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Michigan September Online Sports Betting Heats Up, DraftKings Passes $100M: Do Profits Matter?
Friday, October 15, 2021 - 4:03pm | 1058Read More...The state of Michigan stayed hot in September and continued its trend of being one of the largest online sports betting markets in the country. What Happened: The state's online sports betting handle hit $354.3 million in September, according to PlayMichigan. The total was up 84.2% from...
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Mattress Mack Bets Big On The Houston Astros: Here's Which Company Could Lose, Why He Places Large Wagers
Friday, October 8, 2021 - 12:30pm | 616Read More...Houston Astros super fan Mattress Mack is back with some aggressive wagers on the 2021 World Series. Here’s how much he has wagered and why he is betting such a large amount. What Happened: In June, Jim “Mattress Mack” McIngvale placed a $2 million wager on the Houston Astros to...
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Tom Brady Returns To New England For Sunday Night Football: Best Betting Odds And Promotions
Friday, October 1, 2021 - 4:23pm | 984Read More...One of the most beloved athletes in New England returns in a highly anticipated matchup between the Tampa Bay Buccaneers and New England Patriots for Sunday Night Football. What Happened: Tom Brady and the Buccaneers travel to Gillette Stadium for a Week 4 matchup on NBC, owned by Comcast...
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How Fox Offers Unique Exposure To US Sports Betting
Thursday, September 30, 2021 - 12:17pm | 453Read More...Fox Corp (NASDAQ: FOX) (NASDAQ: FOXA) shares traded higher by 0.6% on Thursday after the company landed a Wall Street upgrade. The Analyst: Rosenblatt Securities analyst Mark Zgutowicz upgraded Fox from Neutral to Buy and raised his price target from $39 to $48. The Thesis: In the upgrade note,...
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UFC Parent Endeavor Acquires OpenBet: What Investors Should Know
Monday, September 27, 2021 - 6:03pm | 513Read More...The surge of sports betting acquisitions continues with the parent company of several sports leagues investing in the growing sports betting vertical. What Happened: Endeavor Group Holdings Inc (NYSE: EDR) announced the acquisition of OpenBet for $1.2 billion, consisting of $1 billion in cash and $...
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What's Next For The BetMGM Joint Sports Betting Venture?
Wednesday, September 22, 2021 - 12:47pm | 665Read More...A leading sports betting analyst sized up the news of Draftkings Inc (NASDAQ: DKNG) attempting to acquire Entain ADR (OTC: GMVHY). What Happened: On Tuesday, DraftKings confirmed it was seeking to acquire Entain, a leading European sports betting company. The acquisition could have a huge...
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Sportradar IPO Preview: The Thing Behind The Thing For Sports Betting
Tuesday, September 14, 2021 - 11:51am | 1133Read More...The surge in sports betting platforms and states where it is legal has created a huge market opportunity for companies that operate in the growing sector. One such company will test the public markets with an IPO scheduled for Tuesday, Sept. 14. The Sportradar IPO: Sportradar (NASDAQ: SRAD) is...
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NFL And College Football Could See $20B In Bets: How Online Sports Betting Companies Could Win Big
Tuesday, August 24, 2021 - 4:56pm | 686Read More...A new study from PlayUSA.com revealed an estimate for the amount of money consumers will wager on National Football League and college football games in the upcoming 2021-2022 season. What Happened: PlayUSA estimates $20 billion in bets will be made for the upcoming football season,...
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Big 3 Sports Betting Companies Continue To Dominate Michigan Market
Monday, August 16, 2021 - 6:45pm | 594Read More...Six months after launching online sports betting, the Michigan market had wagers of $1.69 billion in July, making it one of the top states in the country. Here is a look at the top names for online sports betting and online casino in the state of Michigan. What Happened: Data for the month of July...
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6 Groups Submit Bids For New York Sports Betting: What Investors Should Know With Cuomo's Resignation
Saturday, August 14, 2021 - 1:28pm | 837Read More...One of the most anticipated states to bring online sports betting to its residents remains New York. The state is in the middle of receiving bids from parties for a license, a process that could now get messy with the resignation of Gov. Andrew Cuomo. What Happened: Cuomo favored a...
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Flutter Earnings Show FanDuel's US Dominance: What Investors Should Know
Tuesday, August 10, 2021 - 9:31am | 474Read More...One of the leading online sports betting companies was the feature of the earnings report from European gaming company Flutter Entertainment (OTC: PDYPY). What Happened: Flutter Entertainment reported first half 2021 revenue up 30% year-over-year on an adjusted basis and up 99% from the prior year...
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Here's How Much Money The 39 Gold Medals USA Won At The Tokyo Olympics Are Worth
Monday, August 9, 2021 - 5:36pm | 535Read More...The U.S. Olympic team continued its dominance in the Summer Olympics in Tokyo winning more gold medals and total medals than any other country. The gold medals won by the U.S. team will bring $3.75 million to the athletes for winning the highly coveted athletic accomplishment. What Happened: The U....
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How Many Medals Could USA Olympics Team Win At The 2020 Tokyo Olympics?
Saturday, July 24, 2021 - 10:30am | 781Read More...The United States has had a good run of being the top medal winner at the Olympic Games dating back to the 1996 Summer Olympics. How many total medals and in particular gold medals could the 2020 Olympics team win for the U.S. Past History: The U.S. Olympic team came home with 46 gold medals...
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How Much A Bettor Might Make From An Atlanta Hawks NBA Finals Run
Friday, June 25, 2021 - 2:30pm | 490Read More...The Atlanta Hawks have been one of the biggest surprises of the NBA Playoffs and one bettor could become a millionaire if the team continues its impressive run. What Happened: In the preseason, the Atlanta Hawks had odds of +10000 to win the NBA Championship. The team had a strong NBA season and...
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SPAC Wars: DraftKings Vs. Rush Street Interactive
Friday, June 25, 2021 - 8:16am | 587Read More...The hosts of Benzinga’s “SPACs Attack” held several SPAC Wars battles featuring companies that went public via SPAC merger competing in the same industry. One of the high-profile battles was Draftkings Inc (NASDAQ: DKNG) versus Rush Street Interactive Inc (NYSE: RSI), two...
















