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Earnings news remained a key mover in Tuesday's midday action. Hasbro (NASDAQ:HAS) rallied on its quarterly results. Meanwhile, disappointing financial figures inspired declines in Polaris (NYSE:PII) and Commvault Systems (NASDAQ:CVLT). In other news, DraftKings (NASDAQ:DKNG) got a boost afte...
Rush Street Interactive (NYSE:RSI) rose 3.7% and FuboTV (NYSE:FUBO) popped slightly after an Oppenheimer analyst said they are the most likely takeover targets in the betting industry. The Oppenheimer comments come after Draftkings (NASDAQ:DKNG) earlier dropped its $22.6B ...
DraftKings (NASDAQ:DKNG) pops after the company confirms that it will not make a firm offer for Entain Plc. (OTCPK:GMVHF) DKNG statement: "After several discussions with Entain leadership, DraftKings has decided that it will not make a firm offer for Entain at this time. Based...
Sports betting continues to pick up momentum as more states look to bring in revenue to meet budget demands. Online sports betting and online gaming officially launched yesterday in Connecticut for DraftKings (NASDAQ:DKNG), Flutter Entertainment's (OTCPK:PDYPY) Fanduel and Rush Street Interac...
DraftKings (DKNG +0.5%) says it will continue to talk with Entain (OTCPK:GMVHF) after the "put up or shut up" deadline for a potential acquisition was extended until November 16. Meanwhile, there are more sports betting numbers in for the U.S. market. DraftKings (NASDAQ:DKNG) ranks second in ...
NFL sports betting action is just as strong as anticipated with 330M geolocation transactions tracked across 18 states and the District of Columbia for the first four weeks of the season, according to geolocation specialist GeoComply. The geolocation tracking service is used to confirm t...
DraftKings stock has slid 15% in seven sessions since news broke of a $22 billion bid for the UK's Entain. From one perspective, the sell-off seems illogical, as the UK market suggests there's little chance of the takeover actually occurring. But from another, the deal suggests a ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips DraftKings (NASDAQ: DKNG ) is making headlines with some major sports betting news on Tuesday. Source: Tada Images / Shutterstock.com The firm has made plenty of moves since the beginning of 2020 to boost the ...
Word of a major play in the gambling space stirred things up in Tuesday's midday trading. Shares of DraftKings (NASDAQ:DKNG) slipped after the company reportedly made a bid for U.K.-based Entain (OTCPK:GMVHF). RBC Bearings (NASDAQ:ROLL) was another intraday loser, weighed down by an offering ...
U.S. sports betting revenue is up 435% year-over-year to $2.12B through July with more states open for land and mobile action, according to the latest update from Eilers & Krejcik Gaming. The state accounting for the biggest share is New Jersey with $423M through the end of July. The firm...
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(Roberto Cortese/Unsplash) This week on Wall Street, investors will be anxiously awaiting the Fed Reserve’s meeting next week where the first increase in interest ra...