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David Portnoy Hamptons

Portnoy Thought Penn Would Win Cosmo, Implies Bidding Process Wasn’t Fair

Barstool Sports founder David Portnoy was fairly certain Penn National Gaming (NASDAQ:PENN) would emerge victorious in bidding for the Cosmopolitan Las Vegas. But now...

Todd Shriber September 30, 2021
Scientific Games

Scientific Games OpenBet Sale Credit Positive, Says Moody’s

On Monday, Scientific Games (NASDAQ:SGMS) announced the sale of its OpenBet sports wagering business to Endeavor Group Holdings, Inc. (NYSE:EDR.). The business went for...

Todd Shriber September 30, 2021
MGM BetMGM

MGM Seeking Full BetMGM Control, Unlikely to Renew Entain Takeover Offer

MGM Resorts International (NYSE:MGM) is rumored to be mulling avenues to gain full control of the BetMGM enterprise, and is unlikely to make another...

Todd Shriber September 22, 2021