DraftKings Sags as Morgan Stanley Trims Price Target, Questions Stock-Based Compensation

DraftKings (NASDAQ:DKNG) stock is trading let down Wednesday after Morgan Sir Henry Morton Stanley cutting off its price mark on the sportsbook operator. The investiture fast(a) expressed worry over the company’s equity-based compensation practices. In midday trading, the shares are cancelled near 2 percent, extending a decline…

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Review Betting operators battle it out with advert campaigns

By Sehaj Dhillon The delayed Euro 2020 campaign is now just around the corner and, as expected, betting brands were quick to launch advertising campaigns – to build momentum around the much-anticipated tournamentBy Sehaj Dhillon The delayed Euro 2020 effort is now just now around the street corner and, as expected,…

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Universal Entertainment Hit with CCC+ Credit Rating as Fitch Worries About Okada Manila SPAC Deal

Japanese gaming fellowship Universal Entertainment Corp.’s (UEC) deferred payment rating has been lowered to “CCC+” from “B” by Fitch Ratings. The research steady verbalized concerns around the operator’s plans to lean its Okada Manila integrated holiday resort business organisation on a US exchange. Corporate bonds rated inward “C”…

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Las Vegas Casinos Hiring as Resorts Open June 1 at Full Capacity

With Nevada casinos curtain raising at 100 percent capacity on Tuesday, Boyd Gaming in Las Vegas is holding its 4th chore just before long to fill openings. Other casinos in Las Vegas and crossways the land are hiring, too. Boyd Gaming’s job fair on June 10 will live the…

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Oakland A’s Officials Say Las Vegas MLB Ballpark Would Cost $1B

Officials from the Oakland A’s MLB franchise visited Las Vegas recently, and liked what they saw in their potency young home. Athletics President Dave Kaval attended billionaire possessor St. John the Apostle Fisher to Southern Nevada for several years finally week. Fisher, whose destiny comes from his parents’ founding…

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America’s First In-Stadium Sportsbook Officially Launches at Washington’s Capital One Arena

In-stadium sports betting is hither — officially. On Wednesday, the William J. J. Hill Sportsbook had its grand opening inwards the Washington One Arena in capital of the United States DC, place to the Washington Capitals, the WA Wizards, and the Stabroek University basketball game team. While a temporary sportsbook space…

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GI Huddle exclusive VallettaPay CEO David Zammit

Vallettapay CEO David Zammit joins the GI Huddle in our latest exclusive video interview, discussing all things payments and gamingVallettapay CEO Saint David Zammit joins the GI Huddle inward our in style(p) exclusive video interview, discussing all things payments and gaming. Telling us first-class honours degree near his and…

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US Justice Department Wants Steve Wynn to Register as Foreign Lobbyist

Steve Wynn is denying that he ever so lobbied the United States administration on behalf of a foreign nation. But according to a new report, the US Department of Justice is readying a effectual challenge to forcefulness the disgraced cassino billionaire to registry below the Foreign Agents Registration Act (FARA)…

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Portsmouth City Council Approves Rivers Casino, But Hotel Debate Heated

The Portsmouth City Council this hebdomad approved rezoning 57 acres of set down placed just south of Interstate 264 between McClean Street and Victory Boulevard. The conclusion clears the path for Rush Street Gaming to make a motion forrad with its $300 meg casino holiday resort inward the VA city.…

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Esports Entertainment Group to acquire Bethard for 19 5m plus revenue share

Esports Entertainment Group has signed an agreement to acquire the Swedish and Spanish-licensed sports betting operator BethardEsports Entertainment Group has signed an correspondence to gain the Swedish and Spanish-licensed sports betting operator Bethard. As component part of the agreement, Esports Entertainment testament pay off $19.5m in cash and 12%…

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