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Industry
June 3, 2024
Trump Tops PredictIt Markets Despite the Guilty Verdict
Former US President Donald Trump, was just found guilty on 34 charges of first-degree falsification of business records, related to an affair with adult film star Stormy Daniels. Yet, political bettors’ backing for him has barely shifted. The guilty verdict had the notable effect of immediately causing a spike in political betting activity. PredictIt, a […]
Business
June 3, 2024
PENN Entertainment Shares Soar amid Activist Investor Criticism
After an activist investor in PENN Entertainment sent a letter to the company’s board of directors, the leading gaming and entertainment operator’s shares marked an uptick. In the letter, a six-page long document, PENN’s shareholder, Donerail Group, encouraged the company to consider divesting assets in order to create value that is certain and meaningful for […]
Industry
June 3, 2024
North Carolina Man Wins $5 Million Jackpot after Heeding Inner Voice
Eric Walker of Concord had an inexplicable feeling urging him to buy a $30 lottery ticket. He listened to that inner voice, a decision that ultimately won him a $5 million jackpot, lottery officials announced Thursday. Walker’s story is a testament to the power of intuition and how a seemingly random decision can change one’s […]
Casino
June 3, 2024
Borgata’s Bonus Spin Xtreme Jackpots Hit $3M Mark
The Borgata Hotel Casino & Spa in Atlantic City has been the scene of major excitement after a table games player hit $1.2 million on the Bonus Spin Xtreme progressive jackpot in early May. Lucky Borgata Player Strikes $1.2M Jackpot with Bonus Spin Xtreme The lucky player, who made a $5 side bet, got into […]
Business
June 3, 2024
Carl Icahn Reportedly Holds Significant Stake in Caesars
The recognizable billionaire and businessman, Carl Icahn, holds a significant stake in Caesars Entertainment, the leading gaming, hospitality and entertainment operator, Bloomberg News announced recently. The publication cited sources close to the matter. After the release of the recent report, Caesars shares marked an uptick. During last week, the company’s stock hovered around $32 per […]
Sports
June 3, 2024
Dallas vs. Boston G1 2024 NBA Finals Odds, Time, and Prediction
Judging by the 2024 NBA Finals odds, the Boston Celtics are expected to win Game 1 with the Dallas Mavericks. Are bookies right to think so? Keep reading our preview to see what we think! Dallas Mavericks vs. Boston Celtics NBA Finals Odds Moneyline Odds Dallas Mavericks +200 Boston Celtics -240 Spread Odds Dallas Mavericks […]
Sports
June 3, 2024
Dominick Reyes vs. Dustin Jacoby UFC Kentucky Odds, Time, and Prediction
Dominick Reyes is coming back to the Octagon to try and put an end to his 4-fight losing streak. The man determined not to let it happen is Dustin Jacoby, who too is trying to get his career back on track after three losses in four fights. Dominick Reyes vs. Dustin Jacoby Odds Moneyline Odds […]
Sports
June 3, 2024
Illinois Governor Sure Sportsbooks Will Stay in Illinois Despite Tax Hike
Illinois Gov. J.B. Pritzker does not think companies like FanDuel and DraftKings will leave the state after a major tax increase. FanDuel and DraftKings Reconsider Illinois Operations Amid Proposed Tax Hike FanDuel and DraftKings, which combined reached $729 million in revenue generated from Illinois bettors last year, are now reconsidering their investments and operations in […]
Business
May 31, 2024
Flutter Shifts Primary Listing to NYSE, Promotes New CFO
In a significant strategic move, Flutter Entertainment, the world’s largest online betting company and owner of FanDuel, has officially transferred its primary listing to the New York Stock Exchange (NYSE). Flutter also announced the appointment of Rob Coldrake as CFO, marking a pivotal moment in the company’s evolution as it heightens its focus on the […]
Lottery
May 31, 2024
Michigan Lottery Elevates Joe Froehlich to COO Role
The Michigan Lottery confirmed an important senior-level promotion. On Thursday, the lottery revealed that it looked from within to select a new chief operating officer (COO). After careful consideration, Joe Froehlich, an executive with extensive experience, was chosen for the important role. The appointment was confirmed by Suzanna Shkreli, the Michigan Lottery’s commissioner. Taking on […]
