DraftKings posts 44% revenue growth, but falls short of estimates

In this photo illustration the DraftKings logo seen displayed on a smartphone. Rafael Henrique | Sopa Images | Lightrocket | Getty Images DraftKings on Thursday posted quarterly results that missed Wall Street estimates on the top and bottom line, but it increased its revenue by 44%. Here’s what DraftKings reported compared with what Wall Street … Read more

Super Bowl bets placed online surged this year, verification company says

ATLANTIC CITY, N.J. — Online betting on the Super Bowl surged this year, with many gamblers waiting until right before the kickoff to place their wagers, according to a company that tracks the location of internet gamblers. Data released Monday from GeoComply shows that the number of verification checks it carried out over the weekend … Read more

Here’s how to bet legally on the Super Bowl

ATLANTIC CITY, N.J. — ATLANTIC CITY, N.J. (AP) — More people in the U.S. than ever before are expected to bet on this year’s Super Bowl, including novice bettors attracted to the game due to the possible attendance of pop star Taylor Swift, whose boyfriend Travis Kelce will be among the players. With sports betting … Read more

Betting on the Super Bowl? Be sure to report your wins to the IRS

Travis Kelce of the Kansas City Chiefs, left, and George Kittle of the San Francisco 49ers stand on stage during the NFL’s Super Bowl Opening Night show at Allegiant Stadium in Las Vegas, Feb. 5, 2024. Chris Unger | Getty Images Sport | Getty Images Sunday’s Super Bowl between the NFL’s San Francisco 49ers and … Read more

Wynn nearly back in Macao, Vegas strong ahead of Super Bowl, Chinese New Year

Wynn Resorts posted beats on its top and bottom lines in the fourth quarter. In results released after the closing bell Wednesday, both Macao locations and Las Vegas were strong while Boston Harbor was essentially in line with expectations. The Club stock moved higher in after-hours trading. Operating revenue for the three months ended Dec. … Read more

Virginia considers a major expansion of gambling by legalizing ‘skill games’

RICHMOND, Va. — Dueling legislative proposals in Virginia backed by different gambling companies would open the door for an expansion of slot-like betting machines in businesses such as truck stops, restaurants and convenience stores. At the center of the debate are “gray machines,” arcade-style games that look similar to slot machines but involve an element … Read more

Tropicana Las Vegas, a Sin City landmark since 1957, will be demolished to make way for MLB stadium

LAS VEGAS — When the Tropicana Las Vegas opened in 1957, Nevada’s lieutenant governor unlocked the door to what would become a Sin City landmark for more than a half-century. Then he threw away the key. “This was to signify that the Tropicana would always stay open,” said historian Michael Green. Six decades later, the … Read more

Judge green-lights narrowing of main road through Atlantic City despite opposition from casinos

ATLANTIC CITY, N.J. — Atlantic City got a green light Friday to proceed with a project to reduce the width of its main street from four lanes to two, despite fears from casinos and a hospital that the plan could tie the city into gridlocked knots, scare away gamblers and delay emergency vehicles. Superior Court … Read more