Writer: Howard Stutz
Barstool performance and growth helps Penn National following ‘difficult and surreal’ 2020
With much of its nationwide casino business still operating under COVID-19 health and safety guidelines and capacity limitations, Penn... more
Prolific sports gambler ‘Mattress Mack’ places a $3.5M bet on Tampa Bay in Super Bowl LV
Since the Houston Texans aren’t involved in Super Bowl LV, prolific sports gambler Jim “Mattress Mack” McIngvale is putting his money on... more
William Hill US joins Virginia’s growing sports betting market in time for Super Bowl LV
William Hill US, through its partnership with Caesars Entertainment, launched its mobile and online sports betting app in Virginia on... more
Expanded sports betting states will fuel Super Bowl wagering, but COVID will lower the total
A year ago, Americans wagered roughly $280 million on Super Bowl LIV through legal sportsbooks. Nearly $154.7 million of those bets took... more
Full House seeks $300 million in new debt to help pay for expansion to Colorado casino
Las Vegas-based casino operator Full House, which announced plans last month to increase the expansion size of its Colorado casino, said... more
Building a New York City casino resort continues to attract the interest of Las Vegas Sands
Las Vegas Sands still has that New York state of mind. After all, CEO Rob Goldstein said the company has “been looking at New York for, I... more
Social gaming developer PlayStudios to go public through SPAC merger with a $1.1B valuation
Social gaming provider PlayStudios announced Monday it was merging with Acies Acquisition Corp., a publicly traded special purpose... more
Churchill Downs spending $193.9 million in a stock repurchase transaction
Racetrack and casino operator Churchill Down said Monday it was repurchasing 1 million shares of its common stock from an affiliate of The... more
Macau casinos start 2021 with a 63.7% revenue decline in January
Macau’s casino industry opened 2021 with a 63.7% revenue decline in January, but analysts quickly sounded a positive note, saying the... more
San Manuel Tribe donates $1 million to help Southern California businesses
Fifty small businesses located within the ancestral territory of Southern California’s San Manuel Indian Tribe – all devastated... more
