gambling

DraftKings Inc (NASDAQ:DKNG) shares are trading lower on Wednesday afternoon as Wall Street digests a hawkish shift from the Federal Reserve. Here's what investors need to know. DraftKings stock is showing notable weakness. What’s pressuring DKNG stock? Why Fed Policy is Weighing On Growth...

Valve Corp. is asking the court to throw out a lawsuit brought by the New York Attorney General accusing the game maker of enabling illegal wagering tied to its flagship game "Counter-Strike 2." The filing asks a judge to end the matter permanently, arguing the state is trying to stretch gambling...

Kalshi was approved for margin trading on the same day Washington’s attorney general sued it for running an illegal gambling operation. The prediction market platform secured a futures commission merchant license through an affiliate called Kinetic Markets LLC. The license would let...

Martin Shkreli and U.S. Rep. Alexandria Ocasio-Cortez are unexpectedly aligned in arguing that Kalshi hasn't gone far enough in policing who can trade on its event markets. DKNG stock is moving. See the chart and price action here.  Shkreli and AOC's Rare Agreement In a social media post,...

Livestream shopping platform Whatnot is facing allegations of operating an illegal gambling operation and violating the RICO Act by allowing sellers to conduct randomized box breaks and randomized repack breaks—sealed packages of collectible items—on its platform. Attorney Paul Lesko at Leskow Law...

Sports betting and iGaming company Flutter Entertainment (NYSE:FLUT) reported fourth-quarter financial results Thursday after market close. Here's the key highlights and why shares are falling. • Flutter Entertainment shares are approaching critical lows. Why are FLUT shares at support?...

DraftKings Inc. (NASDAQ:DKNG) shares are trading lower on Monday. The company is hosting its next Investor Day on March 2. • DraftKings shares are experiencing downward pressure. What’s pulling DKNG shares down? BofA Securities analyst Shaun C. Kelley expects management to highlight...

DraftKings Inc (NASDAQ:DKNG) reported financial results for the fourth quarter after the market close on Thursday. Here’s a rundown of the report. DraftKings shares are trending. What’s impacting DKNG stock? DraftKings Tops Analyst Estimates In Q4 DraftKings reported fourth-...

DraftKings Inc. (NASDAQ:DKNG) shares declined on Friday. The decline comes as Guggenheim lowered its price target on the stock and the Commodity Futures Trading Commission (CFTC) announced a major policy shift regarding prediction markets. • DraftKings stock is among today’s weakest...

Wynn Resorts Ltd's (NASDAQ:WYNN) analyst event, held last week in Dubai, increased confidence in the Wynn Al Marjan Island project, according to BofA Securities. • Wynn Resorts shares are experiencing downward pressure. What’s driving WYNN stock lower? The Wynn Resorts Analyst: Analyst...

Residents and tourists to New York City could soon have three casinos to visit. The new casinos would add to the state's increased interest in casinos and sports betting, which includes the launch of online sports betting in the state back in January 2022. • BALY is in a favorable position...

DraftKings Inc. (NASDAQ:DKNG) traded flat Tuesday after unveiling major product and market expansion plans across North America. DraftKings introduced a full Spanish version inside its Sportsbook and Casino app for select users. The company will expand access to all eligible customers in the coming...

DraftKings Inc (NASDAQ:DKNG) reported third-quarter financial results after the market close on Thursday. Here’s a look at the key details from the report. DKNG stock is moving. Review the technical setup here. Q3 Earnings: DraftKings posted third-quarter revenue of $1.14 billion, missing...

DraftKings Inc (NASDAQ:DKNG) shares are rising in extended trading on Tuesday after the company announced an acquisition to support its entry into prediction markets. What To Know: DraftKings will acquire Railbird Technologies and its wholly owned subsidiary, Railbird Exchange, a federally licensed...

MGM Resorts International (NYSE:MGM) disclosed a deal to sell the operations of MGM Northfield Park to private equity funds managed by Clairvest Group Inc. for $546 million in cash. • MGM stock is down today. See the complete data here. Details Northfield Park, located in Ohio, is a regional...