4509 stories by Todd Shriber
Dana White ‘Clipped’ Caesars for $26M-$27M on Baccarat Earlier this Year
Ultimate Fighting Championship (UFC) CEO Dana White’s betting habits and stories are widely known in Las Vegas and beyond, but that legend appears to be growing as he recently acknowledged taking Caesars Palace for a big chunk of change earlier this year....
Standard General Bally’s Acquisition Unlikely to Face Antitrust Threats
Standard General’s proposed $18.25 per share takeover of Bally’s (NYSE: BALY) appears unlikely to face antitrust scrutiny from federal regulators because the related waiting period on that matter is set to expire at midnight Monday. Citing two unidentified sources close to the...
Flutter Deal for Playtech Consumer Biz Reportedly Imminent
Flutter Entertainment (NYSE: FLUT) could reportedly reach a $2.62 billion deal to acquire Playtech’s (LSE: PTEC) Snaitech unit as soon as this week. Shares of the prospective seller posted a double-digit gain in London trading on Monday after media reports surfaced indicating...
Flutter Pays $350M for Majority Stake in Brazil’s NSX Group
Flutter Entertainment (NYSE: FLUT) said it acquired a 56% stake in Brazil’s NSX Group for $350 million in cash to bolster its footprint in that country. NSX operates the Betnacional brand. Including Betnacional, NSX is the fourth-largest iGaming and online sportsbook company...
Golden Nugget Danville Hotel Possible, Sportsbook Prospects Murky
The Golden Nugget Danville Casino opened in May 2023 and by all accounts, the venue has been a success. So much so that the operator is mulling the addition of a hotel in the future, but the outlook for a retail sportsbook...
Bally’s Won’t Participate in Casino Near Penn State Campus
Bally’s and SC Gaming announced today that their agreement to open and operate a Category 4 satellite casino near Penn State University at the Nittany Mall has been terminated, but the project will move forward and remains on track to open in...
Wynn Stock Getting No Macau, UAE Credit ‘Ridiculous,’ Says Analyst
With shares of Wynn Resorts (NASDAQ: WYNN) down 16.3% year to date while the S&P 500 is up 17.6%, it’s easy to understand why some investors are leery of the gaming stock -- apprehension that's amplified by the macroeconomic climate in China....
Sands Long Island Casino Plan Draws ‘Environmental Racism’ Critique
Las Vegas Sands’ plan to develop Nassau Coliseum into a casino hotel is drawing rebuke from groups and some local residents that believe the project would be damaging to the environment. This week, detractors and supporters of the Long Island casino plan...
Interactive Brokers to Debut Election Betting as Kalshi Scores Legal Win
Interactive Brokers said today it will launch wagering on US election outcomes on Monday, Sept. 16 after a federal court ruled in favor of Kalshi, a prediction market operator that sought to offer event contracts on US elections. District Court Judge Jia...
Fox Proceeding with Plans to Take FanDuel Stake at $2.2B Discount
Fox Corp. (NASDAQ: FOX) could be preparing to take an 18.6% stake in Flutter Entertainment’s (NYSE: FLUT) FanDuel, and the media giant could do so at a significant discount to the sportsbook operator’s market value. At the Goldman Sachs Communacopia and Technology...
