Tag: Prediction markets
California tribes gather to combat encroachment of prediction markets
Fresh off Fanatics’s launching its sports betting prediction market in California and other states this month, the state’s tribal leaders... more
Nevada regulator fears prediction markets could expand into casino gaming and further threaten industry
The chairman of the Nevada Gaming Control Board warned the state’s gaming attorneys Friday that the rapid expansion of sports prediction... more
Caesars rent reduction possible, analyst says
Vici Properties might cut Caesars Entertainment a break on its regional-casino rent, according to J.P. Morgan analyst Daniel Politzer. His... more
Nevada regulators caution gaming industry after court decision on prediction markets
Following a favorable decision in federal court, the Nevada Gaming Control Board late Tuesday sent another notice to the casino industry,... more
Prediction markets dominate gaming summit in Boston
Ten gaming companies traveled to Boston for the 13th yearly Truist Securities GLL Summit last week. Truist analyst Barry Jonas boiled the... more
MGM CEO applauds Nevada crackdown on prediction markets: “It’s sports betting. Full stop.”
MGM Resorts International CEO Bill Hornbuckle Thursday applauded Nevada gaming regulators for standing up against sports betting prediction... more
FanDuel abandons Nevada licensing as it launches sports betting prediction markets app
FanDuel, which along with casino operators has been warned by Nevada gaming regulators to abstain from prediction markets or risk their... more
Tribal gaming leaders weigh threat from sports prediction markets and FanDuel’s new app
Two high-ranking executives with the Indian Gaming Association sounded a warning Wednesday that tribes will have to lobby Congress and beef... more
New IGA Chairman David Bean singles out prediction markets for tribes to tackle
The new chairman of the Indian Gaming Association said that the transition has been difficult for him personally, but the trade... more
Caesars making plans to enter sports prediction market
Caesars Entertainment told Wall Street analysts this week that, like other operators, they’re in the planning stages to enter the sports... more

