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DraftKings stock

DraftKings Soars on Improved 2023 Loss, Revenue Outlook

Shares of DraftKings (NASDAQ: DKNG) surged in Thursday’s after-hours trading session after gaming boosted its 2023 revenue outlook while trimming its expected loss guidance....

Todd Shriber May 4, 2023
Macau casinos China COVID-19 gaming revenue

Macau Stock Tumble Vexes Analysts, Revenue Seen Improving in 2023

A recent retreat by previously hot Macau casino equities has analysts scratching their heads, particularly against the backdrop of improving 2023 revenue outlooks for...

Todd Shriber May 4, 2023