4509 stories by Todd Shriber
Venetian Las Vegas Debuts New Yahoo! Sportsbook
The Venetian Resort Las Vegas announced Thursday the debut of its new Yahoo! Sportsbook, which will be supported by William Hill technology. The more than 12,000-square-foot venue is located on the main casino floor of the Strip casino hotel, and is the...
Wynn Resorts Upsizes Bond Tender Offer
Wynn Resorts (NASDAQ: WYNN) has boosted the size of a recently announced tender offer for a portion of its senior notes maturing in 2025. Earlier this month, the casino operator said it would repurchase $300 million worth of that debt, which bears...
China Economic Woes Not Yet Weighing on Macau
Macau’s six casino operators are forecast to notch in aggregate third-quarter earnings before interest, taxes, depreciation, and amortization (EBITDA) at 80% of the levels seen before the onset of the coronavirus pandemic, according to Morgan Stanley. That could be a sign that...
Millennials Place Most Sports Bets, Black Men Wager More Frequently Than White Males
In terms of frequency of wagering, millennials bet on sports more than other age groups and within that demographic, Black men place more wagers than their white counterparts. That’s according to a survey by Men’s Health that served as the foundation for...
Billy Walters Claims Steve Wynn Lobbied Trump Against Pardon
Billy Walters, the legendary sports bettor, claimed a long-running spat with Steve Wynn is the reason former President Donald Trump commuted his insider trading sentence rather than granting him a full pardon. In his widely anticipated autobiography, "Gambler: Secrets from a Life...
Light & Wonder Stock Has Big Upside Potential, Says Analyst
Light & Wonder (NASDAQ: LNW) stock is on a torrid pace in 2023, posting a year-to-date gain of 29%. But at least one analyst sees the potential for much more upside. In a note to clients on Tuesday, Redburn Atlantic analyst Andrew...
FanDuel Strikes Deal with NFL Sunday Ticket
FanDuel, the largest US online sportsbook operator, announced Monday that it's partnering with NFL Sunday Ticket to provide bonus bets to the gaming company’s clients and lure new customers to the football viewing package. The unit of Flutter Entertainment (OTC: PDYPY), the...
Macau Retakes Lead as World’s No. 1 Casino Hub from Las Vegas
The Chinese gaming enclave is getting its groove back. In the first half of this year, Macau’s six concessionaires generated a combined GGR of $10 billion, well ahead of the $7.5 billion notched by Nevada casino operators, according to the Wall Street...
With NFL Season Looming, Expect More Sports Betting Ads
The 2023 NFL Season kicks off on Thursday, Sept. 8, with the defending Super Bowl champion Kansas City Chiefs hosting the upstart Detroit Lions. Whether or not the Chiefs can hoist the Lombardi Trophy again remains to be seen. But there is...
First World Problems: Portnoy Chides New York Post on Hamptons Mansion Article
A Hamptons real estate controversy was sparked Thursday when the New York Post reported Barstool Sports founder David Portnoy dramatically cut the price of his mansion on Old Montauk Highway, implying he’s “desperate for cash.” Thing is Portnoy said his property in...
