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DraftKings

DraftKings Lifts 2024 Guidance with $750M Acquisition of Jackpocket

As it so frequently does when it delivers quarterly financial updates, DraftKings (NASDAQ: DKNG) raised its revenue and earnings before interest, taxes, depreciation, and...

Todd Shriber February 15, 2024

Carolina Panthers Owner David Tepper Boosts Caesars Stake

Appaloosa Management, the hedge fund controlled by Carolina Panthers owner David Tepper, increased its stake in Caesars Entertainment (NASDAQ: CZR) in the fourth quarter....

Todd Shriber February 14, 2024
FanDuel BetMGM Super Bowl commercial

BetMGM Says 2023 Revenue Jumped 36%, Was EBITDA Positive in Second Half

BetMGM said it posted 2023 revenue of $1.96 billion, a 36% year-over-year increase. That put the online sportsbook operator’s top line at the higher...

Todd Shriber February 8, 2024