by Michael Molter | Feb 21, 2025 11:03 am | Revenue
DraftKings reported a $200 million net loss in Q4 2024 despite a 13% revenue increase year-over-year, highlighting ongoing profitability challenges. The company secured a $500 million loan to fuel expansion, with a strong focus on iGaming as a potential path to future...
by Giovanni Shorter | Feb 5, 2020 4:41 pm | Regulatory
Lawmakers in Virginia push forth legislation to legalize casinos. If passed, the legislation will see casinos open up across five cities around the state. Conservative groups are fighting against allowing casinos, believing it will be bad for the communities....
