Sports Betting Stocks

DraftKings Q3 Sports Betting Results Disappoint Analyst: 'No Way To Describe … Other Than Ugly'

DraftKings Q3 Preview: Record NFL Betting Expected, Will Prediction Markets Hurt Results, Guidance?

DraftKings, Flutter Stocks Downgraded On Prediction Market Risk: 'Relentless Headwinds'

DraftKings Q3 Preview: Record NFL Betting Expected, Will Prediction Markets Hurt Results, Guidance?

DraftKings, Flutter Stocks Downgraded On Prediction Market Risk: 'Relentless Headwinds'

MGM Resorts International Q3 Highlights: China Hits Record, Las Vegas Stumbles

DraftKings Vs. Kalshi Vs. Polymarket: Q3 Results, Guidance To Show Who's Leading NFL Betting Market

MGM Resorts International Q3 Highlights: China Hits Record, Las Vegas Stumbles

DraftKings Vs. Kalshi Vs. Polymarket: Q3 Results, Guidance To Show Who's Leading NFL Betting Market

12 Stocks For 2025 NFL Season With $30 Billion Expected To Be Bet, $8 Million Super Bowl LX Ads

Cathie Wood Ditches DraftKings Stock Ahead Of NFL Season, Turns To Prediction Markets: 'Could Reshape The Way'

Sports Betting Stocks Recent News

DraftKings Q2 Earnings Soar—Record Revenue & Net Income, Plus A Prediction Market Tease?

A look at the key highlights from DraftKings Q2 financial results and a look at what's next, including the upcoming NFL season.

DraftKings Q1 Earnings Highlights: Revenue Miss, EPS Miss, Guidance Cut After Bettors Beat The House

DraftKings reported first-quarter financial results and lowered full-year guidance. Here are the details.

DraftKings Q3 Highlights: Revenue Miss, 2024 Guidance Trim, First 2025 Outlook, CEO Reaffirms Focus On 'Sustainable Revenue Growth'

DraftKings reported Q3 financial results Thursday with adjusted full year revenue guidance and a first look at 2025 revenue guidance.

DraftKings Stock To Hit New 52-Week Highs? Bullish Analyst On 2025 Guidance, Upside Opportunity

DraftKings faces potential revenue misses and NFL weakness in Q3 and Q4, but an analyst sees other strengths and 2025 guidance coming in strong.

Fanduel May See 'Significant Earnings Power' With Growing Duopoly, Sports Betting Market Size: 'Add It To The Bet Slip', Analyst Says

FanDuel, owned by Flutter, and DraftKings essentially have a duopoly in the U.S. online sports betting market.

DraftKings Stock Ahead Of 2024 NFL Season: Analyst Says Promos 'More Aggressive Than Last Year'

DraftKings and FanDuel are dominating market share in the sports betting space. DraftKings got closer to FanDuel's market share in the second quarter.

Jake Paul's Betr Announces License Deal With Huddle Tech: 'Accelerated Our Product Roadmap By Years'

Betr Holdings announced a technology license to help with vertical integration as it grows in the sports betting space ahead of the 2024 NFL season.

DraftKings Vs. Flutter: Analyst Lays Out Bull Vs. Bear Debate With Sports Betting Market 'Increasingly Functioning As A Duopoly'

Battle between DKNG bulls & bears may hinge on EBITDA, surcharges & competition. Analyst reiterates Buy rating & $60 target for DKNG.

FanDuel's 'Best US Performance' In Q2 Pressures DraftKings To Scrap Surcharge Plan

Flutter and DraftKings analysts react to second-quarter financial results and a decision on what to do with higher taxes in certain states.

Could Deion Sanders-Led Colorado Shock NCAA Football With National Championship? Bettor Puts $1K On Line, Possibly Win Big

Colorado's football team is seeing large betting activity ahead of the 2024 NCAA season. One bettor put $1,000 down on the team to be National Champs.

6 Stocks Going For Gold During 2024 Summer Olympics: 'Biggest Event' In Company History

The 2024 Summer Olympics could pay off for several companies that have sponsored the games or have catalysts happening during the two week sporting event.

DraftKings Analyst Cautious On Q2, But Optimistic About NFL Season: 'Well-Positioned To Execute' In Second Half Of Year

DraftKings could miss Q2 estimates according to an analysts who lowers the price target on shares. The analyst sees strength in the NFL helping the company's 2H.

Penn Entertainment Buyout Rumors Sizzle, Send Sports Betting Stock Up 13% In A Month

Less than a month after a report that Boyd Gaming (NYSE:BYD) was considering a buyout of casino and sports betting<

2024 NBA Draft: No Clear No. 1 Favorite, Bronny James Shakes Up Odds, 'People Are Always Intrigued With Betting On Long Shots'

The 2024 NBA Draft does not have a clear number one overall favorite, but more bettors may care about where Bronny James ends up.

Penn Entertainment Shares Soar On Buyout Report: What Investors Should Know

A new report links Penn Entertainment as the latest acquisition target in the casino and online sports betting sectors.

Portnoy Wins Big With Boston Celtics NBA Championship, Rapper Drake Loses $500K And Could Lose $500K More On NHL Bet

The Boston Celtics won the 2024 NBA Championship, completing a season where they were the favorites in the preseason, during the season and to open the NBA Playoffs.

DraftKings Stock Can Overcome 'Wall Of Worry Around Various Regulatory Risks' Analyst Says: Sizing Up Illinois Taxes, Jackpocket Acquisition

Higher taxes in Illinois and losses at Jackpocket could be short-term headwinds for DraftKings, but Goldman Sachs keeps the stock a Buy for future outlook.

Sports Betting Sector Could See Duopoly Or Oligopoly In Most States: Goldman Sachs Analyst Favors These 2 Stocks

The online sports betting market saw slower growth in the month of March. A leading analyst shares data and picks the winners.

$100 Betting Parlay Pays $1.7 Million If This Team Wins NBA Championship

Sports bettor turns down a cash-out offer of $100,000 for a $100 bet with a potential million-dollar payday on the line in the NBA Playoffs.

Kentucky Derby Hits Best Viewership Since 1989, Record Betting Handle: Why Investors Should Be Watching Churchill Downs Stock

The 150th Kentucky Derby proved to be a record breaking event with records set in viewership and betting handle.

Penn Entertainment Focuses On 'Where The Puck Has Been Rather Than Where It's Going': 5 Analysts Size Up Q1 Results, Sports Betting Segment

Penn Entertainment Q1 results were negatively impacted by the ESPN Bet online sports betting segment. Here's what analysts are saying about the results.

DraftKings The 'King Of The Beat & Raise': 7 Analysts Size Up Q1 Earnings, Raised Guidance That Could Be Conservative

DraftKings' first quarter beat and raised full year guidance. Analysts react to the report and highlight improving metrics.

DraftKings Q1 Earnings Highlights: Sportsbook Posts Revenue Beat, EPS Beat, Raises Revenue, EBITDA Guidance

DraftKings reported first-quarter financial results that exceeded analyst expectations. The company also increased full year guidance for revenue and EBITDA.