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Benzinga Names Penn Entertainment A 'Heavy Hitter' Award Recipient At Inaugural Titans Sports Betting Event
Wednesday, May 24, 2023 - 5:22pm | 278A leading fantasy sports and sports betting company has been honored with the "Heavy Hitter" award from Benzinga at the first Titans Sports Betting conference. What's A Heavy Hitter?: The Heavy Hitter Award is reserved for companies who've demonstrated material market share gains, competitive...
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Is Barstool Sportsbook PENN's Ace In The Hole, Or A Risky Bet?
Wednesday, May 17, 2023 - 12:06pm | 637Needham & Co is hosting its Annual Needham Technology & Media (TMT) Conference this week and shared their thoughts with investors on PENN Entertainment Inc's (NASDAQ:PENN) Barstool Sportsbook, and where they expect the stock to go from current levels. The event featured a fireside chat with...
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Think Last Second Shots Don't Matter In Basketball? The Cost Is Millions Of Dollars For Bettors And Sportsbooks
Monday, March 20, 2023 - 6:34pm | 1065More states have legalized sports betting in recent years, leading to an increased number of people who could bet on games in the 2023 NCAA Men’s Basketball National Tournament. Some may have found out quickly that bad beats and backdoor covers can crush bets. What Happened: The 2023 NCAA Men...
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17% Returns? Analyst Says Buying This Sports Betting Stock Is A Gamble To Consider
Tuesday, December 6, 2022 - 11:44am | 500Last year, revenue from U.S. casinos and gambling mobile applications reached a record $53 billion, the biggest ever recorded, up 21% over the previous yearly record set in 2019, shortly before the pandemic forced many of the industry's landing sports to close for months. If last year's $53...
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If You Invested $1,000 In PENN Entertainment At Its Covid-19 Pandemic Low, You'd Have This Much Now
Wednesday, November 23, 2022 - 5:08pm | 760Investors who bought stocks during the Covid-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks performed better than others since the pandemic bottom. Penn's Bumpy Ride: One company that has been a top...
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Dave Portnoy Says This Is 'Everything That's Wrong With This Country'
Thursday, October 27, 2022 - 3:56pm | 511Dave Portnoy called out people who are still supporting Kanye West on Tuesday, saying that people supporting him along political lines is “everything” that’s wrong with the United States. Portnoy posted his comments on Twitter Inc (NYSE: TWTR), which is poised to be bought out...
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Single-Stock ETFs Would Let Bears Bet Against AMC, Tilray And Other Meme Stocks: What Investors Should Know
Tuesday, August 30, 2022 - 10:26am | 680Investors can soon short all their favorite meme stocks with the immunity offered by an exchange-traded fund. What Happened: Rex Shares is planning to add 10 new series of inverse single stock ETFs, mostly meme stocks, Form N1-A filed by funds’ advisor Tidal ETF Trust II late Monday showed....
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The White House And Dave Portnoy Clap Back At Members Of Congress Criticizing Biden's Student Loan Plan
Friday, August 26, 2022 - 4:13pm | 1005A plan from President Joe Biden to cut student loan debt has divided the country with some feeling happy and others mad. Among those speaking out against the plan are members of Congress, who feel Biden is being unfair. The official Twitter Inc (NYSE: TWTR) account of The White House clapped...
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Dave Portnoy: My Net Worth Is Tied To One Stock, Other Stuff Is 'All Fun And Games'
Friday, August 19, 2022 - 12:19pm | 634Two days after PENN Entertainment Inc. (NASDAQ: PENN) announced a full buyout of Barstool Sports, Barstool founder and CEO Dave Portnoy appeared on Fox Business to discuss the buyout and his take on meme stock trading. Portnoy On Penn: On Friday, Portnoy said the first thing he plans to do with the...
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Mark Zuckerberg's Latest NFT Play: Will It Be A Hit, Or A Swing And A Miss?
Friday, August 5, 2022 - 11:54am | 892The CEO and co-founder of one of the largest social media companies is turning one of his childhood memories into a non-fungible token (NFT). Here’s the item featuring Mark Zuckerberg, which will be turned into an NFT and how it relates to his company Meta Platforms (NASDAQ: META). What...
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Jim Cramer Warns Young Investors About 'Joke Cryptos' And The 'Invest By Anger' Method
Friday, July 22, 2022 - 10:38am | 667CNBC host and television personality Jim Cramer took to Twitter Inc. (NYSE: TWTR) to take on cryptocurrency investors and young investors with a warning over “anger investing.” What Happened: Cramer has been known to share his opinions on stocks and the market via Twitter. Over the...
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Why Jim Cramer Is Lashing Out At Dave Portnoy: 'Stonk People Have Overstayed Their Welcome'
Tuesday, July 19, 2022 - 12:01pm | 460CNBC host and television personality Jim Cramer is known for being opinionated and for his hot takes on the markets and individual stocks. On Tuesday, Cramer took on new retail investors who may have entered the market thanks to a person known for sports and not stocks. What Happened: In...
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The US Is 'Going Backwards In Time': Here's What Dave Portnoy Said In His Roe V. Wade Reaction Rant
Sunday, June 26, 2022 - 4:51pm | 697Outspoken sports personality Dave Portnoy took to Twitter to share his take on Roe v. Wade being overturned by the Supreme Court. Here’s what he had to say. What Happened: Dave Portnoy, who is the founder of Barstool Sports, held an emergency press conference on Twitter Inc (NYSE: TWTR)...
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NFL Star JJ Watt Trolls DraftKings Over Stock Price, How The Internet Responded
Thursday, June 16, 2022 - 10:49am | 752Sports betting company DraftKings Inc. (NASDAQ: DKNG) seemingly drew the ire of National Football League defensive end JJ Watt when it unwisely tagged the Arizona Cardinals star in a tweet. What Happened: Watt shared a photo from the Cardinals preseason minicamp on his Twitter (NYSE: TWTR)...
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'You Are A Coward:' Dave Portnoy Calls Out Henry Blodget On Twitter Space
Friday, May 13, 2022 - 1:59am | 510Dave Portnoy is known for his fiery personality on social media; if he is in an online feud, do not expect him to back down. Thursday evening, in between periods of the Boston Bruins playoff game, Portnoy joined a New York Times Co (NYSE: NYT) Space on Twitter Inc's (NYSE: TWTR) ...