gambling

David Tepper’s Appaloosa Management navigated dynamic market conditions in the fourth quarter of 2023. Strategic moves by the hedge fund included entering new positions, boosting select tech holdings, reducing exposure to semiconductor stocks and making key exits. Tepper’s decisions...

With a convincing win in the Iowa caucus and potential wins in early deciding states, former President Donald Trump is getting closer to securing the GOP nomination in the 2024 presidential election. While many feel the 2024 Republican presidential race has already been decided, one item that hasn'...

Mark Cuban has been in the spotlight recently following a chain of career decisions that hint at a possible shift in his professional pursuits. The entrepreneur has sold a majority share of his basketball team and announced his departure from a popular reality TV show, leading to increasing...

Las Vegas Sands Corp. (NYSE: LVS) shares were trading lower in Tuesday's after-hours session after the company announced the commencement of a proposed secondary public offering of $2 billion of shares of its common stock by the Selling Stockholders, Miriam Adelson and The Miriam Adelson Trust...

Gambling.com Group’s (NASDAQ: GAMB) stock traded down more than 20% in Thursday’s session after the company released its earnings report before the open. Gambling.com reported revenue of $23.5 million in Q3, up 19% from the same period last year.  The earnings report was better...

A recent report by the American Gaming Association indicates that the casino gambling industry in the U.S. generates nearly $329 billion a year. The economic impact of the industry rose by 26% from 2017.  Overall commercial gaming revenue across the U.S. reached $60.4 billion. Sports...

The Shutdown Isn’t An Issue Issue Lots of interesting news this week where we address these important questions: Is the coming government shutdown a real problem or just theater? Counter-intuitive inflation:  Is there anything the Federal Reserve can do? New home sales plummeting...

Curious about making the transition from a traditional online casino to a crypto casino site? Well, we've put together a list of the best Bitcoin casinos of 2023 to help get you started. Experience the thrill of online gambling like never before with Bitcoin casinos. With so many choices...

The sports betting market was shocked with the announcement that PENN Entertainment Inc (NASDAQ: PENN) entered into a 10-year licensing deal with Walt Disney Co (NYSE: DIS) to launch the ESPN Bet platform later this year. Analysts were mixed with the impact on Penn Entertainment...

According to an excerpt from Billy Walter’s new book "Gambler: Secrets From A Life At Risk," professional golfer Phil Mickelson gambled nearly $1 billion throughout the past 30 years and has likely lost close to $100 million. Walters alleged Mickelson also tried to...

For years, people have bet on the ponies with horse racing an activity that includes betting in person at racetracks and also online thanks to the rise of online sports betting and horse wagering. Fans of cryptocurrency might have a new form of animal betting with the rise of Hamsters (CRYPTO: HAMS...

There’s no denying that the UK and US gambling industries are operating on different wavelengths.  In simple terms, the UK’s industry; its mistakes and its achievements, had served as a benchmark for gambling in America; both a system to look up to and a cautionary tale. ...

The Preakness Stakes is Saturday, and for horse racing fans and bettors, it seems like the thoroughbred industry continues to get more mysterious: the 2019 Kentucky Derby winner, Maximum Security, was disqualified for interference during the race and Medina Spirit, the 2021...

The stock prices of four large-cap U.S. companies have doubled so far this year, marking mind-boggling performances for such a short timeframe and substantially outperforming the broader stock market, according to Benzinga Pro data. While the Invesco QQQ Trust Series 1 (NASDAQ: QQQ) is up 25%...

Microbetting sports betting platform Betr, founded by Jake Paul and Joey Levy, announced a recent acquisition to continue its push in the sector. Here’s a look at the deal and how it could shape the future of Betr. What Happened: Paul and Levy launched Betr with the goal of simplifying the...