The market in the U.S. for both retail and online sports betting is just setting up as more states move toward legalization. Both domestic and overseas companies are getting in the game, and now is a good time for investors to narrow down the potential winners. The movement to legalize […]
Betting
UNITED STATES—Vegas is hurting. Sadly that’s not because a plane load of high rolling Japanese and Russian industrialists have arrived and spun-up a couple of hundred million in the exclusive Salon Privé areas of the Bellagio, Venetian and Aria Casino. It is because people are simply not travelling to Sin City. […]
Casino and hotel giant Caesars Entertainment (NASDAQ:CZR) made a $3.7 billion bid for London-based sports betting company William Hill (OTC:WIMHY) over the weekend, according to Bloomberg, potentially accelerating its push into digital wagering and online sportsbook activities. Caesars offered a bid of 272 pence per share, a 25% premium above William Hill’s […]
A Penn National Gaming (NASDAQ: PENN) analyst has issued a Street-high price target and laid out a case for shares of the sports betting stock to hit $300 if everything goes perfect. The Penn Analyst: Rosenblatt Securities analyst Bernie McTernan initiated coverage of Penn National with a Buy rating and $80 […]
The Zacks Gaming industry comprises companies that primarily own and operate integrated casino, hotel, and entertainment resorts. Some of the industry participants also offer technology products and services across lotteries, electronic gaming machines, sports betting and interactive gaming. Major industry players include Wynn Resorts, Limited (WYNN), Las Vegas Sands Corp. […]
Cruise ship in the harbour Shares in airlines slumped as the UK re-imposed restrictions on travel to Spain, with companies like BA and Iberia owner IAG (IAG) nursing double digit losses. Ryanair (RYA) also announced a £162 million loss for the lockdown-affected quarter and said this year has been the toughest […]
^ I Support Local Community Journalism Support the independent voice of Denver and help keep the future of Westword free. On May 1, Colorado casinos, which were hit especially hard by the COVID-19 pandemic, will be able to get rid of $100 betting limits and add new games. “The limit […]
–News Direct– SuperDraft, Inc, the daily fantasy platform of Caesars Entertainment Inc. (NASDAQ: CZR), announced today the launch of the SuperDraft Free SportsBook App, the first free-to-play sports betting mobile app with cash prizes and Caesars Rewards. The SuperDraft Free SportsBook complements the company’s fan-friendly Daily Fantasy Sports offering, creating […]
For some people, Massachusetts is well behind the pack and cannot legalize sports wagering soon enough. But others say lawmakers should pump the brakes, learn from research conducted in mature gambling markets and take the time to ensure that as many of the unknowns around sports betting are addressed in […]
Listen to the content of this post: More states are legalizing sports betting. But if you don’t want to make a road trip to the casino, your phone is your next best “bet.” Let’s look at some apps where you can hopefully score some money betting on your favorite teams. […]
Here’s one more thing the coronavirus pandemic has ruined for at least some people: betting on the Super Bowl. The American Gaming Association, the gambling industry’s national trade group, predicted in a report Tuesday that the number of people planning to bet on the big game will decrease this year. That’s […]
Federal Reserve Chairman Jerome Powell Al Drago-Pool/Getty Images Text size Don’t expect much from this week’s Federal Reserve policy meeting—or any meeting for the rest of this year, at least. America’s monetary-policy makers are comfortable with where they’ve put interest rates and have deliberately set a high bar for making […]
CLOSE Michigan authorities are letting casinos and their partners to allow online sports bets more than a year after gambling was made legal here. Wochit The opening weekend for legal online sports betting in Michigan saw many bonus offer redemptions, a few technical glitches and at least a couple $100,000-plus losing […]
The recent passing of Sheldon Adelson, founder of the Las Vegas Sands (NYSE:LVS) gambling empire, marked the end of an era for the resort company, which helped shape the industry. Yet it could also herald a new beginning for the iconic casino brand since Adelson was a strict opponent of […]
FILE – In this March 11, 2020, file photo, patrons place in person bets during the launch of legalized sports betting in Michigan at the MGM Grand Detroit casino in Detroit. Online sports betting and casino games will start in Michigan at noon Friday, Jan. 22, 2021, an expansion of […]
SIOUX CITY, Iowa (KCAU) – The sports betting industry in Iowa could see a boom in 2021. Gamblers will no longer have to go in-person to create a sports betting account. The previous law stated an account must be established by an eligible individual in person with a licensee, forcing […]
Not every tip and tactic applies to every team or game, but go over this checklist to make sure you aren’t missing a key edge or angle that could impact your best college football bowl bets. Photo By – USA TODAY Sports After a patchwork 2020 college […]
Sports betting officially launched November 1 in Tennessee and has taken off. There are four licensed operators in the state. MEMPHIS, Tenn — Many of us have been spending extra time in the house and sports fans are using that time to weigh their bets to score in some extra cash. […]
Published Tuesday, Nov. 24, 2020, 3:28 pm Join AFP’s 100,000+ followers on Facebook Purchase a subscription to AFP | Subscribe to AFP podcasts on iTunes News, press releases, letters to the editor: [email protected] Advertising inquiries: [email protected] (© LIGHTFIELD STUDIOS – stock.adobe.com) Every industry is prone to change, the betting industry […]
Published Friday, Nov. 20, 2020, 9:42 am Join AFP’s 100,000+ followers on Facebook Purchase a subscription to AFP | Subscribe to AFP podcasts on iTunes News, press releases, letters to the editor: [email protected] Advertising inquiries: [email protected] (© Kaspars Grinvalds – stock.adobe.com) Sports betting has been the subject of continuous debate […]
Tennessee residents, are you ready to to have even more interest in sporting events? Sports fans and sports bettors, get ready for legal, online Tennessee sports betting come Sunday, November 1, 2020. BetMGM announced they plan to launch their sports betting app in Tennessee Sunday. “We’ve been eagerly working with […]
FREEHOLD, N.J. (AP) — Slow out of the gate as New Jersey sprinted ahead in the nascent U.S. sports betting market, Freehold Raceway is hoping to catch up to the pack as the latest entity in the state to offer it. The oldest harness racing track in the U.S. is […]