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Casino operator shares buoyed by US sports betting opportunities

15th May 2018 11:01 am GMT

The decision by the Supreme Court to overturn PASPA and open up a path to legalization of sports betting across the United States has proved a boon to shareholders of the industry's leading casino operators.

The ruling, issued yesterday, was hailed by the leading land-based casino operators, which are expected to be among the biggest beneficiaries of the long-awaited ruling.

Shares in Caesars Entertainment Corporation (NSQ:CZR) closed Monday in New York up 5.46 per cent [...]

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