iGaming

On "SPACs Attack," the latest SPAC mergers, rumors and headline news is broken down Monday through Friday. To coincide with the 2021 March Madness Tournament, "SPACs Attack" held a March SPACness Tournament featuring a bracket of 64 companies that have completed the SPAC process...

One of the leading online sports betting companies is continuing to add to its list of sports league deals with an announcement Monday. What Happened: DraftKings Inc (NASDAQ: DKNG) and World Wrestling Entertainment Inc (NYSE: WWE) entered into an agreement to make the sports betting company...

Michigan is a "No. 1 seed for online growth" in sports betting and iGaming, BofA Securities analyst Shaun Kelley said Monday.  After a strong 10-day launch in January, online sports betting and iGaming in Michigan showed no signs of slowing down, the analyst said in an update on...

Michigan was expected to be one of the largest states for sports betting in the country after launching in 2021, and the figures from the first full month of online sports betting support the early predictions. Michigan Sports Betting, One Month In: The figures from the first full month of...

There is a growing number of companies competing in the online sports betting and iGaming market. BetMGM is one of the top players and could be making a move to grow its market share going forward. What Happened: Buffalo Wild Wings announced a partnership with BetMGM on Thursday. The BetMGM app...

Draftkings Inc (NASDAQ: DKNG) held an investor day on March 9 to discuss the company’s total addressable market and a look into the future. Analysts shared their reactions to the presentation. The DraftKings Analysts: Bank of America analyst Shaun C. Kelley reiterates a Neutral rating ...

Ark Funds hosted an investor webinar on Tuesday, and the asset manager's take on the growth of online sports betting was among the topics covered. Ark On DraftKings: One stock that was recently added to the Ark Funds ETFs is DraftKings Inc (NASDAQ: DKNG). “There’s significant supply...

Rumors circulated Monday that Draftkings Inc (NASDAQ: DKNG) had set its sights to acquire Score Media and Gaming Inc (NASDAQ: SCR). What Happened: Less than one week after being listed on Nasdaq, Score Media is the subject of takeover rumors, which sent shares up in after-...

Score Media and Gaming Inc (NASDAQ: SCR) was quick to close its initial public offering in the U.S. after making its debut on Nasdaq this past Thursday. What Happened: On Monday, Score Media announced 6,900,000 Class A shares were sold at a price of $27 per share, for total of $186.3...

Sports betting and iGaming company DraftKings reported fourth-quarter and full fiscal year earnings before the market open Friday. What Happened: DraftKings Inc's (NASDAQ: DKNG) fourth-quarter revenue totaled $322 million, representing a 146% year-over-year increase and beating the...

With a new Wall Street listing, Score Media and Gaming Inc (NASDAQ: SCR) has come a long way since its inception 17 years ago. What Happened: On Thursday, Score Media debuted on the Nasdaq, a big step for this once small Toronto-based company founded by John Levy’s family...

One of the most recognizable names in sports and sports betting could launch in New York if the state legalizes sports betting thanks to a new partnership. Penn National Lands New York Access: Penn National Gaming (NASDAQ: PENN) and Rush Street Interactive (NYSE: RSI) signed a partnership Monday in...

Bank of America held a discussion with some experts in the sports betting industry to discuss some potential upcoming catalysts. Sports Betting in Texas: Team owners like Jerry Jones (Dallas Cowboys), Mark Cuban (Dallas Mavericks) and Tilman Fertitta (Houston Rockets) are all backing sports betting...

Ahead of the rollout of Barstool Sportsbook in Michigan, this casino gaming stock just got a new bullish initiation. The Penn National Analyst: Credit Suisse analyst Benjamin Chaiken initiates Penn National Gaming (NASDAQ: PENN) with an Outperform rating and $128 price target. The Penn...

Pure play sports betting company DraftKings Inc (NASDAQ: DKNG) gets an upgrade on Wednesday based on the total addressable market size rising with additional states launching and legalizing sports betting and iGaming. The DraftKings Analyst: Morgan Stanley's Thomas Allen upgraded DraftKings...