4505 stories by Todd Shriber
Bally’s Starts Demolition at Site of Permanent Chicago Casino
Demolition at the Freedom Center in the River West area of Chicago, home of Bally’s permanent casino hotel, started earlier on Tuesday. The regional casino operator completed a $200 million sale-leaseback deal on the home of the Chicago Tribune printing facility in...
NFLPA Alleges DraftKings Owes it $65 Million in NFT Case
In newly unsealed court documents, the NFL Players Association (NFLPA), the labor union representing the league’s athletes, claimed DraftKings (NASDAQ: DKNG) owes it approximately $65 million stemming from the recent shuttering of the sportsbook operator’s nonfungible tokens (NFTs) marketplace. When news of...
Rush Street Interactive Unveils New Loyalty Program
Rush Street Interactive announced the launch of its new rewards platform, iRush Rewards, on Monday. The new program is aimed at making it easier for bettors to earn and redeem points, and to more readily identify what their current status is. iRush...
DraftKings Best Online Betting Stock to Own into Football Season, Says Analyst
DraftKings (NASDAQ: DKNG) is the best online betting stock to own into football season, according to an analyst that covers the company. In a note to clients today, Macquarie analyst Chad Beynon highlighted the familiar seasonality associated with sports betting equities such...
Sands China Could Restart Dividend in 2025, Unlikely to Buy Out Minority Investors
Las Vegas Sands’ (NYSE: LVS) Sands China unit could resume dividends next year and the casino operator is unlikely to buy out minority investors. That’s the view of Seaport Research Partners analyst Vitaly Umansky. In a new report to clients following meetings...
Circa CEO Stevens Says Las Vegas Should Host First Week of CFP
Circa founder and CEO Derek Stevens believes Las Vegas is one of four cities that should be hosts to the first round of the College Football Playoff (CFP). This is the first year of the expanded 12-team playoff bracket format. Under the...
Gaming and Leisure Properties Bonds Sturdy, Says Research Firm
Debt issued by casino landlord Gaming and Leisure Properties (NASDAQ: GLPI) looks appealing despite a recent spate of new issuance. In a new note to clients, GimmeCredit analyst Kim Noland acknowledged that it’s been a brisk summer for the real estate investment...
South Carolina Hoping Third Time’s Charm with Sports Betting
South Carolina lawmakers are ready to give sports wagering legislation another chance when the General Assembly starts a new session in January. Two recent efforts to bring mobile sports betting to the state failed, but with neighboring North Carolina surpassing expectations, South...
BetMGM Nevada Wallet Now Usable in Other States
BetMGM announced Thursday that the digital wallet on its Nevada sports wagering mobile application is now transferrable to other states in which the company books bets. That means bettors that sign up for a BetMGM account in Nevada can use the same...
Texas Sports Betting: Lone Star Long Shot Over Near-Term
Hopes that Texas could put the issue of online sports betting to voters in November 2025, positioning the state for launch in advance of the 2026 football season, appear to be dashed as the State Senate remains a barrier. Last year, the...
