iGaming

Sports betting company DraftKings Inc (NASDAQ:DKNG) reported fourth-quarter financial results after market close Thursday. Analysts size up the earnings result and future of the company. BMO Capital analyst Brian J. Pitz has an Outperform rating and raises the price target from $43 to $51. Stifel...

Sports betting company DraftKings Inc (NASDAQ:DKNG) reported fourth-quarter financial results after market close Thursday. Here are the key highlights. What Happened: DraftKings reported fourth-quarter revenue of $1.23 billion, which was up 44% year-over-year. The revenue total missed a Street...

Sports betting company DraftKings Inc (NASDAQ:DKNG) reported third quarter financial results after market close Thursday. Key Highlights: DraftKings reported third quarter revenue of $790 million, which was up 57% year-over-year. The revenue beat a Street consensus estimate of $685.21 million...

With a United Auto Workers strike already throwing the Big Three Detroit automakers into disarray, Detroit is facing a second potential strike from another sector that represents a major revenue stream for the Motor City. Detroit Casino Workers Authorize Strike: Workers at the three...

Sports betting company DraftKings Inc (NASDAQ: DKNG) continues to get strong ratings from analysts with the NCAA Football and NFL seasons in full swing. Analysts look at app rankings, promotional activity and visit the company’s Boston headquarters to get a feel of what’s happening now...

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 $874.93 million, which was up 88% year-over-year. The revenue beat a...

Online sports betting and iGaming company DraftKings Inc (NASDAQ: DKNG) will report second quarter financial results after market close Thursday. Here’s a look at the estimates and what analysts are saying ahead of the report. Earnings Estimates: Analysts expect DraftKings to report second...

A leading sports betting company revealed its acquisition plans on Friday morning. Although, the target company already has an existing purchase offer from a competing firm. What Happened: Sports betting and iGaming company DraftKings Inc (NASDAQ: DKNG) announced on Friday its intent to...

In one of the strongest regulatory smackdowns in Web3 to date, U.S. Securities & Exchanges Commission (SEC) Chair Gary Gensler accused two of the biggest exchanges, Binance (CRYPTO: BNB) and Coinbase Global Inc (NASDAQ: COIN), of violating securities rules and engaging in deceptive...

A leading fantasy sports and sports betting company has been honored with the “Heavy Hitter” award from Benzinga, in the first ever Titans Sports Betting conference. What’s A Heavy Hitter? The Heavy Hitter award is reserved for companies who’ve demonstrated material...

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...

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 $770 million, which was up 84% year-over-year. The revenue total beat a Street estimate...

Sports betting company DraftKings Inc (NASDAQ: DKNG) reported fourth-quarter financial results after the market close Thursday. Here are the key highlights. What Happened: DraftKings reported fourth-quarter revenue of $855 million, up 81% year-over-year. The revenue total comes in ahead of a Street...

Sports betting and iGaming stocks could be in focus ahead of the National Football League (NFL). One analyst is upgrading a leader in the space and raising the price targets on three stocks. The DraftKings Analyst: Roth Capital analyst Edward Engel upgrades shares of DraftKings Inc. (NASDAQ: DKNG)...

Sports betting and online casino company DraftKings Inc (NASDAQ: DKNG) reported second-quarter financial results before the market open Friday. Here are the key highlights for investors. What Happened: DraftKings reported second-quarter revenue of $466 million, up 57% year-over-year. The revenue...