DraftKings Stock Steady On Improved Revenue Guidance Despite Massive Q4 Losses
DraftKings stock climbed 4% on Friday as it beat analysts revenue estimates and upgraded its 2021 revenue forecast. Read More
Posted on: February 26, 2021 |
NHL Deepens Legal Sportsbook Ties With PointsBet Equity Stake
So much for hurting the integrity of the game – the NHL now owns an equity stake in multiple sportsbooks after an agreement with PointsBet. PointsBet isn’t the first sportsbook to become an official sports betting partner of the NHL – FanDuel Sportsbook, MGM Resorts and William Hill also inked those partnerships. PointsBet is, however, […] Read More
Posted on: February 9, 2021 |
The Week In Sports Betting News: Penn Climbs On Barstool’s Wings
Happy Monday, everyone. This week will feature no shortage of sports betting news as most legal states should report their Super Bowl handle, but last week had plenty of news as well. The LSR Podcast talked about what Super Bowl betting looks like in the US this year compared to last year along with some […] Read More
Posted on: February 8, 2021 |
DraftKings Preps For Canada Sports Betting With Expanded NFL Deal
DraftKings gains access to NFL branding and content opportunities for DFS in Canada, but will have one eye on sports betting. Read More
Posted on: February 4, 2021 |
Illinois Helps US Sports Betting Revenue To New Monthly High
FanDuel led Illinois online sportsbooks in November with $13.3 million in revenues - good for a 37% market share. Read More
Posted on: February 3, 2021 |
Which Investment Fund Just Caused DraftKings Stock To Jump?
The renowned ARK Next Generation Internet ETF (ARKW) acquired 620,300 shares of $DKNG on Monday, worth $34 million. Read More
Posted on: February 2, 2021 |
LSR Q+A: Jason Ader On Finding The Tesla Of Online Gambling
Renowned investor Jason Ader takes LSR through the options for his next SPAC and explains why MGM will ultimately end up with Entain. Read More
Posted on: January 29, 2021 |
Deal Or No Deal: How M&A Could Shape US Sports Betting In 2021
Analysts expect the recent run of transactions in the US sports betting space to continue in 2021, with a "flood of capital" looking to enter the market. Read More
Posted on: January 27, 2021 |
Opinion: Five Sports Betting Stories To Watch In 2021
Mercifully, 2020 is done. While there have been some notable ups in the gaming industry, perhaps most notably the continued growth across the industry, most of us would likely care to forget this past year. It is with great optimism that we head into 2021. A covid vaccine on the horizon should be a positive […] Read More
Posted on: January 7, 2021 |
All Signs Point To Connecticut Legalizing Sports Betting In 2021
For years, talks of expanded gambling and sports betting has brought arguments and legal threats in the state of Connecticut. The situation appears much different now. Multiple reports from local media in Connecticut suggest sports betting in Connecticut might be the closest thing to a slam dunk the industry’s seen. CT sports betting has been […] Read More
Posted on: December 10, 2020 |