Gambling

  • Your Las Vegas Guide to New Year’s Eve-ing

    Posted on: December 16, 2024, 05:16h.  Last updated on: December 16, 2024, 06:23h. The Las Vegas Strip is the ultimate destination for New Year’s Eve, with a party that literally goes on for miles (four of them). Here are some of the most popular ways it offers to mark the passage of another year. This year’s fireworks on the Las…

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  • Kalshi Transformed Itself into ‘Online Casino’ Before Election: Regulator

    Posted on: December 9, 2024, 05:16h.  Last updated on: December 9, 2024, 05:16h. Immediately after a federal appeals court in Washington D.C. denied a U.S. regulator’s bid to block prediction platform Kalshi from offering trading on the U.S. presidential election, the company transformed its futures exchange into “an online casino.” Kalshi founders Luana Lopes Lara (left) and Tarek Mansour claim…

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  • Wyoming Could Enter iGaming Fray in 2025

    Posted on: December 2, 2024, 06:18h.  Last updated on: December 2, 2024, 06:18h. A Wyoming policymaker is expected to reintroduce iGaming legislation in 2025, potentially positioning the state to join the small group that currently permits that form of wagering. An American bison is pictured grazing in Jackson Hole, Wy. The state could approve iGaming legislation in 2025. (Image: Pony…

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  • Vegas Chippendales to Linq Back Up With Caesars Entertainment

    Posted on: November 25, 2024, 06:11h.  Last updated on: November 25, 2024, 06:11h. They’ve undressed for success at the Rio for 22 years. But after performing for around the 9,000th time for bachelorette and divorce parties there this New Year’s Eve, these dozen famously bow-tied hunks are moving to the Linq on the Las Vegas Strip. Opening day will be…

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  • Sportsbook Halts on College Games Last Longer Than Those on NFL

    Posted on: November 18, 2024, 05:01h.  Last updated on: November 18, 2024, 05:01h. It’s common for sportsbook operators to temporarily pause acceptance of wagers on certain games if large, odd-altering money has come in on those contests. There’s no uniformity for how longs these halts last, but recent trends suggest pauses on college football games take longer to be lifted…

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  • DraftKings Viewed as Bargain Among Gaming Stocks

    Posted on: November 11, 2024, 05:06h.  Last updated on: November 11, 2024, 05:06h. In DraftKings’ (NASDAQ: DKNG) four-plus as a standalone publicly traded company, rare have been the occasions that the stock has been considered inexpensive. Those instances arguably don’t exist at all, but at least one analyst believes shares of the online sports betting giant currently look appealing on…

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  • $13M from Plundered 1MDB Fund Siphoned to LVS for Gambling

    Posted on: November 4, 2024, 04:46h.  Last updated on: November 4, 2024, 04:46h. At least US$13 million was siphoned from the Malaysia Development Berhard (1MDB) government fund to Las Vegas Sands properties via a shell company, a financial fraud investigator told a court in Singapore Monday. Fugitive Jho Low, pictured in 2014 at a charity ball in New York, is…

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  • Genting Singapore Credit Rating Supported by RWS, Says Moody’s

    Posted on: October 28, 2024, 04:34h.  Last updated on: October 28, 2024, 04:34h. Momentum at Resorts World Sentosa (RWS) is supportive of Genting Singapore’s solid credit rating, according to Moody’s Investors Service. Resorts World Sentosa. Operator Genting Singapore has a strong credit rating and a clean balance sheet. (Image: Mediacorp) In a new report, the ratings agency affirmed its “A3”…

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  • Chukchansi Gold Casino Hit with Protests Against Disenrollment

    Posted on: October 21, 2024, 06:02h.  Last updated on: October 21, 2024, 06:02h. Visitors to the Chukchansi Gold Resort & Casino, near Fresno, Calif., Saturday witnessed around 100 people outside the premises protesting against its owner, the Picayune Rancheria of Chukchansi Indians. The Chukchansi Gold Resort & Casino in Coarsegold, Calif., above, was the scene of demonstrations against the tribe’s…

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  • Sphere Stock Rallies on Plans for Abu Dhabi Venue

    Posted on: October 14, 2024, 05:14h.  Last updated on: October 14, 2024, 05:14h. Shares of Sphere Entertainment (NYSE: SPHR) rallied late Monday after the company confirmed its second venue will be located in Abu Dhabi, United Arab Emirates (UAE). The Las Vegas Sphere lit up on Halloween 2023. Sphere Entertainment announced it’s adding a new venue in Abu Dhabi. (Image:…

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