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Despite strong Q3 performance, Disney is ripe for a top-to-bottom look at in the mirror now pushed by activist Dan Loeb. ESPN's major blunder in bypassing sports betting from 2018's court decision is part of why Loeb wants to see it spun off. Loeb's alert letter makes great sense,...
Flutter Entertainment plc (PDYPY) Q2 2022 Results Conference Call August 12, 2022 04:30 AM ET Company Participants Peter Jackson - CEO Jonathan Hill - CFO Conference Call Participants Michael Mitchell - Davy Ed Young - Morgan Stanley James Rowland...
Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due t...
A high tide lifts all boats as the entire top tier of sports betting platforms move guidance higher. Too many DKNG fans conveniently forget that the company still operates in a crazy, crowded field of 14 competitors overspending on marketing. DKNG belongs in a consumer discretiona...
Flutter Entertainment press release ( OTCPK:PDYPY ): 1H Non-GAAP EPS of 97.20p. Revenue of £3.39B (+11.1% Y/Y). Adjusted EBITDA of £476m (Reported EBITDA of £434m), in line with expectations. We anticipate full year EBITDA to be in line with market expec...
FuboTV stock ( NYSE: FUBO ) rose 12.5% higher Thursday in its latest double-digit move, as chatter increases about its next steps in sports betting. Traders Thursday are pointing at an article in betting news site SportsHandle, which takes a look at the company's sportsb...
Major earnings expected before the bell on Friday include: Broadridge Financial Solutions ( BR ) China Automotive Systems ( CAAS ) Karora Resources ( OTCQX:KRRGF ) Flutter Entertainment ( OTCPK:PDYPY ) Spectrum Brands Holdings ( SPB ) For furt...
A positive development in the sports betting sector has investors juiced after the Massachusetts legislature passed a bill to authorize retail and online sports wagering on professional and collegiate sports. The House and Senate had been going back and forth on the issue of college...
New York sports betting market its six-month anniversary with some investors questioning if all the new competitors will make it amid the high tax rate in the state and more pressure on consumers with discretionary spending. Just this month, Bally's Corporation ( NYSE: BALY ...
Fanatics (FANA) is reported to be in talks to buy sports betting company Tipico. Malta-based Tipico has online betting licenses in New Jersey and Colorado, as well as being a leading sports betting provider in Germany. Fanatics (FANA) has been active in adding businesses, buying sports m...
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