DraftKings Revenue Is Growing, but so Are its Losses
DraftKings, which recently said it plans to become a publicly traded company later this year, appears poised to have something in common with much of 2019’s crop of ballyhooed “unicorn”…
Illinois Horsemen, Churchill Downs at Odds Over 2020 Arlington Purses
Talks are set to resume later this week, perhaps as early as Wednesday, between officials from Churchill Downs Inc. (CDI) and the Illinois Thoroughbred Horsemen’s Association (ITHA) regarding purse sizes…
Ohio Sports Betting Bills Similar But Feature Fundamental Differences
As Ohio State Legislature gets ready to reconvene in Columbus later this month, lawmakers are still considering two ways to legalize sports betting in the state. Ohio state Rep. Dave…
MGM Resorts CEO Jim Murren Praises Gaming Industry
MGM Resorts CEO Jim Murren had no qualms identifying the numerous ways in which the gaming industry is benefitting society as a whole across the United States and beyond. MGM…
Topgolf Is Mulling an IPO That Implies the Company Is Worth $4 Billion
Topgolf International, the operator of driving ranges that shatter golf’s traditionally staid image, is reportedly preparing an initial public offering (IPO) for later this year that values the company at…