by Zachary Kelley | Aug 28, 2023 5:50 pm | Regulatory
DraftKings received a $94,000 fine for advertising to underage players. FanDuel, PointsBet, Rush Street (BetRivers), and PENN (Barstool Sportsbook) are among the four other legal online sportsbooks to receive fines from Maryland’s gambling regulator. PENN and...
by Giovanni Shorter | Oct 2, 2020 10:57 am | Sports Betting
Penn National Gaming closes its common stock public offering and managed to raise $982.1 million. The process involved selling 16.1 million shares of common stock. The added funds will be used to accelerate the expansion of the Barstool Sportsbook app in multiple...
by Giovanni Shorter | Jun 17, 2020 10:16 am | Sports Betting
Now is the best time to look into trading sports betting stocks as sports begin to mount a comeback. The odds that the stocks for sportsbooks like DraftKings and William Hill see a massive increase in value in the coming months are high. Other gambling entities such...
by Carter Floyd | Apr 28, 2020 1:26 pm | Regulatory
Sports betting stocks are finally beginning to rebound after a massive crash, and this is likely a good time to invest. While the exact timetable for a return to normalcy is unclear, the return of sports is inevitable. Most sports betting stocks are seeing slow growth...
