online gambling

DraftKings (NASDAQ: DKNG) shares are set up for an upswing in prices driven by execution, results, and the analyst. The company has been working relentlessly to expand into newly legalized territories, enhance offerings in maturing states and control costs. The results of those efforts are nearing...

Draftkings, Inc (NASDAQ: DKNG) hit near to the 52-week low of $13.06 again on Friday but began to bounce up from the level at 10 a.m. when the S&P 500 began to make a reversal from its low-of-day price. DraftKings’ reaction to the level, when paired with similar price action on...

Earnings season has been extremely volatile for some of the top U.S. gaming stocks. Bank of America analyst Shaun Kelley recapped what investors need to know about the top U.S. casino, online sports betting and iGaming stocks. Margin Pressures: Penn National Gaming, Inc (NASDAQ: PENN) took the...

Draftkings Inc. (NASDAQ: DKNG) shares are trading lower Thursday, likely in sympathy with Penn National Gaming, Inc (NASDAQ: PENN) as the stock reported its third-quarter earnings results. DraftKings announced Thursday an expanded multiyear relationship with the National Basketball Association...

Bank of America just reported its latest U.S. online sports betting (OSB) app download numbers for the month of September, and the data suggests MGM Resorts International (NYSE: MGM) and Caesars Entertainment Inc (NYSE: CZR) are making big strides in gaining market share in the high-growth business...

What Happened: KingTiger Casino, an online crypto gambling platform backed by blockchain gaming company FunFair, has been forced to temporarily halt its operations. According to an update on the KingTiger website, the platform has temporarily closed its casinos due to congestion on the Ethereum (...

Draftkings Inc. (NASDAQ: DKNG) shares are trading higher Monday after the company reported it has a deal to acquire Golden Nugget Online Gaming Inc. (NASDAQ: GNOG) for $1.56 billion in stock. Each Golden Nugget shareholder will receive a ratio of 0.365 shares of DraftKings stock for their shares of...

Penn National Gaming, Inc (NASDAQ: PENN) announced a $2 billion buyout of Score Media and Gaming Inc (NASDAQ: SCR) on Thursday, and Bank of America analyst Shaun Kelley said there are plenty of reasons for Penn investors to love the deal. On Friday, Kelley said Penn’s acquisition of theScore...

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...

MGM Resorts International (NYSE: MGM) offered to acquire its BetMGM partner, Entain Plc (OTC: GMVHY), for consideration of £8.09 billion (roughly $11.06 billion), according to a Wall Street Journal publication. Entain has rejected the offer arguing that it...

Barstool Sports founder Dave Portnoy hyped the launch of The Barstool Sportsbook app late Friday via Twitter. The betting app, an offshoot of the Barstool media brand, ranked number one among sports apps after its debut. See below: #1 sports app #BarstoolSportsbook $penn GOODNIGHT pic....

Casino stocks have had a rough year in 2020 due to coronavirus (COVID-19) shutdowns. However, some long-term gambling bulls believe business will get back to normal for gamblers as soon as casinos reopen. Two of the most popular regional U.S. casino operators are Boyd Gaming Corporation (NYSE: BYD...

Stars Group Inc (NASDAQ: TSG) shares are down 54.4% in the past year, but a series of unusually large options trades Wednesday morning suggests at least one trader thinks the bottom may be near. The Trades On Wednesday morning at around 9:02 a.m., Benzinga Pro subscribers were alerted to a purchase...

Las Vegas Sands Corp. (NYSE: LVS) shares jumped 1.5 percent Thursday after the Washington Post reported President Trump will be having dinner with Sands CEO Sheldon Adelson. Adelson was a major contributor to Trump’s campaign. Adelson and his wife donated a total of at least $21.2 million to...