Tag: DraftKings
Wall Street Bets: Analysts take on DraftKings, Bally’s, and AGS second quarter results
DraftKings’ second quarter report drew widespread analysis from Wall Street analysts. Barry Jonas of Truist Securities August 4 wrote that... more
DraftKings shares surge on positive cash flow, spiking revenue in second quarter
DraftKings shares spiked Friday after the sports-betting giant reported a slimmer loss, surging revenue, and positive adjusted cash flow... more
Wall Street Bets: Analysts take on first half of 2023, Gambling.com, DraftKings, MGM Macau
Truist Securities analyst Barry Jonas, in a July 18 statement, wrote that gaming industry fundamentals through the first half of 2023... more
Higher holds boost DraftKings price targets
A more tight-fisted approach with players is paying off for DraftKings. In an investor note released last night, Deutsche Bank analyst... more
DraftKings makes bid for PointsBet for $195 million
DraftKings Friday announced it has delivered a letter to the non-executive chairman and CEO of PointsBet setting forth an indicative offer... more
Canadian Gaming Summit: Educating players early in their journey is leadership’s key to responsible gambling
The Canadian Gaming Summit kicked off Tuesday with the Player Protection Symposium. The core panel discussions occur Wednesday and... more
DraftKings shares surge on better-than-expected first-quarter results
Sports-betting giant DraftKings’ shares surged 15% Friday in the aftermath of better-than-forecast first-quarter results. In addition,... more
DraftKings igaming player hits $1.97 million jackpot
One of DraftKings’ online-casino players in New Jersey hit DraftKings’ largest progressive jackpot to date – $1.97 million – while... more
Analyst guardedly positive on DraftKings
A longtime skeptic of online-gaming valuations and of DraftKings in particular, Deutsche Bank senior analyst Carlo Santarelli saw light at... more
DraftKings stock surges after execs promise efficiency
When DraftKings officials said “efficient” during Friday’s fourth-quarter earnings call, investors must have heard “excellent.” After the... more
