Location: +United States
Despite New Jersey petition, SCOTUS probably won’t hear prediction market case yet — but it will eventually
All the legal wranglings over sports event contracts seem to have a clear endpoint: the U.S. Supreme Court. And at a status hearing last... more
Gamification and memes lure young people to sports wagering apps and prediction markets
When Rory McIlroy won the Masters for the second year in a row, Kalshi shared a photo of him on Instagram with the words, “Wait he’s... more
Las Vegas Strip posts 6.5% gaming revenue increase in April
Aided by a 15% jump in baccarat revenue, the Strip posted a 6.5% increase in gaming revenue in April. Every jurisdiction in Nevada, except... more
Questions remain about Caesars-Fertitta deal; casino industry ripe for leveraged and management buyouts
One Wall Street gaming analyst raised key questions over the acquisition of Caesars by Fertitta Entertainment, while another suggested the... more
Casino experts react to Fertitta buying Caesars Entertainment
Fertitta Entertainment’s nearly $18 billion acquisition of Caesars Entertainment has casino experts speculating what changes will come to... more
Wall Street analyst says MGM and Boyd will benefit from Caesars’s acquisition by Fertitta Entertainment
A Wall Street analyst points to MGM Resorts International and regional operators like Boyd Gaming as beneficiaries of the acquisition of... more
Primm family says no deal imminent with travel center company
The family that owns the land where casinos and gas stations have long operated in Primm on the Nevada and California border released a... more
Reid International passenger counts down in April, but analysts optimistic on Las Vegas rebound
As Nevada is set to release its April gaming numbers Friday, followed by tourism officials releasing visitation totals, Wall Street... more
AGA says states have lost $1 billion in tax revenue because of prediction markets
The American Gaming Association now estimates that states have missed out on more than $1 billion in tax revenue due to the rise of... more
Analyst reflects on Bally’s first-quarter miss
Truist Securities analyst Barry Jonas stood by a Hold rating and a low price target for Bally’s Corp. in a May 27 investor note. His... more
