iGaming

Sports betting company DraftKings Inc (NASDAQ:DKNG) reported first-quarter financial results after market close Thursday. Here are the key highlights. What Happened: DraftKings reported first-quarter revenue of $1.41 billion, up 20% year-over-year. The revenue total missed a Street consensus...

A Sports betting and iGaming analyst sees several catalysts for Flutter Entertainment (NYSE:FLUT) that include the growing number of legalized states and size of the sports betting market. The Flutter Entertainment Analyst: Stifel analyst Jeffrey Stantial initiated coverage on Flutter...

PENN Entertainment (NASDAQ:PENN) analysts highlight the ESPN Bet and Interactive segment as items to watch after the company missed third-quarter estimates for revenue and earnings per share. The PENN Analysts: Needham analyst Bernie McTernan reiterated a Buy rating on Penn Entertainment with a...

Sports betting and iGaming company DraftKings Inc (NASDAQ:DKNG) reported third-quarter financial results after market close Thursday. Here are the key highlights. What Happened: DraftKings reported third-quarter revenue of $1.095 billion, up 39% year-over-year. The revenue total missed a Street...

Sports gaming and media company Betr Holdings announces a license acquisition Thursday morning that will help with vertical integration for the sports betting sector. What Happened: Betr Holdings, which was valued at $375 million in a funding round in March, has acquired a license to Huddle Tech's...

A decision by DraftKings Inc (NASDAQ:DKNG) to place a winning bet surcharge in high-tax states was met with backlash and shares fell further Monday night after rival Flutter Entertainment (NYSE:FLUT) announced it would not be enacting the same charge. Analysts examine Flutter's Q2 earnings and a...

Sports betting and iGaming company DraftKings Inc (NASDAQ:DKNG) reported second-quarter financial results after the market close Thursday. Here are the key highlights. What Happened: DraftKings reported second-quarter revenue of $1.10 billion, up 26% year-over-year. The revenue total missed a...

Sportsbook and internet gaming company DraftKings Inc (NASDAQ:DKNG) reported first-quarter financial results after the market close Thursday. Here are the key highlights. What Happened: DraftKings reported first-quarter revenue of $1.18 billion, up 53% year-over-year. The revenue total beat a...

DraftKings Inc (NASDAQ:DKNG) has a new bull on Wall Street that’s taken notice of the growing total addressable market size of the sports betting sector. The DraftKings Analyst: Goldman Sachs analyst Ben Miller initiated coverage on DraftKings with a Buy rating with a $60 price target. The...

A new analyst has initiated coverage on DraftKings Inc (NASDAQ:DKNG), one of the leading companies in the sports betting sector. Here's a look at what the analyst said would help the company with growth and why another analyst raised the price target on DraftKings. Mizuho on DraftKings: With...

A leading sports gaming and sports media company founded by Jake Paul and Joey Levy announcing a new round of equity financing that will help the company achieve its goals of growth. What Happened: Founded in 2022 by Levy and Paul, Betr has launched an online sports betting platform, daily fantasy...

Sports betting company DraftKings Inc (NASDAQ:DKNG) reported fourth-quarter financial results after market close Thursday. Analysts size up the earnings result and future of the company. BMO Capital analyst Brian J. Pitz has an Outperform rating and raises the price target from $43 to $51. Stifel...

Sports betting company DraftKings Inc (NASDAQ:DKNG) reported fourth-quarter financial results after market close Thursday. Here are the key highlights. What Happened: DraftKings reported fourth-quarter revenue of $1.23 billion, which was up 44% year-over-year. The revenue total missed a Street...

Sports betting company DraftKings Inc (NASDAQ:DKNG) reported third quarter financial results after market close Thursday. Key Highlights: DraftKings reported third quarter revenue of $790 million, which was up 57% year-over-year. The revenue beat a Street consensus estimate of $685.21 million...

With a United Auto Workers strike already throwing the Big Three Detroit automakers into disarray, Detroit is facing a second potential strike from another sector that represents a major revenue stream for the Motor City. Detroit Casino Workers Authorize Strike: Workers at the three...