pace with co-founders Paul Liberman and Jason Robins disposing of more than $10 million worth of the gaming company’s shares in less than a week. In a Form 144 filing...
Bally’s Starts Demolition at Site of Permanent Chicago Casino
Demolition at the Freedom Center in the River West area of Chicago, home of Bally’s permanent casino hotel, started earlier on Tuesday. The regional casino operator completed a $200 million sale-leaseback deal on the home of the Chicago Tribune printing facility in...
NFLPA Alleges DraftKings Owes it $65 Million in NFT Case
In newly unsealed court documents, the NFL Players Association (NFLPA), the labor union representing the league’s athletes, claimed DraftKings (NASDAQ: DKNG) owes it approximately $65 million stemming from the recent shuttering of the sportsbook operator’s nonfungible tokens (NFTs) marketplace. When news of...
Rush Street Interactive Unveils New Loyalty Program
Rush Street Interactive announced the launch of its new rewards platform, iRush Rewards, on Monday. The new program is aimed at making it easier for bettors to earn and redeem points, and to more readily identify what their current status is. iRush...
DraftKings Best Online Betting Stock to Own into Football Season, Says Analyst
DraftKings (NASDAQ: DKNG) is the best online betting stock to own into football season, according to an analyst that covers the company. In a note to clients today, Macquarie analyst Chad Beynon highlighted the familiar seasonality associated with sports betting equities such...
Sands China Could Restart Dividend in 2025, Unlikely to Buy Out Minority Investors
Las Vegas Sands’ (NYSE: LVS) Sands China unit could resume dividends next year and the casino operator is unlikely to buy out minority investors. That’s the view of Seaport Research Partners analyst Vitaly Umansky. In a new report to clients following meetings...
Circa CEO Stevens Says Las Vegas Should Host First Week of CFP
Circa founder and CEO Derek Stevens believes Las Vegas is one of four cities that should be hosts to the first round of the College Football Playoff (CFP). This is the first year of the expanded 12-team playoff bracket format. Under the...
