Flutter Entertainment (NYSE: FLUT) has received praise in new coverage by Morningstar, with the research firm highlighting the gaming company’s effective capital allocation, in-house product development, and robust risk management capabilities. In a note released…
Australian sportsbook operator BlueBet has announced its decision to withdraw from the US market to concentrate on its thriving sports betting business in Australia. This decision follows a strategic review of BlueBet’s US operations, coming…
DraftKings (NASDAQ: DKNG) has announced its acquisition of Simplebet Inc., a company specializing in micro-betting services, aiming to enhance its in-game betting offerings. The financial specifics of the deal were not disclosed, though earlier speculation…
High-ranking executives at DraftKings (NASDAQ: DKNG) have continued their rapid stock sales, with co-founders Paul Liberman and Jason Robins recently offloading over $10 million worth of shares in under a week. In a Form 144…
In newly revealed court documents, the NFL Players Association (NFLPA) alleges that DraftKings (NASDAQ: DKNG) owes it around $65 million following the closure of the sportsbook’s nonfungible tokens (NFTs) marketplace. When the NFLPA’s lawsuit against…
Amid sluggish performance in its interactive division and solid but unspectacular results from its land-based casinos, Penn Entertainment’s (NASDAQ: PENN) corporate debt may not offer significant near-term gains. That’s the view of GimmeCredit analyst Kim…
UFC middleweights Brendan Allen and Marvin Vettori recently engaged in an impromptu scuffle at the Seminole Hard Rock Hotel & Casino in Hollywood, Florida. The unexpected confrontation occurred shortly after the two fighters attended a…
Faced with sluggish profits, Betfred recently ceased its sports betting operations in Maryland and plans to end its services in Colorado and Ohio by the end of this month. The British bookmaker might be on…
“I don’t care how many viewers he attracts. I don’t want him back. He was rude to the dealers, the players, and the staff.” These were the words of Nick Vertucci, co-owner of the popular…
DraftKings had a challenging Tuesday. Shortly after reversing its controversial decision to tax certain winning bets, the leading sportsbook mistakenly sent a mass email to bettors about golf wagers they never made. Earlier that evening,…