CBRE forecasts NYC’s three new casinos will generate $4.1B-$5.6B annually, with gaming accounting for 70% of revenue. Genting leads Bally’s and Hard Rock.
Browsing: News
SoftBank obtains $40B unsecured bridge loan from JPMorgan, Goldman Sachs and others to expand OpenAI investment. Loan matures March 2027.
Michigan online gaming generated $313M in February. Governor Whitmer proposes new per-wager sports betting tax and raising casino tax rates to 36%.
ARK Invest sold $84M in Meta (META), Nvidia (NVDA), AMD, and chip stocks on March 26, 2026. Details on Cathie Wood’s trades and what’s driving the selloff.
The NBA has officially begun exploring expansion into Seattle and Las Vegas, with new teams potentially starting play by 2028-29 season.
Ukraine launches automated system blocking military personnel from online gambling platforms, with PlayCity managing enforcement during martial law.
UK government keeps horse racing betting levy at 10% after three-year review. BHA expresses disappointment as affordability check concerns grow.
Meta (META) stock plummeted 8% after juries in California and New Mexico found the company liable for child safety issues, erasing $119B in market value.
Micron (MU) dropped 20% after Google’s TurboQuant announcement. Morgan Stanley sees a buying opportunity with 51% upside potential. Here’s the bull case.
A federal judge blocked the Trump administration’s ban on Anthropic’s Claude AI, calling it illegal First Amendment retaliation. Appeal window set at 7 days.
Netflix (NFLX) increases subscription prices across all plans by $1-$2/month. Standard now $19.99, premium $26.99 as content spending rises to $20B.
DraftKings debuts DK Replay in Oregon, allowing users to bet on historical MLB plate appearances with anonymized player matchups and pitch-by-pitch wagering.
ARK Invest partners with Kalshi prediction markets to enhance investment research and risk management. Cathie Wood calls it a natural innovation step.
Bittensor (TAO) surged 94% since March 8, but a golden cross pattern historically linked to 40% declines raises concerns for investors.
David Sacks exits White House crypto czar role after 130 days, joining PCAST with Zuckerberg, Jensen Huang, and other tech leaders. What’s next for crypto?