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Sports Betting Company Flutter Gets Buy Rating During NFL Playoffs: 'Core Multi-Year Holding'
Friday, January 17, 2025 - 1:29pm | 438A Sports betting and iGaming analyst sees several catalysts for Flutter Entertainment (NYSE:FLUT) that include the growing number of legalized states and size of the sports betting market. The Flutter Entertainment Analyst: Stifel analyst Jeffrey Stantial initiated coverage on Flutter...
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DraftKings Q4 Earnings Highlights: Revenue Miss, EPS Beat, Jackpocket Digital Lottery Acquisition, Guidance Increase And More
Thursday, February 15, 2024 - 5:54pm | 766Sports betting company DraftKings Inc (NASDAQ:DKNG) reported fourth-quarter financial results after market close Thursday. Here are the key highlights. What Happened: DraftKings reported fourth-quarter revenue of $1.23 billion, which was up 44% year-over-year. The revenue total missed a Street...
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Penn Entertainment Q4 Earnings Highlights: Revenue Miss, EPS Miss, ESPN Bet's Impact
Thursday, February 15, 2024 - 11:31am | 929Casino 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...
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The Barstool Effect: Penn National Rebrands With Larger Focus On Media, Non-Casino Business
Thursday, August 4, 2022 - 10:22am | 675Casino, sports betting and media company Penn National Gaming (NASDAQ: PENN) announced second quarter financial results before the market opened Thursday. The Wyomissing, Pennsylvania-based company also announced a new name to better align with its future growth, following acquisitions of theScore...
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Could DraftKings Beat MGM To Acquiring BetMGM Joint Venture? What Investors Should Know
Tuesday, September 21, 2021 - 6:17pm | 738The sports betting market continues to see new players emerge as casino and sports-related companies look to take advantage of the growing market. With the increased number of players, it becomes likely consolidation will happen. It has already started in 2021 and looks ready to heat up,...
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Penn National Gaming Launches In-House Gaming Studio With 2 Acquisitions: What Investors Should Know
Monday, May 3, 2021 - 12:13pm | 429Penn National Gaming, Inc. (NASDAQ: PENN), a leading physical and online casino and sports betting company, announced Monday that it was expanding its offerings. What Happened: The company is launching Penn Game Studios, which will create exclusive iCasino content for its customers with...
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Barstool Sportsbook Has Been A Big Success And Dave Portnoy 'Couldn't Be Happier'
Tuesday, November 24, 2020 - 12:03pm | 876Jason Raznick, founder and CEO of Benzinga, the largest news and data provider to global brokerages and news outlets, on his show the Raz Report discusses entrepreneurship, financial markets and overcoming challenges to success. In this week's episode, Raznick sat down with...