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9/9/2024 3:26 PM
The NFL season kicked off just last week, already providing sports bettors with some upsets. The American Gaming Association expects $35 billion in wagers this season amid the widespread legalization ...
8/7/2024 1:27 PM
The widespread legalization of sports betting is breathing new life into the Paris 2024 Olympics. Earnings season is shining a light on the sector as well, with DraftKings Inc (NASDAQ:DKNG) fresh of...
6/28/2024 2:36 PM
The market had a solid week, with the S&P 500 Index (SPX) and Nasdaq Composite Index (IXIC) on track for their fourth consecutive weekly gain, while the Dow Jones Industrial Average (DJIA) eyes its...
6/25/2024 2:59 PM
Earlier today, casino operator and sports betting company PENN Entertainment Inc (NASDAQ:PENN) was downgraded on valuation concerns. While PENN may be one of the more popular sports betting stocks, t...
6/25/2024 10:00 AM
Raymond James downgraded PENN Entertainment Inc (NASDAQ:PENN) to "market perform" from "outperform" earlier today, with the analyst in question noting the security's recent gains made its valuation "a...