-
EXCLUSIVE: Jake Paul Says Sports Betting Firms Made Mistakes As 'Pioneers' - And Betr Is 'Coming In As The Buccaneers'
Monday, May 22, 2023 - 12:58pm | 654Betr co-founders Jake Paul and Joey Levy discussed how their company has learned from the competition to create a better product and use their money wisely to attract customers and control their technology. What Happened: Paul and Levy launched Betr with the goal of simplifying the process of live...
-
Déjà Vu As Lakers Meet Nuggets: The Sports Betting Odds For Lakers To Win
Wednesday, May 17, 2023 - 4:52pm | 670As the NBA playoffs heat up, the Los Angeles Lakers and the Denver Nuggets find themselves in a familiar position. It’s a throwback to the conference finals of 2020 in Orlando’s NBA bubble when the two teams fought tooth and nail over five games. In the end, the Lakers took the series...
-
Wagering On The Greens: PGA Championship's Top Contenders And Surprising Long Shots
Wednesday, May 17, 2023 - 3:26pm | 516The best golfers in the world will tee off Thursday at Oak Hill Country Club in Rochester, New York for the PGA Championship, one of golf’s most coveted trophies and one of the four majors of the year. Both PGA and LIV golfers will compete in the tournament. Scottie Scheffler is the favorite...
-
DraftKings Sees Price Upgrade From Analyst On 'Path To Positive EBITDA,' Penn's Price Adjustment Down Over Regionals Concern
Tuesday, May 16, 2023 - 3:43pm | 737Sports betting company DraftKings Inc (NASDAQ: DKNG) recently reported first-quarter financial results. Now, an analyst is sizing up the earnings report from DraftKings and other operators in the sports betting space. The Analyst Ratings: Morgan Stanley analyst Stephen Grambling has an...
-
Jake Paul And Joe Levy's Betr Sports Betting Company Acquires Chameleon, Continues Push For Direct-To-Consumer Platform
Monday, May 15, 2023 - 6:42pm | 753Microbetting 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...
-
Las Vegas Room Rates Up 30% Since 2019: Should Investors Roll The Dice On Casino Stocks?
Monday, May 15, 2023 - 1:56pm | 626Gaming stocks have performed well in 2023 as Las Vegas travel trends have normalized and Macau gaming has surged following the lifting of China's COVID-19 restrictions. Casino fundamentals remain positive heading into the summer travel season, according to Bank of America analyst Shaun Kelley....
-
Fanatics Pushes Deeper Into Sports Betting Sector With PointsBet US Acquisition: Here Are The Details
Monday, May 15, 2023 - 12:04pm | 651One of the leading sports companies is making a bigger bet on future growth from the sports betting sector with an acquisition announced over the weekend. What Happened: Sports apparel company Fanatics is acquiring the U.S. division of sports betting operator PointsBet for $150 million. The deal...
-
A $200 Bet That Pays Out $300K Hangs On The Warriors Beating The Lakers: A Look At The Insane Parlay
Friday, May 12, 2023 - 3:58pm | 897A key NBA Playoffs matchup is seeing huge television ratings and could have a huge payout for one bettor. Here’s a look at the parlay that needs one more leg to hit for a huge payday. What Happened: The 2023 NBA Playoffs feature the Los Angeles Lakers versus the Golden State Warriors in the...
-
2023 NFL Schedule: Betting Odds For Wins By Team, Which Teams Could Have Biggest Rebound From 2022
Friday, May 12, 2023 - 2:53pm | 1050The 2023 NFL schedule was released on Thursday night and has bettors looking at how the games play out when examining how many wins each team could get. Here’s a look at the betting odds for wins for each team and which oned are expected to post the best turnaround from 2022. What Happened:...
-
NFL Schedule Is Here: Week 1 Betting Odds And Television Schedule, Top Storylines
Friday, May 12, 2023 - 11:55am | 1096The National Football League is one of the most popular sports in the world and its regular season games, playoff games, the Super Bowl and NFL Draft have turned into some of the most watched events of the year. The release of the NFL schedule on Thursday has thrust a sport that is still four...
-
EXCLUSIVE: Sportradar CEO Says The Company Has Proven It Is Growing — And How In-Game Betting, AI, Fan Engagement Can Help Its Future
Wednesday, May 10, 2023 - 3:41pm | 690As the sports betting market continues to grow with new states and territories legalizing it and more users partaking, further data from sports leagues is required, which could benefit a company such as Sportradar Group AG (NASDAQ: SRAD). What Happened: Sportradar, which went public in...
-
Why The Kentucky Derby Favorite Could Be A Winning Strategy Saturday
Friday, May 5, 2023 - 12:28pm | 791Being a “punter” at the ponies over the last five decades, my natural instinct is to find the most undervalued longshot and go with it. Unfortunately, my longshot last year was not Rich Strike, and with the convoluted outcomes of the Kentucky Derby over the last four years, the chalk...
-
DraftKings Q1 Beat Driven By High Customer Retention, Market Share Gains; Analysts Optimistic On Growth
Friday, May 5, 2023 - 11:04am | 770Sports betting company DraftKings Inc (NASDAQ: DKNG) reported first-quarter financial results after market close Thursday. The company also raised its full-year revenue and EBITDA guidance. Here's what analysts are saying after the report and guidance increase. The DraftKings Analysts: Bank of...
-
LeBron James Vs. Steph Curry: Lakers Vs. Warriors NBA Playoffs Betting Odds, How To Watch And Who Holds The Head-To-Head Advantage
Tuesday, May 2, 2023 - 1:43pm | 1498Two of the greatest players currently in the National Basketball Association face off in the second round of the NBA Playoffs. Here’s a look at how Los Angeles Lakers' LeBron James and Golden State Warriors' Steph Curry have performed against each other in past playoff matchups,...
-
DraftKings Pushes Diversification Efforts With Streaming Video Service: What Investors Should Know
Thursday, April 27, 2023 - 1:06pm | 681Sports betting giant DraftKings Inc (NASDAQ: DKNG) has grown from a leading daily fantasy sports operator to a sports betting leader over the years and has also looked to diversify itself in the sports sector. Here’s a look at its new efforts. What Happened: The Boston-based company announced...