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ValueAct Takes $78 Million Stake in FanDuel Parent Flutter Entertainment

ValueAct, a San Francisco-based hedge fund, took a stake in FanDuel parent Flutter Entertainment (NYSE: FLUT) in the first quarter. The money manager bought...

Todd Shriber May 17, 2024
Sportradar

Sportradar Could See DraftKings-Like Resurgence, Says Fund Manager

On the back of a strong first-quarter earnings report, Sportradar (NASDAQ: SRAD) surged on Wednesday. Prior to that, shares of the sports betting data...

Todd Shriber May 17, 2024
Chang Goo Yoon, physical therapist, casinos

MGM Will Be Held to Host City Agreement in Possible Springfield Casino Sale, Say Officials

Nearly two months ago, reports surfaced that MGM Resorts International (NYSE: MGM) is mulling the sale of its regional casinos in Ohio and Springfield,...

Todd Shriber May 10, 2024