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Fitch Ratings: Las Vegas Strip Recovery Several Years Out

Fitch Ratings says the Las Vegas Strip likely will not fully recover to pre-COVID-19 revenues until sometime in 2024. In a note, analysts Alex...

Devin O'Connor October 15, 2020
Michael Jordan

Sportradar Earns Junk Credit Rating from Fitch, Outlook Stable

Sports data provider Sportradar landed a long-term issuer default rating of “B” with a “stable” outlook from Fitch Ratings after the privately held company...

Todd Shriber October 14, 2020
DraftKings Share Sale

DraftKings Slips After Pricing Share Sale at Steep Discount to Recent Close

DraftKings (NASDAQ:DKNG) stock is sliding today. The sportsbook operator said it priced its secondary offering at $52 a share, an 8.4 percent discount to...

Todd Shriber October 7, 2020