4505 stories by Todd Shriber
ESPN Bet, Fanatics Making Inroads with Key Demographics
DraftKings and FanDuel are the giants in the US online sports betting market, amounting to a duopoly that controls more than 70% of total wagers, but some rivals are making inroads among key segments. In Morgan Stanley’s recently released third biannual sports...
Robinhood CEO Says Broker is Examining Sports Betting
At the company’s investor day on Wednesday, Robinhood (NASDAQ: HOOD) CEO Vlad Tenev said the firm is evaluating avenues to get into sports betting. Tenev told shareholders that the purveyor of the popular investing mobile application is "keenly looking" for ways to...
Yang Says Sports Betting Harming American Men, More Regs Needed
Former Democratic presidential and New York City mayoral candidate Andrew Yang believes sports wagering is having adverse effects on American men and that states should do a better of job regulating the industry to prevent further harm. In an editorial for Newsweek,...
Resorts World Las Vegas Endures Dismal Third Quarter
Citing “an abnormally hot summer in Las Vegas and economic uncertainty in an election year,” the operator of Resorts World Las Vegas disclosed to investors that the third quarter was the casino hotel’s worst three-month stretch in two years. In a new...
DraftKings Flirting with Nasdaq 100 Index Inclusion
The annual reconstitution process for the widely followed Nasdaq 100 Index (NDX) commenced last Friday and it’s possible that when the results are released on December 13, DraftKings (NASDAQ: DKNG) will get a promotion to that gauge. DraftKings making the leap to...
Wyoming Could Enter iGaming Fray in 2025
A Wyoming policymaker is expected to reintroduce iGaming legislation in 2025, potentially positioning the state to join the small group that currently permits that form of wagering. On the heels of a gaming expansion study sponsored by the Wyoming Gaming Commission (WGC),...
Long Island Casino Public Meeting Slated for Dec. 9
Nassau County residents will get their chance to sound off on Las Vegas Sands’ proposal to build a casino hotel at the site of Nassau Coliseum in Uniondale, NY at a public meeting of the county legislature on Monday, December 9. Scheduling...
DraftKings CEO Says More iGaming Legislation Could Emerge in 2025
Next year could be more active in terms of state-level legislation aimed at online sports betting and iGaming following a series of disappointments in 2024, according to DraftKings (NASDAQ: DKNG) CEO Jason Robins. Speaking on Craig-Hallum's 4th Annual Online Gaming conference call...
Century Casinos Could Get Lift from Missouri, Nevada Casinos
Shares of Century Casinos (NASDAQ: CNTY) surged nearly 36% this month, but some analysts believe the stock could have more upside ahead of it thanks to contributions from the operator’s Missouri and Nevada gaming venues. In a note to clients today, Stifel...
Fanatics Rising in US Sports Betting
Fanatics is making gains in terms of US online sports betting (OSB) market share, indicating that it could be a viable contender in the space over the long term. Privately held Fanatics acquired PointsBet US in 2023 in a $225 million all-cash...
