Sports betting, online casino boom fuels big DraftKings revenue gains as rivals vie for market share

[ad_1] DraftKings, a fantasy sports website Getty Images The growth of online sports betting and casino gaming across the U.S. has led to soaring revenue for sportsbook companies, but an already…

DraftKings revenue jumps 57% as sportsbook leader grows customer base

[ad_1] New England Patriots cornerback Stephon Gilmore, #24, stretches during the New England Patriots practice session in Foxborough, Massachusetts, on Oct. 22, 2020. Barry Chin | Boston Globe | Getty…

DraftKings apologizes for 9/11 sports bet promo on New York teams

[ad_1] In this photo illustration, the American daily fantasy sports contest and sports betting company DraftKings logo is displayed on a smartphone screen. Budrul Chukrut | Lightrocket | Getty Images…

ESPN Strikes $2 Billion Sports-Betting Deal With Penn Entertainment

[ad_1] Penn’s Barstool Sportsbook app will be rebranded as ESPN Bet this fall as part of a 10-year agreement. [ad_2] Source link

DraftKings Offers $195 Million for PointsBet’s U.S. Business

[ad_1] DraftKings is offering to buy PointsBet Holdings’ U.S. business for $195 million, setting up a battle with sports-merchandise company Fanatics for the online sports-betting assets. [ad_2] Source link

DraftKings trumps Fanatics with ‘superior’ bid for PointsBet’s US business

[ad_1] About Stephen Gunnion Stephen Gunnion is a senior financial journalist and broadcaster at Proactive Investors. He has more than 25 years of experience in television, radio and print media,…

DraftKings makes $195 million offer for PointsBet, outbidding Fanatics

[ad_1] Omar Marques | LightRocket | Getty Images Sports gambling powerhouse DraftKings has made a $195 million, all-cash offer for PointsBet’s U.S. assets, it said on Friday, topping an earlier…

Online Sports Bettors Lose More as Parlays Gain Popularity

[ad_1] As average bettors win less, the gambling companies are winning more. [ad_2] Source link

Stocks Rally to Cap Tumultuous Week

[ad_1] The S&P 500 broke a four-day losing streak following an upbeat jobs report and a spate of earnings. [ad_2] Source link

WSJ News Exclusive | Fanatics Bets on Its Fans to Win Sports-Gambling Race

[ad_1] Chief Executive Michael Rubin says the sports-merchandising company’s 95 million customers offer an edge over gambling competitors. [ad_2] Source link