4505 stories by Todd Shriber
Tractor-Pull Betting May or May Not be Sexy, But It’s a Thing
Paraphrasing Kenny Chesney’s 1999 hit song, She Thinks My Tractor’s Sexy, tractor and truck-pull betting is coming to life. Full Pull Entertainment is bringing tractor and monster truck-pulling wagering to the masses with the debut of the Full Pull mobile betting application....
Carolina Panthers Owner David Tepper Boosts Caesars Stake
Appaloosa Management, the hedge fund controlled by Carolina Panthers owner David Tepper, increased its stake in Caesars Entertainment (NASDAQ: CZR) in the fourth quarter. The Harrah’s operator was one of several previously held positions in which Appaloosa boosted its exposure during the...
MGM Provides Support to IAC Investment Thesis, Share Stake Rises
Barry Diller’s IAC/InterActiveCorp (NASDAQ: IAC) posted fourth-quarter revenue that missed Wall Street estimates. But the shares rallied Wednesday due in part to the company’s large stake in MGM Resorts International (NYSE: MGM). The sharp move higher by the media conglomerate’s stock arrived...
NY State Sen. Jessica Ramos Nears Decision on Queens Casino Land
New York State Sen. Jessica Ramos, the Democrat representing the Citi Field area, is reportedly nearing a decision on authoring legislation that could determine the fate of a proposed $8 billion Queens casino project. Ramos, who last year balked at the idea...
MGM Notches Record Q4 Results, Buyback Binge Continues
After the close of U..S markets Tuesday, MGM Resorts International (NYSE: MGM) delivered record fourth-quarter results. They did so while telling investors it continues repurchasing significant amounts of its shares. Helped in part by the Las Vegas Grand Prix in November, the...
Mets Owner Steve Cohen Promises $1B if Queens Casino is Approved
New York Mets owner Steve Cohen is promising to deliver $1 billion in community benefits if New York regulators approve his plan to bring a casino hotel to Queens. Cohen is partnering with Hard Rock International, the gaming arm of Florida’s Seminole...
Reno Casinos See Super Bowl Boost, Circa Sportsbook Breaks Records
In the Nevada gaming landscape, every other casino market is an afterthought when measured against Las Vegas. But with the help of San Francisco 49ers fans from California’s Bay Area, Reno/Lake Tahoe benefited from the Super Bowl in significant fashion. While Las...
Some Online Betting Stocks Worth Wagering On, Says Analyst
With the underdog Kansas City Chiefs winning Super Bowl LVIII, the most bet on domestic sporting event was a negative one for regulated sportsbooks, but one bad day doesn’t dent the long-term outlook for online betting stocks. Two of the titans of...
Former Gov. Perry Renews Call for Texas to Legalize Sports Betting
The Kansas City Chiefs took home their second consecutive Lombardi Trophy and third in four years as Super Bowl LVIII drew record betting volume, helped by 38 states and Washington, DC offering some form of legalized sports wagering in advance of the...
Portnoy Reveals Barstool Sports, DraftKings Partnership
Just minutes after the Kansas City Chiefs vanquished the San Francisco 49ers in Super Bowl LVIII on Sunday night, Barstool Sports founder David Portnoy announced a widely speculated upon partnership between his company and DraftKings (NASDAQ: DKNG). Rumors regarding such a relationship...
