Tag: DraftKings

09/20/23 12:01 PM

NFL kickoff fuels New York sports betting

  • David McKee, CDC Gaming
Online sports wagering in New York state exploded during the inaugural week of National Football League games. The amount won by operators... more
09/11/23 4:03 PM

DraftKings apologizes for sports betting offer referencing 9/11 terror attacks

  • Wayne Parry, Associated Press
ATLANTIC CITY, N.J. (AP) — Sports betting company DraftKings apologized Monday after using the Sept. 11, 2001, terror attacks to entice... more
08/21/23 1:21 PM

Pennsylvania: Golden Nugget Online Gaming app launches in Keystone State

  • Rege Behe, CDC Gaming
Golden Nugget Online Gaming announced Monday that it has launched its igaming casino in Pennsylvania. The Golden Nugget Online Gaming... more
08/07/23 2:40 PM

Wall Street Bets: Analysts take on DraftKings, Bally’s, and AGS second quarter results

  • Rege Behe, CDC Gaming
DraftKings’ second quarter report drew widespread analysis from Wall Street analysts. Barry Jonas of Truist Securities August 4 wrote that... more
08/06/23 5:34 PM

DraftKings shares surge on positive cash flow, spiking revenue in second quarter

  • Matthew Crowley, CDC Gaming
DraftKings shares spiked Friday after the sports-betting giant reported a slimmer loss, surging revenue, and positive adjusted cash flow... more
07/18/23 11:55 AM

Wall Street Bets: Analysts take on first half of 2023, Gambling.com, DraftKings, MGM Macau

  • Rege Behe, CDC Gaming
Truist Securities analyst Barry Jonas, in a July 18 statement, wrote that gaming industry fundamentals through the first half of 2023... more
07/06/23 3:51 PM

Higher holds boost DraftKings price targets

  • David McKee, CDC Gaming
A more tight-fisted approach with players is paying off for DraftKings. In an investor note released last night, Deutsche Bank analyst... more
06/16/23 4:00 PM

DraftKings makes bid for PointsBet for $195 million

  • Rege Behe, CDC Gaming
DraftKings Friday announced it has delivered a letter to the non-executive chairman and CEO of PointsBet setting forth an indicative offer... more
06/13/23 9:40 PM

Canadian Gaming Summit: Educating players early in their journey is leadership’s key to responsible gambling

  • Mark Keast, CDC Gaming
The Canadian Gaming Summit kicked off Tuesday with the Player Protection Symposium. The core panel discussions occur Wednesday and... more
05/07/23 1:56 PM

DraftKings shares surge on better-than-expected first-quarter results

  • Matthew Crowley, CDC Gaming
Sports-betting giant DraftKings’ shares surged 15% Friday in the aftermath of better-than-forecast first-quarter results. In addition,... more