Industry
July 19, 2024
Casino Sector Underperforms Despite Solid Fundamentals, Analyst Warns
Barry Jonas, an analyst at Truist Securities, is worried that the casino sector has been underperforming. He cited strong gaming fundamentals but said investors are growing increasingly concerned about a potential consumer pullback. Las Vegas Strip Shows Surprising Strength Amid Investor Worries In a note to investors, Jonas dismissed concerns about record heat in Las […]
Sports
July 19, 2024
2024 Olympics Men’s Javelin Odds, Time, and Prediction
Who’s going to win the Men’s Javelin Throw event at the 2024 Olympics in Paris? Judging by the betting odds, the battle for the gold medal will be led between India’s favorite Olympian Neeraj Chopra, Pakistan’s Arshad Nadeem, Germany’s Julian Weber, and Czech athlete Jakub Vadlejch. Javelin Thrower Odds Neeraj Chopra +200 Jakub Vadlejch +200 […]
Industry
July 19, 2024
Massachusetts Communities Benefit from $18M in Gaming Commission Grants
The Massachusetts Gaming Commission (MGC) has just awarded over $18 million worth of grants from the Community Mitigation Fund (CMF) all throughout several municipalities and eligible entities in the state. This funding, which is for fiscal year 2025, aims to offset any negative effects that may come with running a casino as well as improve […]
Industry
July 18, 2024
Washington D.C.’s Online Sports Betting Market Launches after a Minor Hiccup
Wednesday was a significant milestone for Washington D.C. as Fan Duel, which previously enjoyed a monopoly in the city, is now joined by BetMGM and Caesars Sportsbook. The District had to wait for the ratification of the fiscal year 2025 budget to continue sports operations, causing unintended disruptions for operators. D.C. Online Sports Betting Had […]
Business
July 18, 2024
Evoke Behind Plan as Revenue Stumbles
Evoke, the recently rebranded company emerging from 888 Holdings, has reported a slower-than-expected second quarter of the year. In its Q2 2024 update, the company acknowledged that it was what it called “behind plan” on its revenue growth projections, prompting renewed soul-searching among the company’s top brass. Evoke Still Finding Its Footing in Post-888 Era […]
Sports
July 18, 2024
Arnold Allen vs. Giga Chikadze UFC 304 Odds, Time, and Prediction
Arnold Allen (19-3) lost his two fights and is desperate to get back onto the winning track ASAP. It won’t be easy for him to do it at UFC 304 as he’s taking on Giga Chikadze (15-3), a fighter who lost just one fight in the last six years. The good news for Allen is […]
Sports
July 18, 2024
France vs. Team US Olympic Soccer Odds, Time, and Prediction
The France vs. Team US Olympic Soccer game is guaranteed to be an exciting affair given that both teams are packed with young and talented players. Judging by the betting odds, France is more likely to win. In fact, this team is the No. 1 favorite to win Gold. However, keep in mind that the […]
Business
July 18, 2024
SharpLink NASDAQ Listing Threatened by Compliance Strikeout
In an update provided by SharpLink, a leading sports betting affiliate company, the firm informed that it has received a noncompliance notice from NASDAQ, citing an issue with Listing Rule 5550(a)(2) which demands companies to maintain a minimum bid price of $1 per share. SharpLink Braces for Recovery of NASDAQ Compliance SharpLink’s trading price stood […]
Sports
July 18, 2024
PENN Entertainment Outlines Layoffs in Penn Interactive
Much criticism has been heard about PENN Entertainment CEO Jay Snowden’s managerial style. From vituperations against his cushy pay package to fulminations over the incredulous sale of the Barstool Brand for $1 back to its controversial owner, David Portnoy, after forking out millions to acquire it, now PENN is preparing to lay off staff in […]
Sports
July 18, 2024
Joe Joyce vs. Derek Chisora Odds, Time, and Prediction
Two British heavyweight veterans will clash at The O2 Arena on July 27. The Joe Joyce vs. Derek Chisora bout has the potential to open the door to a WBO heavyweight title fight for the winner. So, who will it be, 38-year-old Joyce who is 16-2, or his two years older rival Chisora whose pro […]
