iGaming

DraftKings (NASDAQ:DKNG) reported first-quarter (Q1) revenue of $1.646 billion on Thursday, up 17% year over year and ahead of Wall Street estimates of $1.644 billion, according to Benzinga Pro. "We are off to a fantastic start to the year as our first quarter results exceeded our expectations,"...

Sports betting and iGaming giant Flutter Entertainment PLC (NYSE:FLUT) reported first-quarter financial results Wednesday after market close. Here are the key highlights. Flutter Q1 Financials Flutter reported first-quarter revenue of $4.30 billion, up 17% year-over-year. The revenue total beat a...

Sports betting giant DraftKings Inc (NASDAQ:DKNG) reported mixed results for the third quarter on Thursday. An analyst breaks down what the results mean and what's next for the company. • Track the latest developments with DKNG stock here. The DraftKings Analysts: Citizens analyst Jordan...

Sports betting and online gaming company DraftKings Inc (NASDAQ:DKNG) announced second-quarter financial results after market close Wednesday. Here are the highlights. What Happened: DraftKings reported second-quarter revenue of $1.51 billion, up 37% year-over-year. The revenue total beat a Street...

Sports betting company DraftKings Inc (NASDAQ:DKNG) reported first-quarter financial results after market close Thursday. Here are the key highlights. What Happened: DraftKings reported first-quarter revenue of $1.41 billion, up 20% year-over-year. The revenue total missed a Street consensus...

A Sports betting and iGaming analyst sees several catalysts for Flutter Entertainment (NYSE:FLUT) that include the growing number of legalized states and size of the sports betting market. The Flutter Entertainment Analyst: Stifel analyst Jeffrey Stantial initiated coverage on Flutter...

PENN Entertainment (NASDAQ:PENN) analysts highlight the ESPN Bet and Interactive segment as items to watch after the company missed third-quarter estimates for revenue and earnings per share. The PENN Analysts: Needham analyst Bernie McTernan reiterated a Buy rating on Penn Entertainment with a...

Sports betting and iGaming company DraftKings Inc (NASDAQ:DKNG) reported third-quarter financial results after market close Thursday. Here are the key highlights. What Happened: DraftKings reported third-quarter revenue of $1.095 billion, up 39% year-over-year. The revenue total missed a Street...

Sports gaming and media company Betr Holdings announces a license acquisition Thursday morning that will help with vertical integration for the sports betting sector. What Happened: Betr Holdings, which was valued at $375 million in a funding round in March, has acquired a license to Huddle Tech's...

A decision by DraftKings Inc (NASDAQ:DKNG) to place a winning bet surcharge in high-tax states was met with backlash and shares fell further Monday night after rival Flutter Entertainment (NYSE:FLUT) announced it would not be enacting the same charge. Analysts examine Flutter's Q2 earnings and a...

Sports betting and iGaming company DraftKings Inc (NASDAQ:DKNG) reported second-quarter financial results after the market close Thursday. Here are the key highlights. What Happened: DraftKings reported second-quarter revenue of $1.10 billion, up 26% year-over-year. The revenue total missed a...

Sportsbook and internet gaming company DraftKings Inc (NASDAQ:DKNG) reported first-quarter financial results after the market close Thursday. Here are the key highlights. What Happened: DraftKings reported first-quarter revenue of $1.18 billion, up 53% year-over-year. The revenue total beat a...

DraftKings Inc (NASDAQ:DKNG) has a new bull on Wall Street that’s taken notice of the growing total addressable market size of the sports betting sector. The DraftKings Analyst: Goldman Sachs analyst Ben Miller initiated coverage on DraftKings with a Buy rating with a $60 price target. The...

A new analyst has initiated coverage on DraftKings Inc (NASDAQ:DKNG), one of the leading companies in the sports betting sector. Here's a look at what the analyst said would help the company with growth and why another analyst raised the price target on DraftKings. Mizuho on DraftKings: With...

A leading sports gaming and sports media company founded by Jake Paul and Joey Levy announcing a new round of equity financing that will help the company achieve its goals of growth. What Happened: Founded in 2022 by Levy and Paul, Betr has launched an online sports betting platform, daily fantasy...