4975 stories by Todd Shriber
Flutter Buying Boyd FanDuel Stake Valuing Sportsbook at $31B
Flutter Entertainment to buy Boyd Gaming’s 5% FanDuel stake for $1.75 billion That implies FanDuel is worth $31 billion The price tag is about 25% of Boyd’s current market cap Shares of Boyd Gaming (NYSE: BYD) closed higher by 1.50% and continued...
Caesars Sportsbook Launches Universal Digital Wallet in Nevada
Operator brings universal wallet functionality to Nevada Move could enhance convenience for bettors, but there’s a catch Caesars Sportsbook announced Thursday that the mobile application now has a universal digital wallet for bettors in Nevada, meaning clients from other states can wager...
Meta Tightens Betting Ad Standards on Facebook, Instagram
Betting companies advertising on the social media platforms must now fill out more paperwork, show state gaming licenses New standards apply to all ads pertaining to any real money games Meta Platforms is tightening its standards for online betting advertisements that run...
Star Pollster Says Prediction Markets Don’t Threaten Political Polling
Trafalgar Group’s Chief Pollster Robert Cahaly says top polls are used by prediction market investors Trafalgar, others form group of the most accurate pollsters Amid concerns about accuracy, purported bias, and other issues, traditional political polls have come under fire while prediction...
Entertainment Community Fund Joins Opposition to Times Square Casino
Group is the latest in long line of opposition to Caesars Times Square casino Non-profit organization is joining the No Times Square Casino Coalition There are eight bids for three New York City-area casino licenses, nearly all of which face some form...
San Diego State Creates Dedicated Sports Betting Institute
Institute will be part of School of Hospitality and Tourism Management Regulations, sports wagering behavior, player protection among areas of focus San Diego State University formed a new institute focusing on the fast-growing sports wagering industry. The Institute on Sports Wagering and...
Advisory Committees Formed for New York Casino Licensing
Board members could hold considerable sway on downstate casino bids Committees will vote on the New York City-area casino pitches later this summer Community advisory boards that could determine the fate of the eight bids vying for three New York City-area casino...
Big Beautiful Bill Sports Betting Fears ‘Overblown,’ Says Analyst
Trump bill unlikely to be damaging to sportsbook operators, says analyst Some professional sports bettors likely to move offshore due to tax proposal Parimutuel, poker operators also likely to see minimal impact President Trump’s One Big Beautiful Bill Act (OBBBA) contains a...
Super Group Lifts 2025 Guidance, Plans to Exit US iGaming Market
Company expects one-time charge of $30 million to $40 million related to US iGaming departure Expects savings to be realized starting in 2026 Super Group (NYSE: SGHC), the parent company of Betway, boosted its 2025 financial guidance, but the stock fell after...
Flutter Has Recession Insulation, Multiple Tailwinds, Says Analyst
FanDuel parent draws praise from Jefferies in new coverage Analyst says Flutter has recession buffers, tailwinds justifying Wall-Street high price target of $380 Shares of Flutter Entertainment (NYSE: FLUT) are up 9.44% year-to-date -- an impressive feat considering the headwinds encountered by...
