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Mexican TV giant spins off soccer, gambling operations, to robust stock market debut

February 21, 2024 - Shares of Mexican soccer and gambling business Ollamani SAB surged Tuesday following its spinoff from pay TV operator Grupo Televisa SAB, driving the market value of the newly listed company... Read more »

Game shipments boost revenue for Light & Wonder; board backs plan for Australian stock market listing

May 10, 2023 - Light & Wonder highlighted research-and-development streamlining and preparations to list its stock in Australia as it posted first-quarter revenue that topped Wall Street forecasts. Although the company reversed its year-earlier... Read more »

Billionaire-backed ‘sports stock market’ venture looks to join gambling craze

September 22, 2022 - Sports gamblers in New Jersey now have a new way to profit off their favorite NFL player’s success. Mojo, a startup backed by billionaire Mark Lore, former New York Yankee... Read more »

NFL player “stock market” Mojo launches in New Jersey

September 19, 2022 - Mixing sports gambling, fantasy competition and stock market mechanics, Mojo [launched] in New Jersey Monday with $100 million raised to date. In the app, NFL players—from Tom Brady to Jets... Read more »

Paddy Power gambles on new sports betting virtual stock market

May 10, 2021 - Paddy Power, the eponymous face of Ireland’s biggest bookmaker who was responsible for some of the company’s most controversial publicity stunts, is betting that his new tech startup, a virtual... Read more »

Doing the impossible: Trying to predict the future of the stock market

September 20, 2020 - Trying to understand the ups and downs of the stock market, or any individual stock, is never easy. The explanations that analysts offer to attempt to explain the fluctuations in... Read more »

Sports betting could become a hot ticket item for the stock market players

June 13, 2020 - With casinos reopening across the U.S. in the COVID-19 environment, legal sports betting is drawing renewed attention as the gaming industry recovers from its nationwide shutdown. The interest, however, comes... Read more »

Gaming shares aren’t spared in recent stock market downturn

February 28, 2020 - Casino operator Wynn Resorts and equipment providers Everi Holdings and AGS had something in common Thursday. The companies were the only members of the gaming sector not to experience a... Read more »

Viral outbreak causes U.S. stock markets to hammer Nevada-based Macau casino operators

January 22, 2020 - Just as concerns over the U.S.-China trade war subsided, a viral outbreak from China is causing a new headache for investors in Nevada-based Macau casino operators. Shares of MGM Resorts... Read more »

Turbulent stock market disconnected from gaming universe during G2E-crazed Las Vegas

October 17, 2018 - While the industry partied in Las Vegas during the Global Gaming Expo, Wall Street burned. Last week’s stock market plunge – the Dow Jones Industrial Average fell nearly 1,400 points... Read more »