ESPN Bet

Scottie Scheffler has taken the golf world by storm in recent years and enters the 2025 US Open as the heavy betting favorite. The golfer shared a unique story about his Venmo account ahead of the tournament. What Happened: Scheffler has made bettors plenty of money in recent years with his top...

PENN Entertainment (NASDAQ:PENN) received a Wall Street upgrade Friday on a positive outlook for both its casino and sports betting segments. The PENN Analyst: JPMorgan analyst Joseph Greff upgraded shares of Penn from Neutral to Overweight and raised the price target from $19 to $27. Read Also:...

PENN Entertainment (NASDAQ:PENN) analysts highlight the ESPN Bet and Interactive segment as items to watch after the company missed third-quarter estimates for revenue and earnings per share. The PENN Analysts: Needham analyst Bernie McTernan reiterated a Buy rating on Penn Entertainment with a...

Sportsbooks operators such as DraftKings Inc (NASDAQ:DKNG) could stand to benefit with the 2024 National Football season underway and another week of favorable outcomes for sportsbooks in the second week of games. The DraftKings Analyst: Needham analyst Bernie McTernan reiterated a Buy rating and $...

Sports betting operator DraftKings Inc (NASDAQ:DKNG) looks strong compared to competitors for promotional activity, market share and more ahead of the 2024 NFL season. The DraftKings Analyst: Needham analyst Bernie McTernan reiterated a Buy rating and $60 price target on DraftKings. The Analyst...

Penn Entertainment Inc (NASDAQ:PENN) beat earnings consensus estimates in its second quarter. However, analysts are still divided on whether the company can compete with competitors. The Penn Analysts: The following analysts published PENN notes on Thursday. Benchmark analyst Mike Hickey issued a...

Less than a month after a report that Boyd Gaming (NYSE:BYD) was considering a buyout of casino and sports betting operator Penn Entertainment (NASDAQ:PENN), a new bidder has emerged. What Happened: FanDuel’s parent company, Flutter Entertainment (NYSE:FLUT), is considering teaming up with...

Shares of PENN Entertainment (NASDAQ:PENN) traded higher on Thursday with a report linking the company to an acquisition that could change the casino sector. What Happened: Penn Entertainment has been approached by Boyd Gaming (NYSE:BYD) according to a new report from Reuters. The report comes as...

Goldman Sachs analyst Ben Andrews is out with a new report on the state of the sports betting sector. March online sports betting data points to the industry being softer, Andrews wrote, citing 7% year-over-year growth compared to 17% year-over-year growth in February. The key leaders in the...

PENN Entertainment (NASDAQ:PENN) shares traded higher on Tuesday after the company announced a groundbreaking multiyear sports betting partnership between ESPN Bet and the PGA of America. ESPN Bet, developed by PENN Entertainment, will be designated as the “Official Sports Betting Sponsor...

Casino and sports betting company PENN Entertainment (NASDAQ:PENN) reported first-quarter financial results that came in lower than analysts' estimates. Here's what analysts are saying after the report. Needham analyst Bernie McTernan has a Buy rating and lowers the price target from $32 to $26....

Analysts upgraded sports betting and casino operator PENN Entertainment (NASDAQ:PENN) based on the valuation of sportsbook ESPN Bet. The PENN Analyst: Truist analyst Barry Jonas upgrades Penn Entertainment from Hold to Buy and has a price target of $23. The Analyst Takeaways: Penn Entertainment...

The 2024 NFL Draft is coming to Detroit this week and there are numerous events lined up for sports fans around the city. Here's a look at some of the top events surrounding the Detroit-hosted Draft. NFL Draft: The 2024 NFL Draft takes place Thursday, April 25 through Saturday, April 27. The first...

Casino and sports betting company PENN Entertainment Inc (NASDAQ:PENN) reported fourth-quarter financial results before market open Thursday. Here's a look at what analysts are saying after the report and the future growth of ESPN Bet. The Penn Analysts: Macquarie analyst Chad Beynon had an...

Casino and sports betting company PENN Entertainment (NASDAQ:PENN) reported fourth-quarter financial results Thursday before the market open. Here are the key highlights, including the early impact of ESPN Bet. What Happened: Penn reported fourth-quarter revenue of $1.4 billion, which missed a...