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DraftKings is one of the leading sports betting apps in the U.S. With still a fraction of its total addressable market unlocked (as measured by states that have legalized sports betting heretofore), there's a long runway ahead for DraftKings. That being said, we have reservations ...
We recommend buying into share price weakness as new states such as Virginia and Michigan continue to ramp. Even though gaming stocks fared poorly in Q1'21, from an underlying fundamentals perspective, revenues continued to impress. Total online gross gaming revenues increased ~30...
One of the best-performing REIT sectors since the start of the pandemic, Casino REITs have proven to be surprisingly resilient despite the intense struggles faced by the broader leisure industry. Sold-Out Vegas: Earnings reports from Casino REITs and operators painted a particularly b...
Start Time: 08:30 End Time: 08:32 DraftKings Inc. (DKNG) Q1 2021 Earnings Conference Call May 07, 2021, 08:30 AM ET Company Participants Jason Robins - Co-Founder, CEO and Chairman Jason Park - CFO Stanton Dodge - Chief Legal Officer Conference Call Participants Stephen Grambling - Goldman Sa...
The following slide deck was published by DraftKings Inc. in conjunction with their 2021 Q1 earnings call. For further details see: DraftKings Inc. 2021 Q1 - Results - Earnings Call Presentation
Global online gaming ('iGaming'), including sports betting, is gaining in popularity. In the USA, sports betting is gaining traction as more states legalize it. The global online gambling market is forecast to be worth US$102.97 billion by 2025, growing at a CAGR of 11.5%. Roundhi...
2020 was the year of the SPAC, with money raised through "blank check" companies outpacing traditional IPOs for the first time. With so many SPACs listing, finding the right ones to invest in them can be an often times confusing and overwhelming process. Sifting the World's Chris ...
Sports betting stocks were top performers last year as both sports betting and stock buying became top lockdown hobbies. BETZ has slowed down recently as many potentially bearish catalysts pressure the broader equity market. While sports betting will likely grow over the coming ye...
2020 was the year of the SPAC, with money raised through "blank check" companies outpacing traditional IPOs for the first time. With so many SPACs listing, finding the right ones to invest in them can be an often-times confusing and overwhelming process. Sifting the World's Chris ...
The word inflation simply means rising prices. Because current usage conflates different conditions of inflation. it can lead to miscalculation and malnvestment. Some market commentators either because of self-serving motives or real concern about inflation conditions years from now a...
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