Location: +United States
OPINION: Abandoned DraftKings surcharge takes its place among all-time bad ideas
Well, that was quick. On Thursday, Aug. 1, DraftKings announced that, effective Jan. 1, 2025, it would be charging customers a tax on all... more
Sportradar hints at acquisition on earnings call
Sportradar is evaluating potential acquisitions as the sports betting data and analytics market seems destined to consolidate into two... more
Wall Street reacts to DraftKings’s retreat from winning-bet surcharges
Shares of DraftKings rebounded on Wall Street on Wednesday morning, spiking as high as $33.50 per share in early trading. The recovery... more
PENN scores deal with social gaming tech provider Sparket
Sparket is continuing to gain traction in the gaming industry behind a deal with one of the largest companies in the business. The... more
DoubleDown Interactive reports $88.2 million in second-quarter revenue
DoubleDown Interactive has reported $88.2 million in revenue in the second quarter, up around 17 percent compared to second quarter 2023,... more
U.S. casino traffic moves modestly upward in July, Jefferies analyst says
Foot traffic at U.S. casinos rose 2.4 percent in July, according to Jefferies Equity Research analyst David Katz. It lagged July 2019... more
FanDuel rules out imposing winning-bet surcharge, leading DraftKings to drop its plans
Top executives of FanDuel parent Flutter Entertainment spoke mostly in generalities during Tuesday’s second-quarter earnings call. But they... more
FanDuel parent Flutter Entertainment’s profits soar in Q2
Shares of FanDuel parent Flutter Entertainment rose — and those of rival DraftKings fell — on news of a profitable second quarter of 2024.... more
Analyst takes cautious view of Everi, AGS
Truist Securities analyst Barry Jonas maintained Hold ratings on AGS and Everi Holdings following the release of their second-quarter... more
OPINION: DraftKings is taking a big gamble by adding fees in high-tax states such as Illinois
Taxing a winning sports wager? I had never even pondered such a scenario much less believed it could occur at a U.S. sportsbook. However,... more


