DraftKings (DKNG) is downgraded to a sell rating after a disappointing Q3 earnings report and a 20% year-to-date stock decline. DKNG's valuation remains stretched at 31x FY25 adjusted EBITDA, despite ...
Dan Le Batard and Meadowlark Media have won the big one. Only the tiny gold trophy that the ex-ESPN host hoisted on Wednesday’s episode of The Dan Le Batard Show with Stugotz didn’t represent a ...
Privately held Kalshi had record sports-betting volumes this past weekend. The venture-backed betting platform could become an increasing threat to existing sports-betting leaders. Tuesday's consumer ...
DraftKings (DKNG) shares have tanked recently, on concerns that prediction markets are a competitive threat to sportsbooks. Cathie Wood's Ark Invest ETFs have taken advantage of the recent weakness, ...
What To Know: DraftKings said it acquired Railbird Technologies Inc and its wholly owned subsidiary, Railbird Exchange, LLC. The acquisition supports DraftKings's broader strategy to enter prediction ...
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