online casino

Sports betting and iGaming stocks could be in focus ahead of the National Football League (NFL). One analyst is upgrading a leader in the space and raising the price targets on three stocks. The DraftKings Analyst: Roth Capital analyst Edward Engel upgrades shares of DraftKings Inc. (NASDAQ: DKNG)...

Sports betting and online casino company DraftKings Inc (NASDAQ: DKNG) reported second-quarter financial results before the market open Friday. Here are the key highlights for investors. What Happened: DraftKings reported second-quarter revenue of $466 million, up 57% year-over-year. The revenue...

A new peer-to-peer system for betting in the esports industry is among the growth items for gaming technology company Golden Matrix Group (NASDAQ: GMGI). CEO Brian Goodman shared more on the company’s profitability and growth strategy during Benzinga’s Esports Listmaker series. Esports...

A leading casino and sports betting company could have a catalyst coming with the launch of an app to wager on horse racing for its existing and future customers. What Happened: Caesars Sportsbook, which is owned by Caesars Entertainment Inc (NASDAQ: CZR) announced Caesars Racebook in...

September was a big month in the world of sports betting: a record was set in New Jersey for betting handle and an operator in Michigan became the first to reach the $100 million handle milestone. An analyst took a look at how the top states are doing in sports betting and how the big three...

The state of New Jersey set a new sports betting record in the month of September with $1.01 billion placed in wagers. The record came with the return of the NFL and College Football games. What Happened: New Jersey is the first state to hit the $1 billion mark, according to PlayNJ. Legalized in...

The state of Michigan stayed hot in September and continued its trend of being one of the largest online sports betting markets in the country. What Happened: The state's online sports betting handle hit $354.3 million in September, according to PlayMichigan. The total was up 84.2% from...

Casino stocks traded down on Tuesday with concerns over how China will regulate casinos in the Macau region. The relationship between casino traffic during and after the COVID-19 pandemic and international relations are having an impact on share prices of stocks. This leads to an important topic...

Six months after launching online sports betting, the Michigan market had wagers of $1.69 billion in July, making it one of the top states in the country. Here is a look at the top names for online sports betting and online casino in the state of Michigan. What Happened: Data for the month of July...

Consolidation in the sports betting industry could be coming with investors digesting the acquisition of Score Media and Gaming Inc (NASDAQ: SCR) by Penn National Gaming, Inc (NASDAQ: PENN). The highly competitive sports betting market and push to acquire customers and market share could...

Last week featured eight announced SPAC deals. The week also had earnings from several well-known former SPACs. Here is a look back at the week that was SPACs for deals and headline news, all covered on Benzinga’s “SPACs Attack.” SPAC Deals Quantum encryption company Arqit Limited...

On Saturday, May 1, the 147th Kentucky Derby will be held, airing live on NBC Sports, owned by Comcast Corporation (NASDAQ: CMCSA). Unlike last year’s Kentucky Derby, there will be fans in the stands and infield this year. Could the 2021 Kentucky Derby provide a lift to Churchill Downs Inc (...

Super Group Holding Co, owner of Betway and Spin, is going public with a SPAC deal to bring the global online sports betting and casino company public. The SPAC Deal: Super Group Holding Co is going public with Sports Entertainment Acquisition Corp (NYSE: SEAH). Betway is an online sports betting...

One of the leading companies in the online sports betting and iGaming segment hosted a presentation Wednesday to show where the company stands and is going in the future. What Happened: BetMGM, a joint venture of MGM Resorts International (NYSE: MGM) and Entain ADR (OTC: GMVHY), shared it...