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DraftKings A Winner In Sports Betting Sector, Analysts Expect Momentum To Continue
Monday, September 25, 2023 - 1:17pm | 754Sports betting company DraftKings Inc (NASDAQ: DKNG) continues to get strong ratings from analysts with the NCAA Football and NFL seasons in full swing. Analysts look at app rankings, promotional activity and visit the company’s Boston headquarters to get a feel of what’s happening now...
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DraftKings Q2 Earnings Highlights: Revenue Beat, EPS Beat, EBITDA Profitability, Guidance Lift And More
Thursday, August 3, 2023 - 4:59pm | 577Sports betting and iGaming company DraftKings Inc (NASDAQ: DKNG) reported second-quarter financial results after the market close Thursday. Here are the key highlights. What Happened: DraftKings reported second-quarter revenue of $874.93 million, which was up 88% year-over-year. The revenue beat a...
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DraftKings Q2 Earnings Preview: Earnings Estimates, What Analysts Are Saying Ahead Of Report
Thursday, August 3, 2023 - 9:19am | 828Online sports betting and iGaming company DraftKings Inc (NASDAQ: DKNG) will report second quarter financial results after market close Thursday. Here’s a look at the estimates and what analysts are saying ahead of the report. Earnings Estimates: Analysts expect DraftKings to report second...
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DraftKings Proposes Superior Offer Over Fanatics To Acquire PointsBet US: What Investors Should Know
Friday, June 16, 2023 - 10:07am | 531A leading sports betting company revealed its acquisition plans on Friday morning. Although, the target company already has an existing purchase offer from a competing firm. What Happened: Sports betting and iGaming company DraftKings Inc (NASDAQ: DKNG) announced on Friday its intent to...
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EXCLUSIVE: Kevin O'Leary On Binance, Coinbase And The State Of Crypto: 'The Gensler Spatula Is Scraping The Crap Out Of The Crypto Market'
Wednesday, June 7, 2023 - 6:38pm | 1076In one of the strongest regulatory smackdowns in Web3 to date, U.S. Securities & Exchanges Commission (SEC) Chair Gary Gensler accused two of the biggest exchanges, Binance (CRYPTO: BNB) and Coinbase Global Inc (NASDAQ: COIN), of violating securities rules and engaging in deceptive...
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Benzinga Names DraftKings A 'Heavy Hitter' Award Recipient At Inaugural Titans Sports Betting Event
Wednesday, May 24, 2023 - 1:57pm | 299A leading fantasy sports and sports betting company has been honored with the “Heavy Hitter” award from Benzinga, in the first ever Titans Sports Betting conference. What’s A Heavy Hitter? The Heavy Hitter award is reserved for companies who’ve demonstrated material...
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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...
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DraftKings Q1 Earnings Highlights: Revenue And EPS Beat, Guidance Raised And More
Thursday, May 4, 2023 - 5:01pm | 591Sports betting company DraftKings Inc (NASDAQ: DKNG) reported first quarter financial results after market close Thursday. Here are the key highlights. What Happened: DraftKings reported first-quarter revenue of $770 million, which was up 84% year-over-year. The revenue total beat a Street estimate...
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DraftKings Q4 Earnings Highlights: Revenue Beat, Guidance Raise, More States Legalize Sports Betting And More
Thursday, February 16, 2023 - 5:48pm | 580Sports betting company DraftKings Inc (NASDAQ: DKNG) reported fourth-quarter financial results after the market close Thursday. Here are the key highlights. What Happened: DraftKings reported fourth-quarter revenue of $855 million, up 81% year-over-year. The revenue total comes in ahead of a Street...
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Why This DraftKings Analyst Sees 'Tactical Opportunity' In Sports Betting Ahead Of NFL Season
Wednesday, August 17, 2022 - 12:06pm | 416Sports betting and iGaming stocks could be in focus ahead of the National Football League (NFL). One analyst is upgrading a leader in the space and raising the price targets on three stocks. The DraftKings Analyst: Roth Capital analyst Edward Engel upgrades shares of DraftKings Inc. (NASDAQ: DKNG)...
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DraftKings Q2 Earnings Highlights: Revenue Beat, Company Raises Guidance, Optimistic On More State Sports Betting Launches
Friday, August 5, 2022 - 9:08am | 549Sports betting and online casino company DraftKings Inc (NASDAQ: DKNG) reported second-quarter financial results before the market open Friday. Here are the key highlights for investors. What Happened: DraftKings reported second-quarter revenue of $466 million, up 57% year-over-year. The revenue...
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DraftKings Q1 Earnings Highlights: Revenue Beat, Raised Guidance, New NFTs And More
Friday, May 6, 2022 - 9:17am | 605Sports betting and online gaming company DraftKings Inc (NASDAQ: DKNG) reported first-quarter financial results Friday before the market open. Here are the key highlights and why shares are trading higher. What Happened: DraftKings reported first-quarter revenue of $417 million, up 34% year-over-...
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This Startup May Be The Future Of Online Gambling And Retail Investors Can Get A Piece Of The Action
Tuesday, February 22, 2022 - 5:19pm | 582XR Casino is a Metaverse-ready technology startup that has designed a solution to help casinos and sports betting companies compete in the prospering online gambling sector. The Company XR Casino is one of the first technology startups to specialize in cross-technology Extended Reality (XR) gaming...
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What's Driving The Sell-Off In Online Gaming Stocks?
Monday, December 6, 2021 - 12:38pm | 583Shares of online gambling stocks have tanked in the past two months, and Bank of America analyst Shaun Kelley recently took a closer look at the group to try to determine what has gone wrong in the digital gambling market. MGM Resorts International (NYSE: MGM), Draftkings Inc (NYSE: DKNG) and...
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From Penn National To MGM Resorts, Casino Analyst Highlights Winners And Losers From Q3
Monday, November 8, 2021 - 2:30pm | 613Earnings season has been extremely volatile for some of the top U.S. gaming stocks. Bank of America analyst Shaun Kelley recapped what investors need to know about the top U.S. casino, online sports betting and iGaming stocks. Margin Pressures: Penn National Gaming, Inc (NASDAQ: PENN) took the...