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The Latest Breaking News from DraftKings

Where Penn Entertainment's new CTO places his bets

Aaron LaBerge moved to Penn Entertainment this summer to spearhead the company's efforts integrating its betting technology across Disney's ESPN, and to bring Disney-like tech magic to the online gaming business.

Fortune

This online slot machine had zero winners, despite nearly 21,000 spins

Talk about a cold machine…

Fortune

Forde-Yard Dash: Big Ten Will Get First Big Test This Weekend

Through Week 1, the conference is unbeaten against non–power-conference opponents. Week 2 will offer six matchups that will test some teams’ mettle.

Sports Illustrated

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Cathie Wood buys $6.6 million of Shopify and DraftKings

Her flagship Ark Innovation ETF has sunk 14% year to date.

The Street

Bettors banking on Eagles resurgence, Cowboys regression as NFL season begins

The Eagles looked as if they were ready to return to the Super Bowl last season after beating the Bills 37-34 in overtime to move to 10-1

The Independent UK

Americans are draining stock portfolios to shovel more money into sports betting

Amid the growing lure of sports betting, Gen Z men in particular face a growing risk of financial disaster, experts say.

Fortune

Chris ‘Mad Dog’ Russo Weighs In on Stephen A. Smith’s Future at ESPN

Russo says it makes sense for his “First Take” partner to re-sign with the four-letter network.

Sports Illustrated

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FanDuel Parent Spikes On Earnings; DraftKings Scraps Surcharge Plans

FanDuel owner Flutter Entertainment rallied after earnings results. DraftKings jumped after nixing plans to tax gambling winnings.

Investors Business Daily

Is DraftKings a Buy Before the Next Sports Betting Surge?

DraftKings (DKNG) posted mixed second-quarter results, surpassing earnings expectations but missing the consensus estimate for revenue. With prevailing macroeconomic risks, legal challenges, and deteriorating financial health, should investors consider DKNG a buy before the next sports betting rise? Read on to know more.

StockNews.com

Cathie Wood Buys $35 Million Of Amazon, Targets Crypto; Sells $42 Million Of This Stock

Cathie Wood bought the dip on Amazon stock, Coinbase, Robinhood, Meta and more. ARK Invest unloaded on tech names.

Investors Business Daily

Analysts adjust DraftKings stock price target following earnings

This is what could happen next to DraftKings shares.

The Street

Joe Buck Trying to Explain New NFL Kickoff Rules Made for Amusing Television

Buck’s valiant effort to explain the new kickoff rules didn’t make them any less confusing.

Sports Illustrated

Odds to Win AFC East in 2024 Season: Can Jets or Dolphins Catch Bills?

Oddsmakers at DraftKings have released AFC East futures, and the Bills are co-favorites with the New York Jets. Jets +180 Bills +180 Dolphins +200 Patriots +25

Sports Illustrated

Paul Skenes' NL Cy Young Odds Skyrocket After Another Dominant Performance

Pittsburgh Pirates rookie Paul Skenes is in the mix to win the NL Cy Young award in 2024

Sports Illustrated

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news in one place.

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Sports Illustrated

Painting Corners: Best MLB Prop Bets Today (Back Aaron Nola, Kyle Schwarber and Yordan Alvarez tonight)

Baseball is back! Here are a few plus money props to consider for tonight’s slate. All odds from DraftKIngs. Aaron Nola over 6.5 strikeouts (+105) Aaron Nola

Kiplinger

Paris Olympics: 5 Sports-Related Stocks Going for Gold

Tactical investors may want to keep an eye on these sports-related stocks as the Paris Olympics begin.

Sports Illustrated

2024 British Open Bettors’ Roundtable: Favorites, Sleepers, Props and Best Bets for Royal Troon

Is this the week Rory McIlroy ends his major drought? Is Troon ripe for a first-time major winner? Who are our favorite sleepers? Our panel of golf writers and gambling experts break down the week at Royal Troon.

The Street

Analyst updates DraftKings stock price target as key metric faces pressure

This is what could happen next to DraftKings shares.

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news in one place.

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Barchart

5 Standout Growth Stocks That Should Swing to a Profit Soon

Goldman Sachs says these growth stocks, which are highly rated on Wall Street, are on their way to profitability in 2025.

Investors Business Daily

DraftKings Stock Setting Up Despite Concerns Over Online Betting Taxes

Despite concerns over where states will go on the issue of online sports betting, DraftKings stock is approaching yet another buy point.

Barchart

2 Growth Stocks Named 'Top Picks' By Analysts This June

With markets hitting new highs this June, analysts recommend these two standout stocks because of their strong growth potential.

The Independent UK

States bet on boosting taxes for online sports betting companies like DraftKings, FanDuel

States are looking to increase their take from the $16 billion online sports gambling industry as it expands across the country with big partnerships

Investors Business Daily

As Legal Sports Betting Turns 6 Years Old, Which Sports Are The Biggest Winners?

Sports betting is now legal in 38 states. The most popular sports see the most bets, but the data shows some surprises.

USA Today Sports Media Group

One analytics model has Commanders with fewest wins in the NFL in 2024

One model has the Commanders winning fewer games in 2024 than they won last season.

Investors Business Daily

Dow Tumbles Below Key Levels As Nasdaq Leads With Help From Nvidia

The Nasdaq fell back below the 17,000 level on Tuesday. Nvidia hits a new high.

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