Tag: DraftKings
Wall Street Bets: Penn Entertainment, igaming, Boyd, sports betting
Penn Entertainment outlook J.P. Morgan analyst Joseph Greff looked at prospects for Penn Entertainment in a January 23 statement: “We are... more
M&A important strategy for DraftKings in 2025, analyst says
Mergers and acquisitions are expected to be a key strategy for DraftKings, which is coming off a tough 2024 in terms of Wall Street... more
Bettors win, DraftKings loses in fourth quarter, J.P. Morgan analyst says
In a January 2 investor note, J.P. Morgan analyst Joseph Greff recalibrated his fourth-quarter estimates for DraftKings’s performance. The... more
New Jersey fines firms $40K for sports betting violations
ATLANTIC CITY, N.J. (AP) — New Jersey gambling regulators have handed out $40,000 in fines to two sportsbooks and a tech company for... more
New Hampshire’s October sports betting handle up 1.9 percent year-over-year
The New Hampshire sports betting handle increased by 1.9 percent year-on-year in October, reaching $79.3 million. The sports betting handle... more
Wall Street: Analysts take on DraftKings 3Q, DoubleDown Interactive growth, Missouri OSB, Red Rock
DraftKings 3Q results “DraftKings had a strong Q3 as its core business continues to grow nicely,” wrote Truist Securities analyst Barry... more
BetMGM rebounds despite NFL adversity
According to a November 11 report by Jefferies Equity Research analyst James Wheatcroft, BetMGM had a halcyon month of sports-betting... more
DraftKings 3Q24 revenue increase sets the table for possible expansion
After reporting third-quarter results that are considered positive – a 39% increase in revenue to $1.095 billion – DraftKings’ CEO Jason... more
DraftKings third-quarter revenue increases 39%
DraftKings Thursday reported revenue of $1.095 billion, an increase of $306 million or 39% year over year for the third quarter of 2024. A... more
DraftKings enhances loyalty program Dynasty Rewards
DraftKings recently launched its enhanced Dynasty Rewards. A loyalty program available across all product verticals for DraftKings and... more




