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Todd Shriber
5705 stories by Todd Shriber
MLB Union Pushes Judge to Scrap DraftKings NIL Appeal
MLB Players Association (MLPBA) asks federal judge to reject DraftKings’ NIL appeal effort Court ruled against the gaming company’s motion to dismiss last month Original suit was filed in September 2024 The Major League Baseball...
DraftKings Yanks Prediction Markets Application
Decision comes eight months after application was filed Sportsbook operator pulls application as legal challenges mount against Kalshi DraftKings (NASDAQ: DKNG) pulled an application submitted to the National Futures Association (NFA) that had it been...
New York Pol Proposes Sports Betting Limits, $5,000 Daily Cap
Democrat assembly member wants to cap daily betting activity and deposits His bill also calls for major restrictions on advertising by the industry A New York politician is proposing sweeping restrictions on the online sports...
Light & Wonder Takes 20% Stake in Bang Bang Games
Slot machine giant makes 20% equity investment in online slot studio Investment made via Light & Wonder’s “Spark” program Light & Wonder (NASDAQ: LNW) announced today it took a 20% stake in online slot studio...
Sportsbook Ops Look to Leverage Prediction Markets to Their Advantage
Gaming industry taking state-level approach to combatting prediction markets Market observers see a future in which both forms of betting coexist Amid a new competitive threat from prediction markets, online sportsbook operators are attempting to...
Ex-Baylor Staffer Facing NCAA Penalties for Illegal Sports Bets
Former employee of the Big 12 school placed nearly 3,000 bets over six years Some of the bets were on Baylor games Sports betting isn’t legal in Texas, but DFS is A former Baylor University...
FanDuel Again Top Sports Betting Brand, Says Jefferies
FanDuel maintains top spot in March among sports betting brands Rush Street Interactive climbing the ranks, too In March, FanDuel maintained its lead as the dominant iGaming and online sports betting brand, though some smaller...
Icahn Activism Could Distract Caesars from Debt-Cutting Goals
Investor hasn’t officially declared he’s turning activist He would like to see Caesars spin-off digital unit That could distract from debut reduction, says research firm Carl Icahn hasn’t officially signaled that he's turning activist with...
Elaine Wynn, Co-Founder of Casino Giant, Dies at 82
She co-founded Wynn Resorts with her ex-husband, Steve The two previously worked on a variety of fabled Las Vegas casinos A cause of death hasn’t been reported Elaine Wynn, co-founder of the casino operator bearing...
Bally’s Mulled Waiting for Star to Fall Into Administration
Regional casino operator decided to bid amid fears Star would have been too difficult to rescue in administration Kim says Bally’s had been monitoring th Star situation for a year. Bally’s (NYSE: BALY.T) considered waiting...
