4507 stories by Todd Shriber
Oakland A’s Mulling Stake Sale at $2B Valuation
Ahead of the team’s move to Las Vegas, the soon-to-be former Oakland Athletics (A’s) are rumored to be considering the sale of a minority interest in the franchise. Unidentified sources familiar with the matter told The New York Post that owner John...
CFTC Promises Scrutiny of Election Wagering Sites
The Commodities and Futures Trading Commission (CFTC) is pledging to diligently monitor platforms offering financial contracts tied to political outcomes as Election Day nears. The commission, which is engaged in a lengthy legal spat with financial exchange and prediction platform Kalshi, views...
Venetian Las Vegas, IHG to End Hotel Alliance in January
IHG and the Venetian and the Palazzo are ending a 15-year-old hotel licensing agreement. That pact will be terminated on Jan. 1, 2025. Since October 2010, the Las Vegas Strip integrated resort complex has been part of IHG’s booking system, with the...
DraftKings Upgrades Loyalty Plan, Unveils New Elite Program
DraftKings made improvements to its Dynasty Rewards customer loyalty program, including an array of redemption options for clients in the plan’s highest tiers. One of the marquee enhancements to the online sportsbook operator’s rewards program is the 2025 Elite Rewards Gifts and...
Twitch Streamer Suspended for Wishing PTSD Upon US Troops
A partnered streamer of Twitch was suspended by the live-streaming platform for hurling insults at members of the US military. In a recent, expletive-laden livestream, the user known as Frogan, in between bites of food and sips of iced tea, said she...
MGM Makes Cut in Goldman Sachs ‘Buyback Basket’
MGM Resorts International’s (NYSE: MGM) long-standing commitment to repurchasing its shares is well-known on Wall Street. Those efforts have resulted in a significant reduction to the casino giant’s shares outstanding tally, but also some accolades of sorts. For example, the gaming stock...
Wynn NY Casino Opposed by Majority of West Siders
Protect the High Line, a group attempting to safeguard the West Side Manhattan neighborhood of the same name, said a significant majority of local residents oppose a plan by Related Cos. and Wynn Resorts to develop a casino hotel there. Citing a...
Marriott, MGM to Rebrand Delano Las Vegas as W Hotel
Marriott International and MGM Resorts International announced Monday that they’re teaming up to convert the Delano Las Vegas to the hotelier’s W brand. The transition of that property is expected to occur later this year and marks an extension of the previously...
Fanatics Making Progress in New York Sports Betting Market
Fanatics, which is one of the newest players on the US sports betting stage, is making strides in New York -- the country’s largest market by handle. Privately held Fanatics acquired PointsBet US in 2023 in a $225 million all-cash deal, providing...
NBA, Sportsbook Partners Scrap Under Prop Bets on Low-Salary Players
Ahead of the start of the 2024-25 season next week, the NBA and its sportsbook partners agreed to stop offering under player proposition wagers on the association’s lowest paid players. The move comes in the wake of the Jontay Porter scandal. Earlier...
