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Todd Shriber
5658 stories by Todd Shriber
Kalshi Takes Legal Action Against Nevada, New Jersey Regulators
Prediction markets operator believes it's protected under Commodities Exchange Act Kalshi is seeking immediate injunctive relief in the states after regulators issued cease-and-desist letters Prediction markets giant Kalshi has filed suits against the Nevada Gaming...
Queens Casino Plan Lifted by Liu Parkland Bill
Cohen’s Queens casino pitch gets boost from parkland bill Legislation is pivotal to hopes of bringing casino to Willets Point A plan by New York Mets owner Steve Cohen to bring a casino hotel to...
Churchill Downs Named Top Risk-Reward Idea Among Gaming Stocks
Stock has slumped this year Investments at Kentucky racetrack could pay dividends As confirmed by 16.71% year-to-date decline, Churchill Downs (NASDAQ: CHDN) is following other gaming stocks to the downside since the start of 2025...
Robinhood Told to Scrap March Madness Contracts in New Jersey
Regulatory action comes ahead of massive weekend of college hoops betting Partner Kalshi also told to cease-and-desist in New Jersey The New Jersey Division of Gaming Enforcement (NJDGE) issued cease-and-desist letters to Robinhood Markets (NASDAQ:...
bet365 Could Be Takeover Target, Says Research Firm
Bet365 could now be a more attractive takeover target Price could be steep, assuming Coates family wants to sell Bet365 could be a takeover target as the UK sportsbook behemoth pulls back from Asia and...
Underdog Valued at $1.23 Billion Following Latest Funding Round
Daily fantasy sports giant now valued at more than $1 billion Valuation could move higher because funding round is still open Underdog Fantasy Sports is now valued at $1.23 billion following a $70 million funding...
Genius Sports Providing Tech for Women’s Sports Monetization Platform
Deep Blue Sports + Entertainment will use Genius FANHub platform Example of Genius technology expanding beyond sports wagering Genius Sports announced Tuesday that its FANHub platform will underpin a new effort by Deep Blue Sports...
Tilman Fertitta Now Owns Nearly 12% of Wynn Stock
Tilman Fertitta recently added to stake in Wynn Resorts He bought 1.68 million shares, taking his percentage to 11.8% Tilman Fertitta increased his stake in Wynn Resorts (NASDAQ: WYNN) stock, elevating his owned percentage in...
EDGE Markets Lands $17.2M in Funding for Gaming-Only Banking Platform
Company closed funding round late last year It launched a debit card designed to encourage responsible wagering habits EDGE Markets announced that it wrapped up a $17.2 million seed financing round late last year, paving...
MGM Rewards Unveils More Marriott, Royal Caribbean Perks
It’s one of the gaming industry's biggest loyalty programs Furthers relationship with Marriott Bonvoy MGM Resorts International announced today that its loyalty program, which is one of the largest in the casino industry, is adding...
