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Jay-Z Loses $1 Million Betting On NBA Finals: How The Indiana Pacers Spoiled Rapper's $3.33 Million Payday
Thursday, June 12, 2025 - 1:11pm | 858Rapper Jay-Z made a $1 million bet on the 2025 NBA Finals and before the series is even over, he's already out his bet. Don't worry though, losing $1 million probably won't be a "hard knock life" for someone worth billions of dollars. What Happened: He may be a former NBA owner (Brooklyn Nets), but...
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Sports Betting Sector Could See Duopoly Or Oligopoly In Most States: Goldman Sachs Analyst Favors These 2 Stocks
Friday, May 10, 2024 - 4:15pm | 621Goldman Sachs analyst Ben Andrews is out with a new report on the state of the sports betting sector. March online sports betting data points to the industry being softer, Andrews wrote, citing 7% year-over-year growth compared to 17% year-over-year growth in February. The key leaders in the...
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Oakland Ruins Barack Obama's March Madness Bracket, Helps Sportsbooks With Huge Upset Of Kentucky
Friday, March 22, 2024 - 5:08pm | 776They don't call it March calmness. The annual tradition of March Madness sees teams compete in the NCAA Men's Basketball Tournament. On the opening night of the first round of games, one Cinderella team punched its ticket to the second round and sent one of the most well-known college basketball...
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FanDuel Parent Flutter Lists On NYSE: How It Could Impact Sports Betting Rival DraftKings
Monday, January 29, 2024 - 1:01pm | 1234A leader in the sports betting sector is listing on the New York Stock Exchange (NYSE) Monday in a move that could bring more options to investors looking for exposure to the growing and highly competitive space. What Happened: After being rumored for several years, Flutter Entertainment plc (NYSE:...
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Fanatics Debuts Sportsbook In Pennsylvania: How Launch Coincided With Joel Embiid's Record Breaking Night
Tuesday, January 23, 2024 - 6:25pm | 876A sportsbook launched in Pennsylvania, is adding to the number of states it operates in as it looks to expand operations across the United States. What Happened: Fanatics Sportsbook launched in the state of Pennsylvania Monday, a move that coincides with the acquisition of the PointsBet brand in...
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Sports Betting Weekly Wrap: Dodgers World Series Favorites With Ohtani, Only 1 NFL Team Qualified For Playoffs, Next Legal State In January And More
Friday, December 15, 2023 - 5:53pm | 1006Here's a look at the top stories for the week, top bets cashed and what's next in the world of sports betting. Wild Thursday Night Football: The Thursday Night Football game for Week 15 of the National Football League season marked a change in pace with the over-hitting before halftime. The...
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This Tom Brady Baseball Card Is Worth... $500K? Inside The Hunt For A Rare Collectible
Monday, December 11, 2023 - 5:24pm | 911Retired NFL star Tom Brady is arguably one of the greatest of all time to ever play the sport. Many are familiar with Brady’s story: He was drafted in the 2000 NFL Draft and became a seven-time Super Bowl champion. But most fans may not know that he also was a baseball player taken in the...
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EXCLUSIVE: Move Over Starbucks, Gary Vee's VeeFriends Tackle Pumpkin Spice Latte With New Partnership
Thursday, October 5, 2023 - 9:17am | 952For many around the world, October and November evoke thoughts of Halloween and Thanksgiving, and for some, the anticipated return of pumpkin spice drinks and products. A well-known entrepreneur and figure in the NFT community is ready to celebrate the season with a unique pumpkin spice partnership...
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DraftKings A Winner In Sports Betting Sector, Analysts Expect Momentum To Continue
Monday, September 25, 2023 - 1:17pm | 754Sports betting company DraftKings Inc (NASDAQ: DKNG) continues to get strong ratings from analysts with the NCAA Football and NFL seasons in full swing. Analysts look at app rankings, promotional activity and visit the company’s Boston headquarters to get a feel of what’s happening now...
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DraftKings Bull Sees Sports Betting Winner: '$35B Opportunity'
Monday, September 18, 2023 - 12:05pm | 728Sports betting company DraftKings Inc (NASDAQ: DKNG) looks like a winner through the lens of promotional activity, app ranking and week two NFL results, according to a bullish analyst. The DraftKings Analyst: Needham analyst Bernie McTernan had a Buy rating on DraftKings with a...
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Jets Vs. Bills Kicks Off Monday Night Football: How To Watch, Sports Betting Promo Offers And A New Quarterback
Monday, September 11, 2023 - 2:52pm | 1245The first week of the 2023 National Football League season is here and two of the teams expected to make the playoffs are playing against each other to kick off Monday Night Football. Here’s a look at the betting odds, betting promotions and what you need to know ahead of the Buffalo...
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DraftKings Hits Touchdown With NFL Week 1, Intercepted By Deion Sanders, Colorado
Monday, September 11, 2023 - 11:38am | 957Sportsbook operator DraftKings Inc (NASDAQ: DKNG) reported quarterly financial results in August, shortly before the kick-off of the NCAA Football and NFL football seasons. An analyst sizes up the early reaction to the start of college football and the first weekend of NFL games and what it could...
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Fanatics Launches Sports Betting In 4 States: What It Means For The Sector
Wednesday, August 16, 2023 - 3:47pm | 664Leading sports company Fanatics has launched its Fanatics Sportsbook platform in four states, a move the follows the company being valued at $31 billion in December 2022. What Happened: Fanatics announced the launch of the Fanatics Sportsbook in the states of Maryland, Massachusetts, Ohio and...
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5 Analysts On DraftKings Q2 Results: 'Operational Excellence,' 'Widening Its Competitive Gap,' Momentum To Continue
Friday, August 4, 2023 - 11:51am | 635Shares of sports betting and iGaming operator DraftKings Inc (NASDAQ: DKNG) are trading higher after the company reported second quarter financial results Thursday after market close. Here’s a look at what analysts are saying after the report. The DraftKings Analysts: Roth MKM analyst Edward...
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IPO Market Sees Sluggish Recovery From 2022's 'Absolute Radio Silence:' Panera, Instacart, Stripe Among Companies Waiting In The Wings
Friday, July 28, 2023 - 7:43am | 1123As the stock market came back up strongly in the first half of 2023, the market for initial public offerings saw a rebound from an anemic showing in 2022. Activity Picks Up Pace. The U.S. IPO market saw 58 offerings so far this year, up 31.8%, and total proceeds jumped 125.5% to $9.8 billion, data...