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Todd Shriber
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DraftKings Best Online Betting Stock to Own into Football Season, Says Analyst
DraftKings (NASDAQ: DKNG) is the best online betting stock to own into football season, according to an analyst that covers the company. In a note to clients today, Macquarie analyst Chad Beynon highlighted the familiar...
Circa CEO Stevens Says Las Vegas Should Host First Week of CFP
Circa founder and CEO Derek Stevens believes Las Vegas is one of four cities that should be hosts to the first round of the College Football Playoff (CFP). This is the first year of the...
Gaming and Leisure Properties Bonds Sturdy, Says Research Firm
Debt issued by casino landlord Gaming and Leisure Properties (NASDAQ: GLPI) looks appealing despite a recent spate of new issuance. In a new note to clients, GimmeCredit analyst Kim Noland acknowledged that it’s been a...
BetMGM Nevada Wallet Now Usable in Other States
BetMGM announced Thursday that the digital wallet on its Nevada sports wagering mobile application is now transferrable to other states in which the company books bets. That means bettors that sign up for a BetMGM...
Genting NY Casino Bid Could Be Hindered by Las Vegas Controversy, Says CIMB
Genting Bhd’s effort to procure one of the three downstate casino licenses in New York could be damaged by potential regulatory discipline the operator faces in Nevada, according to CIMB Securities. Last week, the Nevada...
NFLPA Suit Against DraftKings Could Stem from Defunct NFT Product
The NFL Players Association (NFLPA), the labor union for the league’s athletes, filed suit against DraftKings (NASDAQ: DKNG) and could seek financial damages relating to the recent closure of the gaming company’s nonfungible tokens (NFTs)...
DraftKings Stock Poised for Football Season Bump, Say Analysts
Sports wagering stocks, including DraftKings (NASDAQ: DKNG), are a relatively young asset class, but youth aside, the group is subject to clear seasonal trends. Those include the start of football season often acting as catalyst....
FanDuel Can Extend US Dominance
Leadership in the US online sports betting market is often fluid and varies at the state level, but what isn’t up for debate is that a duopoly comprised of DraftKings (NASDAQ: DKNG) and Flutter Entertainment’s...
NFL Bettors Planning to Wager More This Year, Says Optimove
Football is the most wagered-on sport in the US, and the NFL leads the way. The 2024 season kicks off on Thursday, September 5, and in what could be good news for sportsbook operators, data...
Betfred Could Consider Full Departure from US Sports Betting Market
Amid sluggish profits, Betfred halted its sports wagering offerings in Maryland last month. At the end of this month, the company is pulling the plug on its operations in Colorado and Ohio and it might...
