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SharpLink Shares Rise After TD Cowen Initiates Coverage With ‘Buy’ Rating

SharpLink Gaming (NASDAQ: SBET) climbed Friday after TD Cowen initiated coverage with a “buy” rating, citing the company’s unusual blend of cryptocurrency exposure and...
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Detroit Casinos Report $109.6 Million in December 2024 Revenue, Totaling $1.29 Billion for the Year

The three Detroit casinos reported an impressive $109.6 million in aggregate revenue for December 2024. Of this amount, table games and slots generated $109.3...

HG Vora Readies Proxy Battle Against Penn Entertainment

Shares of Penn Entertainment (NASDAQ: PENN) surged in late trading on Tuesday following a regulatory filing by activist investor HG Vora. The hedge fund...

MGCB Announces Sentencing for Two Involved in Flint Illegal Gambling Operation

The Michigan Gaming Control Board (MGCB) recently announced the sentencing of two individuals involved in operating the Cellular Bank, an illegal Flint storefront casino...

Wynn Praised for Strategic Acquisition of Crown London

Last week, Wynn Resorts (NASDAQ: WYNN) announced its acquisition of the Crown London casino, a small, exclusive establishment in the prestigious Mayfair District. Although...

Michigan Regulator Suspends TwinSpires for Non-Compliance

The Michigan Gaming Control Board (MGCB) has issued a summary suspension order against TwinSpires, a brand owned by Churchill Downs Technology Initiatives Company (CDI),...

Nevada Gaming Revenue Down for Second Consecutive Month

In November, Nevada casinos and other gaming facilities reported a combined win of $1.1316 billion from players. This marks a 4.2% decline compared to...

October 2024 Arizona Sports Betting Figures

In October 2024, sports betting in Arizona saw bettors wagering around $791 million, as reported by the Arizona Department of Gaming. This marks a...

BetMGM Brings Excitement to NFL Playoffs

BetMGM, a leading iGaming and sports betting operator, is set to be the ultimate destination for NFL playoff excitement with the launch of the...

Flutter Cuts 2024 Revenue Outlook Amid ‘Customer-Friendly’ Outcomes

Shares of Flutter Entertainment (NYSE: FLUT) dropped nearly 2% in Tuesday’s after-hours session after the FanDuel parent lowered its 2024 earnings and revenue guidance,...

DraftKings Rolls Out Subscription Service Giving Bettors a Boost in Odds

DraftKings users can now improve their parlay odds with a new $20 per month subscription service, as first reported by Sportico. Max 100% Boost Called...
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