Shares of DraftKings (NASDAQ: DKNG) surged in early trading Friday, extending a run that’s seen the stock gain more than 10% over the past month. That’s after Barclays analyst Brandt Montour upgraded the gaming equity.
A DraftKings Sportsbook advertisement above the Grand Central subway station in New York City. The stock rallied Friday on an...Ex-NFL Player Marshawn Lynch Agrees to Deal on Las Vegas DUI
Former pro running back Marshawn Lynch will avoid a DUI conviction and possible jail sentence if he completes the terms of a deal worked out between attorneys in a Las Vegas court.
Marshawn Lynch, pictured above. The former NFL player agreed to a plea deal this week in a Las Vegas court. (Image: The Columbian)On Wednesday, without him entering a...
Pennsylvania Casino Revenue Falls 12 Percent
Pennsylvania casinos won far less money on their brick-and-mortar floors in January 2024 than they did in January 2023. The Keystone State’s woes to begin the new year mirror much of the nation where retail play slowed.
Hollywood Casino at Penn National Race Course. Pennsylvania casino win at the state’s 17 brick-and-mortar properties...Texas Judge Says Gaming Machines Are Legal -- Report
A Texas judge reportedly said this week that popular machines and games played on them are skill-based and therefore legal under state law.
Pace-O-Matic office, pictured above. Legal debates on their games continue to be heard in courts. (Image: LinkedIn)Fannin County District Judge Laurine Blake indicated her initial decision earlier this week on...
Atlantic City Receives $1.4M for License Plate Reader Technology
Atlantic City has received nearly $1.4 million from the state to purchase and install 120 automated license plate reader (ALPR) cameras. The technology assists law enforcement in keeping Atlantic City’s streets safe.
An automated license plate reader is seen surveilling license plates. Atlantic City has received state funding to install 120...Caesars Bolstering iGaming Footprint In Wynn Michigan Buy
Caesars Entertainment (NASDAQ: CZR) said today it’s acquiring Wynn Resorts’ (NASDAQ: WYNN) Michigan iGaming operating rights, bolstering the buyer’s internet casino footprint in one of the six states that permit that activity.
Caesars Palace Las Vegas. The operator’s Q4 earnings were disappointing, but it’s buying Wynn’s...Jackpocket Buy Mostly Favored By Analysts Covering DraftKings
Last week, DraftKings (NASDAQ: DKNG) delivered disappointing fourth-quarter results while lifting 2024 revenue and earnings before interest, taxes, depreciation, and amortization (EBITDA) forecasts. Analysts, however, largely focused on the announced acquisition of online lottery provider Jackpocket.
The Jackpocket app featured in a press release....Bed Bugs Found at 4 Las Vegas Strip Resorts Since September
Inspectors found live bed bugs at five Las Vegas Strip casino resorts — Encore, Venetian, Mirage, and Excalibur — over the past five months.
Bed bugs are notoriously excellent at avoiding detection and reproducing rapidly, and can survive for six months without a blood meal. In addition, thanks to decades of genetic evolution, they and...Macau Lawmakers Propose Bill to Better Combat Gambling Crimes
The Macau government on Monday looked to strengthen protections to limit gambling crimes and increase penalties for those who commit them. The legislation was introduced in December, but just now publicized.
Legislation introduced in the Macau Legislative Assembly seeks to provide the region’s Public Security Police Force with new powers....New York iGaming Bill Opposed by Queens Casino Workers
Cash-strapped New York is looking for new revenue sources with iGaming getting plenty of attention, but that doesn’t sit well with employees at Resorts World New York in Queens.
New York state Sen. Joseph Addabbo meets with constituents in his Queens district. New York state Sen. Joseph Addabbo meets with constituents in his Queens district....Page 12 of 1011