TLDR Benchmark reiterated a Buy rating on DKNG with a $29 price target; stock currently trades at $25.15 DKNG has…
TLDR Oil prices surged past $100 a barrel, hitting highs not seen since 2022 The Dow dropped over 800 points;…
TLDR Polymarket and Kalshi are each in early talks to raise new funding at valuations of around $20 billion Both…
Online gambling keeps getting bigger, but size is not the only thing changing. The way platforms operate, pay out, and…
Something interesting is happening in online gambling. The platforms players choose are starting to say a lot about what kind…
TLDR DraftKings announced a “Super App” that combines sports betting, prediction markets, casino, and lottery gaming in one mobile platform…
TLDR Kalshi and Polymarket are both in talks with investors about raising funds at roughly $20 billion valuations Both companies…
Newly released government files reveal DCMS warned the Treasury about potential problems with raising gambling taxes before changes were implemented.
Gambling operator bet365 has pulled out of several major UK horseracing sponsorship deals, blaming the decision on increased gambling taxes.
College students allegedly used fraternity connections to profit from Super Bowl bets, prompting insider trading investigations on Kalshi and Polymarket.