sports gambling

PENN Entertainment Inc (NASDAQ:PENN) has struggled since 2021 as some analysts have increasingly preferred competitors such as Draft Kings Inc (NASDAQ:DKNG) in the race to acquire new customers. However, one analyst remains optimistic that PENN’s partnership with ESPN can spur growth...

The newly minted Roundhill Sports Betting & iGaming ETF (NYSE: BETZ) is already making some adjustments to its roster due to what the issuer deemed “extraordinary demand” for some securities. What Happened: BETZ debuted on June 4 as the first exchange-traded fund dedicated to...

Online gambling company DraftKings Inc (NASDAQ: DKNG) is the first pure-play online gambling company in the U.S. with the scale necessary to conquer the growing market, according to Susquehanna Financial Group. The DraftKings Analyst Joseph Stauff initiated coverage of DraftKings with a...

The U.S. Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA), which made it illegal for states outside of Nevada to offer sports wagering. Not surprisingly, the news sparked casino stocks higher. The VanEck Vectors Gaming ETF (NYSE: BJK), the only exchange traded...

Las Vegas Sands Corp. (NYSE: LVS) shares jumped 1.5 percent Thursday after the Washington Post reported President Trump will be having dinner with Sands CEO Sheldon Adelson. Adelson was a major contributor to Trump’s campaign. Adelson and his wife donated a total of at least $21.2 million to...