Tag: DraftKings
Wall Street Bets: Analysts take on Golden Entertainment, Penn results, DraftKings surcharge
Golden Entertainment prospects B Riley Securities analyst David Bain commented on Golden Entertainment, writing that “Following a... more
Investors largely frown on a DraftKings surcharge
Sixty percent of investors surveyed by Jefferies Equity Research disapprove of DraftKings’s newly announced (but not yet implemented)... more
Wall Street Bets: Analysts take on DraftKings surcharge, AGS price target, Macau
DraftKings surcharge DraftKings’ announcement it was going to charge a surcharge on certain wagers attracted the attention of Wall Street.... more
DraftKings gambles that bettors won’t mind surcharge
DraftKings is wagering that bettors won’t mind sharing its tax burden. During Friday’s 2Q24 earnings call, DraftKings CEO and Co-founder... more
DraftKings to repurchase stock after quarterly increase in revenue
DraftKings Thursday reported revenue of $1.104 billion in 2Q24, an increase of $230 million, or 26%, compared to $875 million year over... more
Illinois taxes on DraftKings outweigh Jackpocket boost, analyst says
Citing “myriad issues” impacting Wall Street estimates, Jefferies Equity Research analyst David Katz took what he said was an unusual step.... more
Musburger Media purchases VSiN back from DraftKings
Musburger Media Monday announced it has purchased VSiN, The Sports Betting Network from DraftKings Inc. Original VSiN founders Brian... more
Atlantic City: Resorts Casino launches new games at its DraftKings Sportsbook
Resorts Casino Hotel in Atlantic City is adding about 20 slot machines and more than half a dozen electronic table games to its DraftKings... more
Investors focus on FanDuel and DraftKings among igaming, sports betting operators, analysts say
FanDuel and DraftKings are the top stocks investors are asking about as they survey the sports betting and igaming landscape, according to... more
New Jersey fines DraftKings $100K for reporting inaccurate sports betting data to the state
ATLANTIC CITY, N.J. (AP) — In one of the most sternly worded rebukes they have ever issued, New Jersey gambling regulators have fined... more




