Penn CEO sees upside from vaccine and sports betting developments
- Nov 13, 2020
Penn National Gaming (PENN +0.3%) CEO Jay Snowden talked up the potential of sports betting in the U.S. during an appearance on CNBC this morning.
Read More . . .Penn National Gaming (PENN +0.3%) CEO Jay Snowden talked up the potential of sports betting in the U.S. during an appearance on CNBC this morning.
Read More . . .An NCAA official voiced concern Thursday over sports betting on the performance of individual college athletes, and she suggested that gambling regulators consider restrictions on such wagers to protect the integrity of the games.
Read More . . .As COVID-19 is still a part of daily life for Americans nationwide, will the Illinois Governor extend remote sports betting registration through the end of the year or will people in the state need to start going to retail locations to sign up for mobile sports wagering applications again?
Read More . . .Indiana cracked the top five in online sports betting handle with a bullet as Hoosiers wagered $231 million in October. That number is up more than 11% from September’s in-state, record-setting total of $207 million, and signals $35 million in gross revenue for September and October combined.
Read More . . .Chad Beynon of Macquarie Group Limited believes that Churchill Downs Inc., Galaxy Entertainment and Tilman Fertitta are top contenders for the Venetian, Palazzo and Sands Expo and Convention Center.
Read More . . .Penn National Gaming (PENN) is among the top-rated gambling stocks as more states allow sports betting and online wagering. Is Penn stock a buy right now? Here is what the fundamentals and technical analysis say.
Read More . . .Despite no paid spectators, handle was up 7% from the 2015 event at Keeneland.
Read More . . .Shaquille O’Neal has filed for a trademark for SHAQPOT and it indicated that he will be launching his own sports betting website.
Read More . . .Wynn Resorts has outlined the vision for its interactive division, as the casino developer and operator details continued struggles for its land-based operations in its Q3 report.
Read More . . .If it feels an odd question to ask in the middle of a Coronavirus pandemic, that’s probably because it is, but it’s not necessarily the wrong one. Live poker has always been something of a loss leader, and live festivals create the biggest of those losses
Read More . . .Tuesday, voters passed a trio of ballot initiatives allowing casinos at licensed horse race tracks and earmarking most of the tax revenue to property tax relief. Each drew at least 65% support, according to unofficial election results.
Read More . . .If the action seen by the Bodog sportsbook is any indication, sports gambling enthusiasts would have no problems accepting football all year.The NFL season runs from the beginning of September to the beginning of February.NFL and college football games covered 86.8% of the wagers on Bodog this past weekend, with the NFL capturing 45.94% of the action.
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