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Sharp Alpha

Sharp Alpha Advisors Closes $10M Venture Fund, Seeds 11 Sports Betting Startups

Sharp Alpha Advisors said its first investment vehicle -- Sharp Alpha Fund I -- raised $10 million and was oversubscribed, indicating robust demand. Sharp...

Todd Shriber October 12, 2021
DraftKings stock

DraftKings Hit with Rare ‘Sell’ Rating as Roth Capital Prefers Penn, Rush Street Interactive

Wall Street analysts are broadly bullish on DraftKings (NASDAQ:DKNG) stock. But Roth Capital's Edward Engel is among the dissenting voices. In new coverage of...

Todd Shriber October 12, 2021
Scientific Games

Scientific Games OpenBet Sale Credit Positive, Says Moody’s

On Monday, Scientific Games (NASDAQ:SGMS) announced the sale of its OpenBet sports wagering business to Endeavor Group Holdings, Inc. (NYSE:EDR.). The business went for...

Todd Shriber September 30, 2021