Joe Milton III #19 of the New England Patriots scrambles from the pressure of Kyu Blu Kelly #36 of the Washington Commanders during the third quarter of a preseason game at Commanders Field on August 25, 2024 in Landover, Maryland. Scott Taetsch | Getty Images Sport | Getty Images Football is back, and it’s expected … Read more
The volcano attraction in front of The Mirage Hotel & Casino erupts on July 16, 2024, in Las Vegas, Nevada. Hard Rock International (HRI) will close the resort on July 17, 2024, to begin a construction project to transform the property into the Hard Rock Hotel & Casino and Guitar Hotel Las Vegas by 2027. … Read more
We’ve got our July Monthly Meeting this Wednesday and are preparing an exciting update of something we talked about at our annual gathering back in February . Join us live at noon ET. In the meantime, we received some terrific feedback from members after revealing in late May five stocks we would buy right here, … Read more
A new strategy has emerged in the battle to ban smoking in casinos: the shareholder vote. Shareholders at Boyd Gaming, Bally’s Entertainment and Caesars Entertainment will put on the ballot at the respective casino companies proposals to force them to study the costs associated with permitting smoking indoors — and whether going smoke-free could save … Read more
A customer walks through The Home Depot store on February 20, 2024 in Austin, Texas. Brandon Bell | Getty Images The state of the consumer in 2024 is already taking shape — even before the country’s major retailers begin to report first-quarter earnings, starting with Home Depot and Walmart next week. There are signs that … Read more
Barstool founder and CEO Dave Portnoy is seen before the Florida Atlantic Owls and Loyola (Il) Ramblers game in the Barstool Invitational at Wintrust Arena on November 8, 2023 in Chicago, Illinois. Michael Hickey | Getty Images Barstool Sports founder Dave Portnoy is cashing in $2.76 million on UConn’s big win over Purdue Monday night … Read more
Seven of the nation’s largest gaming companies are joining forces to create a trade group to promote responsible gaming, and for the first time ever, will share information about problem gamblers. The seven operators — FanDuel, DraftKings, BetMGM, Penn Entertainment, Fanatics Betting & Gaming, Hard Rock Digital and bet365 — will form the Responsible Online … Read more
Fanatics founder and CEO Michael Rubin at his office in New York. The Washington Post | Getty Images Sports merchandise giant Fanatics is firing back against sportsbook giant DraftKings in an ongoing legal fight over Fanatics’ hiring of a top DraftKings executive. In a legal brief filed late Thursday in U.S. District Court in Massachusetts, … Read more
FanDuel-parent Flutter lists on the New York Stock Exchange Monday, offering U.S. investors an alternative to the biggest pure play in sports betting, DraftKings. It’s a secondary listing for the international sportsbook, which will retain its primary listing on the London Stock Exchange and included in the FTSE 100 index. But Flutter’s most important market … Read more
Palo Alto Networks CEO Nikesh Arora said Tuesday that cybersecurity demand will only intensify in 2024. He cited three reasons that highlight why investors keep pushing the Club stock to record highs. During a CNBC interview at the World Economic Forum’s annual meeting in Davos, Switzerland, Arora said that Palo Alto Networks stands to benefit … Read more
