ESPN Bet

A leading casino and sports betting company acquired a mobile sports license for New York, giving it access to one of the key markets. What Happened: On Tuesday, PENN Entertainment (NASDAQ:PENN) purchased a New York mobile sports wagering license from Wynn Interactive, a unit of Wynn Resorts (...

A rumored partnership between sports media company Barstool Sports and sports betting company DraftKings Inc (NASDAQ:DKNG) was confirmed Sunday after the conclusion of Super Bowl LVIII. Here are the details. What Happened: A recent report suggested that Barstool Sports is renewing its media...

The sports betting sector could see competition increase with the expansion of Fanatics and the launch of ESPN Bet. One analyst highlights the strength in the financials of DraftKings Inc (NASDAQ:DKNG) in the highly competitive space. The DraftKings Analyst: Bank of America analyst Shaun C. Kelley...

A leader in the sports betting sector is listing on the New York Stock Exchange (NYSE) Monday in a move that could bring more options to investors looking for exposure to the growing and highly competitive space. What Happened: After being rumored for several years, Flutter Entertainment plc (NYSE:...

One of the most famous voices in sports media could be re-entering the sports betting sector after making an exit last year. Here's a look at the latest on Barstool Sports, the company founded by media personality Dave Portnoy. What Happened: Sports betting and casino company PENN Entertainment (...

A sportsbook launched in Pennsylvania, is adding to the number of states it operates in as it looks to expand operations across the United States. What Happened: Fanatics Sportsbook launched in the state of Pennsylvania Monday, a move that coincides with the acquisition of the PointsBet brand in...

Sports betting operator DraftKings Inc (NASDAQ:DKNG) received an upgrade from Stifel analyst Jeffrey A. Stantial. The move comes amid the NFL playoffs and ahead of Super Bowl LVIII. The DraftKings Analyst: Stantial upgraded shares of the Boston-based company from Hold to Buy. He also raised the...

Two legendary athletes and an actor are teaming up for a sports betting company’s Super Bowl LVIII commercial to air during the big game on Feb. 11. What Happened: Media company Paramount Global Inc (NASDAQ:PARA)(NASDAQ:PARAA) will telecast Super Bowl LVIII on Feb. 11 and has been looking to...

Here's a look at the top stories for the week, top bets cashed and what's next in the world of sports betting. NFL Playoff Race Heats Up: NFL Week 17 is here, with all 32 teams playing and several playoff spots still to be decided. The Cleveland Browns won the Thursday Night Football matchup...

Week 16 of the National Football League season saw two key matchups air on Saturday, Dec. 23 and three games on Monday, Dec. 25, adding to the full lineup of games Sunday and stretching primetime matchups for media companies and sports bettors. One analyst highlights how sportsbooks may have...

Sports betting platform DraftKings Inc (NASDAQ:DKNG) gets continued praise from an analyst, despite competition from ESPN Bet. The DraftKings Analyst: Needham analyst Bernie McTernan has a Buy rating and a price target of $50 on DraftKings. Related Link: DraftKings Q3 Earnings Highlights: Shares...

With the launch of ESPN Bet, Penn Entertainment (NASDAQ:PENN) got a bullish call from a leading sports betting analyst and saw its price target raised after the sportsbook went live. The PENN Analyst: Bank of America analyst Shaun C. Kelley upgrades Penn shares from Neutral to Buy and raises the...

The sports betting sector is constantly full of news on the latest regulations, big bets and major sports that are currently in season. The sports-betting weekly wrap summarizes the biggest events from the past week. For more, see last week's weekly wrap. Here are the latest stories in the world of...

Casino company PENN Entertainment Inc (NASDAQ:PENN) launched the ESPN Bet sports betting platform earlier this week, which comes thanks to a licensing agreement with Walt Disney Co (NYSE:DIS). Here's one analyst's early reaction to the betting platform and what it could mean for Penn stock. The...

Online sports betting company DraftKings Inc (NASDAQ:DKNG) has been a sector leader since it first launched. Its recent quarterly financial results showed strong growth and raised guidance. A highly anticipated sportsbook competitor could be something to watch for DraftKings investors. What...