Tag: DraftKings

07/21/24 6:20 PM

Atlantic City: Resorts Casino launches new games at its DraftKings Sportsbook

  • Mia Doyle, Special to CDC Gaming
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
07/08/24 7:42 PM

Investors focus on FanDuel and DraftKings among igaming, sports betting operators, analysts say

  • Buck Wargo, CDC Gaming
FanDuel and DraftKings are the top stocks investors are asking about as they survey the sports betting and igaming landscape, according to... more
07/08/24 3:44 PM

New Jersey fines DraftKings $100K for reporting inaccurate sports betting data to the state

  • Wayne Parry, Associated Press
ATLANTIC CITY, N.J. (AP) — In one of the most sternly worded rebukes they have ever issued, New Jersey gambling regulators have fined... more
07/08/24 2:32 PM

Wall Street Bets: Analysts take on FanDuel/DraftKings, REIT stocks, LV Strip room rates

  • Rege Behe, CDC Gaming
DraftKings, Flutter/FanDuel According to Jefferies analyst David Katz in a July 7 note, the dynamics surrounding Flutter/FanDuel and... more
06/26/24 1:35 PM

Analyst: DraftKings’s momentum “stunted”

  • David McKee, CDC Gaming
Voicing a contrarian viewpoint of popular OSB provider DraftKings, Deutsche Bank analyst Carlo Santarelli yesterday pronounced the... more
06/20/24 1:07 PM

Analyst: New customers alter DraftKings’s prospects

  • David McKee, CDC Gaming
Spurred by an influx of new players to DraftKings, J.P. Morgan analyst Joseph Greff has raised his quarterly revenue projection for the... more
06/13/24 4:04 PM

States bet on boosting taxes for online sports betting companies like DraftKings, FanDuel

  • Damian J. Troise, Associated Press
NEW YORK (AP) — States are looking to increase their take from the $16 billion online sports gambling industry as it expands across the... more
06/10/24 1:50 PM

Wall Street Bets: Analysts take on Penn Entertainment, online sports betting

  • Rege Behe, CDC Gaming
The fortunes of Penn Entertainment and online sports betting were noted by Wall Street analysts last week. Penn Entertainment Jefferies... more
06/04/24 4:34 PM

Analyst expects DraftKings stock to soar

  • David McKee, CDC Gaming
Jefferies Equity Research analyst David Katz met with executives of DraftKings on Monday and found them “bullish,” despite last week’s tax... more
05/28/24 8:14 PM

Illinois tax boost takes immediate toll on DraftKings shares

  • David McKee, CDC Gaming
According to J.P. Morgan analyst Joseph Greff, shares of DraftKings declined 11 percent in early trading Tuesday. He attributed the falloff... more