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DraftKings is diluting shareholders to buy GNOG. Conversely, Bally's is offering to enrich shareholders. Two casino stocks with divergent paths. Short DKNG, Long BALY. For further details see: The DraftKings Bally's Dichotomy
Golden Nugget Online Gaming Inc. (NASDAQ:GNOG) traded today at a new 52-week high of $26.50. So far today approximately 46.9 million shares have been exchanged, as compared to an average 30-day volume of 870,000 shares. Potential upside of 11.8% exists for Golden Nugget Online Gaming Inc...
SAN DIEGO, April 06, 2022 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announces that a lawsuit was filed by investors of Golden Nugget Online Gaming, Inc. (NASDAQ: GNOG) in connection with the proposed takeover Golden Nugget Online Gaming, Inc. by DraftKings Inc. Investors, wh...
DraftKings (NASDAQ:DKNG +8.8%) jumped in Monday trading after announcing that it struck a deal with the Mashantucket Pequot Tribal Nation to expand an existing relationship to Puerto Rico, The deal between Draftkings (DKNG) and the Foxwoods owner will see a DraftKings retail sportsbook locate...
Gainers: Qurate Retail (QRTEA) +19%. lululemon athletica (LULU) +7%. Cue Health (HLTH) +7%. Spero Therapeutics (SPRO) +6%. Applied Molecular Transport (AMTI) +6%. Losers: Stronghold Digital Mining (SDIG) -26%. Braze (BRZE) -11%. Global-E Online ...
DraftKings stock continues to attract downgrades from the Street after its FQ4 card. But DraftKings also communicated its near-term adjusted EBITDA guidance for the first time. We believe that CEO Jason Robins & Team sees a viable path towards long-term profitability. We d...
Stocks suffered another day of losses on Friday, adding a modest retreat to the previous day's substantial decline. Geopolitical tension and general worries about the direction of the market in the face of looming rate hikes kept investors on the sideline. The selling affected online gambling...
DraftKings (NASDAQ:DKNG) opened with a 14.39% drop after the sports betting company's below-consensus EBITDA guidance overshadowed a Q4 revenue beat. Bloomberg Intelligence analyst Brian Egger noted that the DKNG guidance for a 2022 EBITDA loss that is $300M to $400M deeper than consensus und...
The Super Bowl on Sunday is forecast to see a record 31.4M Americans betting a combined total of $7.6B, according to an estimate from the American Gaming Association. The betting handle is 78% higher than last year's tally with sports betting up and running this year in Arizona, Connecticut, ...
There is a stunning forecast in from PlayUSA on the volume of sports betting that could be seen with this year's Super Bowl game. The firm forecasted that the Super Bowl sports betting handle could top one billion in wagers to roughly double last year's tally. Betting on the game between the ...
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From building a social community to a video content platform, DraftKings (NASDAQ: DKNG) is looking long-term with many projects in the works. In this clip from "IPO & SPAC Show" on Motley Fool Live , recorded on April 11 , Motley Fool contributor Jose Najarro discusses t...