Genius Sports announces the company is offering more shares. Sportradar fails in SPAC deal with Todd Boehly after months of negotiations. Sportradar’s goal is to go with a traditional IPO. NEW YORK – There have been a few moves being made in the sports betting … Read more
Popular online sports betting and iGaming company Super Group will be merging with the SPAC, Sports Entertainment Acquisition. This is a $5.1 billion merger that will make the company become publicly traded. Sports Entertainment Acquisition will own 9.3% of the new company. NEW YORK – … Read more
Fox Corporation has filed a lawsuit against Flutter Entertainment. The lawsuit stems from an earlier agreement between the companies that promise Fox a stake in FanDuel at a specific cost. Flutter argues that Fox should pay a fair market price. NEW YORK – Fox Corporation … Read more
Score Media has recently gone public on the NASDAQ. Score Media’s shares have boomed following speculation that DraftKings may move to acquire the company. No confirmation from either DraftKings or Score Media has been made about the potential takeover. BOSTON – Score Media & Gaming … Read more
FuboTV’s stock price went up by 35% just by announcing their intent to launch a sportsbook in 2021. DraftKings, Penn National Gaming, and MGM Resorts have all seen growth on the stock market as a result of their sports betting efforts. Many companies see positive … Read more
DraftKings stock price has risen overnight following the results of several states voting in favor of legal sports betting. Louisiana, Maryland, and South Dakota have all approved sports betting but will need to write concrete laws in their 2021 legislative sessions. Shareholders are expecting DraftKings … Read more
MAC canceled its college football season on Saturday. The cancellation resulted in sports betting stocks plummeting. Dan Patrick declares that both the Big 10 and Pac 12 will cancel their seasons soon. INDIANAPOLIS – The college football season has been one of the bigger events … Read more
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 … Read more
Many sports leagues around the world have suspended play or canceled major tournaments. Sports cancelations have led to sports betting stocks to take a hit. Industry heads are preparing to take hits due to the coronavirus for the next few months. NEW YORK – Sports … Read more
Jefferies is suggesting that stock buyers should pay closer attention to the sports betting market. Stocks for companies involved with sports betting have increased in value in recent months. The U.S. sports betting market is predicted to be worth $5 billion by 2023. NEW YORK … Read more
Disney stocks and stocks from MGM Resorts will likely increase in value with legal sports betting spreading across the U.S. Many states are looking to legalize sports wagering in 2020. There are risks that people interested in investing in stocks should consider before doing so. … Read more