by Giovanni Shorter | Jul 7, 2022 11:54 am | Sports Betting
DraftKings stock is down to 12.37 per share after peaking at 63.39 per share in 2021. Caesars stock peaked at 119.49 in 2021 but is now down to just 42.26 per share. A younger investing audience is rooted as one of the reasons for the stock shares to have dipped. NEW...
by Jerad Paparella | Mar 3, 2022 1:21 pm | Sports Betting
FanDuel is now – by a fair margin – the top sportsbook in New York, largely as a result of their leveraging of their DFS and same-game-parlay offerings. FanDuel passed off Caesars Sportsbook, which held the largest market share shortly after launch;...
by Giovanni Shorter | May 19, 2021 12:58 pm | Sports Betting
FanDuel is launching a new campus in Atlanta to create tech jobs for local residents. The tech hub will create 900 new jobs. This is a $15 million venture. ATLANTA – While sports betting failed to launch in Georgia during the legislative sessions earlier this year, it...
by Giovanni Shorter | May 14, 2021 2:12 pm | Sports Betting
PASPA was repealed on May 14, 2018. Since the repeal, multiple states and Washington DC have regulated sports betting markets. Sportsbooks like DraftKings have gone public on the NASDAQ. NEW YORK – The repeal of the Professional and Amateur Sports Protection Act...
by Giovanni Shorter | May 12, 2021 10:59 am | Sports Betting
Flutter Entertainment has announced that FanDuel CEO Matt King will be stepping down. Flutter Entertainment has warned this will delay the potential public listing of FanDuel. Matt King will remain as CEO until a replacement is selected. NEW YORK – Popular sportsbook...