-
Las Vegas Sands Is Running Late To The Online Sports Betting Party
Tuesday, January 12, 2021 - 5:30pm | 490Read More...The largest casino company in the United States is the only major U.S.-based player to not have a developed sports betting plan, but that could soon be changing. What Happened: Under new leadership, Las Vegas Sands Corp (NYSE: LVS) has held discussions with potential partners for a sports betting...
-
Why IG Acquisition Could Be Attractive SPAC In Gaming Space
Thursday, December 10, 2020 - 5:37pm | 479Read More...The ZingerNation Power Hour took a look at some sports betting stocks and SPACs with special guest Dan Cahill. What Happened: Cahill joined show hosts Jason Raznick and Luke Jacobi to share his thoughts on names like GAN Limited (NASDAQ: GAN), Lancadia Holdings II (NASDAQ: LCA), dMY Technology...
-
For The First Time Since 1917, Michigan And Ohio State Won't Play Rival Football Game
Tuesday, December 8, 2020 - 2:59pm | 592Read More...One of the storied college football rivalries will see a streak of more than 100 years come to an end in 2020 due to the COVID-19 pandemic. What Happened: The University of Michigan has canceled its scheduled football game with Ohio State University. The cancellation comes after Michigan shut...
-
Flutter Buys Larger FanDuel Stake, Takes DraftKings Head On In US
Thursday, December 3, 2020 - 4:44pm | 664Read More...Flutter Entertainment (Pink: PDYPY) is making a big bet on the growth of the U.S. sports betting market. What Happened: On Thursday, Flutter announced it's increasing its ownership in FanDuel from 57.8% to 95%. The purchase by Flutter comes from Fastball Holdings, which will now own 7% of...
-
7 Stocks To Watch Ahead Of Michigan Online Sports Betting Legislation
Tuesday, December 1, 2020 - 9:39am | 902Read More...The Michigan Joint Committee on Administrative Rules is set to bless new regulations Tuesday, which could include online sports betting in the state. What To Know: One year after the state of Michigan legalized sports betting, the state has not allowed online sports betting or iGaming. Until last...
-
Sports Betting ETF Co-Founder Talks SPACs, Undervalued Foreign Exchange Plays
Friday, November 27, 2020 - 8:40am | 949Read More...Roundhill Investments CEO and co-founder Will Hershey joined the Benzinga YouTube show "SPACs Attack" to discuss several sports betting special purpose acquisition companies and some lesser-known sports betting pure plays that trade on foreign exchanges. Hershey On Sports Betting...
-
The Rush Street Interactive SPAC: An Underrated Sports Betting Play?
Thursday, November 19, 2020 - 2:03pm | 570Read More...Rush Street Interactive, which is coming to the public markets via a special purpose acquisition company, could be the next great online sports betting and gaming stock for investors. The SPAC Deal: Rush Street Interactive owns the BetRivers and SugarHouse brands, which operate in several states...
-
10 Stocks To Watch After Sports Betting Is Legalized In Louisiana, Maryland, South Dakota
Wednesday, November 4, 2020 - 12:15pm | 960Read More...The 2020 election saw proposals for sports betting pass in the three state ballots it was on. Louisiana, Maryland and South Dakota represent 4% of the U.S. adult population and will allow sports betting as early as 2021. Here is a look at the companies that could benefit from the three...
-
DraftKings, FanDuel, BetMGM Launch Tennessee Sports Betting Sunday
Saturday, October 31, 2020 - 8:31am | 466Read More...Tennessee is set to launch online sports betting on Nov. 1, becoming the only state without brick-and-mortar casinos to legalize online gambling. What Happened: Four companies have been approved to launch online sports betting with conditional licenses, according to PlayTenn. The companies are...
-
The 2 Stocks Spiking On FanDuel Partnerships, Major Radio Advertising Commitment
Thursday, October 29, 2020 - 2:50pm | 432Read More...FanDuel announced a partnership Thursday with sports radio company Entercom, as well as a new deal with Twin River Worldwide Holding for a retail sportsbook. What Happened: FanDuel, owned by Flutter Entertainment (OTC: PDYPY), announced a deal to become the official sportsbook of Entercom...
-
Sports Betting Launching Soon In 3 States, On The November Ballot In 3 More
Thursday, October 22, 2020 - 4:09pm | 781Read More...Further sports betting legalization and launches in additional states represents a major catalyst for a sector that has posted solid returns in 2020. The Next States To Launch: BofA Securities analyst Shaun Kelley shared takeaways in a note from a conversation with Chris Grove and...
-
Barstool Sportsbook Pennsylvania Launch Powers State To Record In September
Friday, October 16, 2020 - 3:15pm | 376Read More...The state of Pennsylvania set a new monthly record for sports betting handle, powered by the launch of a new popular brand in September. What Happened: Pennsylvania saw $463 million in sports betting handle in September. This beat the record of $365 set a month prior. Online sports betting made up...
-
New Jersey Sets Monthly State Sports Betting Record With $748.6M
Thursday, October 15, 2020 - 4:35pm | 630Read More...The state of New Jersey set a new monthly record for all states with $748.6 million in September sports betting wagers. September Record: The total is up 68% year over year and passes the $668 million total from August, which was a monthly record at the time. Through the first nine months of the...
-
Gan Launches Online Sports Betting Simulation For Casino Client
Monday, October 12, 2020 - 11:32am | 279Read More...Gan Limited (NASDAQ: GAN) announced the launch of a new simulated internet sports betting website Monday. What Happened: Gan Limited launched PlayJack.com in partnership with an “existing major midwestern regional retail casino operator.” The website will allow users to practice...
-
Sports Betting Apps Have Low Awareness Despite Large Advertising Spend: Survey
Tuesday, October 6, 2020 - 2:25pm | 681Read More...A survey from Civic Science shows low brand awareness for sports betting apps despite national advertising campaigns. What Happened: The survey from Civic Science shows that sports betting apps from FanDuel, DraftKings Inc (NASDAQ: DKNG) and Penn National Gaming’s (NASDAQ: PENN) Barstool...
