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EXCLUSIVE: In-Play Betting Revolutions Sports Betting Industry With ‘Improvements On All The Mobile Apps’

EXCLUSIVE: In-Play Betting Revolutions Sports Betting Industry With ‘Improvements On All The Mobile Apps’

In Benzinga’s recent Sports Betting, Gaming & Esports: A Deep Dive virtual event, Chad Beynon, head of U.S. research and sell-side equity analyst at Macquarie, discussed how in-play betting is transforming the sports betting industry. Beynon explored how this real-time wagering option changes fan engagement and the broader market. The In-Play Betting Boom Beynon described...

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This Sports Betting Stock Is ‘Terrific,’ Jim Cramer Says – Accenture (NYSE:ACN)

This Sports Betting Stock Is ‘Terrific,’ Jim Cramer Says – Accenture (NYSE:ACN)

On CNBC’s “Mad Money Lightning Round,” Jim Cramer recommends buying sports betting company DraftKings Inc. DKNG, proclaiming, “I think it’s terrific.” On May 2, DraftKings reported first-quarter revenue of $1.18 billion, up 53% year-over-year. The revenue total beat a Street consensus estimate of $1.12 billion, according to data from Benzinga Pro. The global online sports...

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Betr Picks Plans Multi-State Expansion ‘Ahead Of Upcoming NFL Season,’ CEO Says

Betr Picks Plans Multi-State Expansion ‘Ahead Of Upcoming NFL Season,’ CEO Says

Betr CEO Joey Levy was among the standout speakers at the Sports Betting, Gaming & Esports: A Deep Dive virtual event. Levy shared the company’s innovative strategies in sports betting and media, emphasizing their focus on simplicity and engagement. He spoke on the achievements of Better Picks, a fantasy sports product that has quickly gained...

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Unpacking The Future Of Sports Betting, Gaming, Esports

Unpacking The Future Of Sports Betting, Gaming, Esports

The Sports Betting, Gaming & Esports: A Deep Dive virtual event on May 16 at 11 am ET will bring together industry leaders to discuss these rapidly growing fields’ current and future state. This session will provide attendees a platform to hear from top professionals about the trends shaping these industries. The event will feature...

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Sports Betting Sector Could See Duopoly Or Oligopoly In Most States: Goldman Sachs Analyst Favors These 2 Stocks – DraftKings (NASDAQ:DKNG), Flutter Entertainment (NYSE:FLUT)

Sports Betting Sector Could See Duopoly Or Oligopoly In Most States: Goldman Sachs Analyst Favors These 2 Stocks – DraftKings (NASDAQ:DKNG), Flutter Entertainment (NYSE:FLUT)

Goldman Sachs analyst Ben Andrews is out with a new report on the state of the sports betting sector. March online sports betting data points to the industry being softer, Andrews wrote, citing 7% year-over-year growth compared to 17% year-over-year growth in February. The key leaders in the industry include FanDuel, which is owned by...

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PENN Entertainment Shares Jump After ESPN Bet Named Official Sports Betting Sponsor Of PGA Championship – PENN Entertainment (NASDAQ:PENN)

PENN Entertainment Shares Jump After ESPN Bet Named Official Sports Betting Sponsor Of PGA Championship – PENN Entertainment (NASDAQ:PENN)

PENN Entertainment PENN shares traded higher on Tuesday after the company announced a groundbreaking multiyear sports betting partnership between ESPN Bet and the PGA of America. ESPN Bet, developed by PENN Entertainment, will be designated as the “Official Sports Betting Sponsor” of the PGA Championship through 2026. What To Know: Tuesday’s pioneering agreement marks a...

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Penn Entertainment Focuses On ‘Where The Puck Has Been Rather Than Where It’s Going’: 5 Analysts Size Up Q1 Results, Sports Betting Segment – PENN Entertainment (NASDAQ:PENN)

Penn Entertainment Focuses On ‘Where The Puck Has Been Rather Than Where It’s Going’: 5 Analysts Size Up Q1 Results, Sports Betting Segment – PENN Entertainment (NASDAQ:PENN)

Casino and sports betting company PENN Entertainment PENN reported first-quarter financial results that came in lower than analysts’ estimates. Here’s what analysts are saying after the report. Needham analyst Bernie McTernan has a Buy rating and lowers the price target from $32 to $26. JMP Securities analyst Jordan Bender has a Market Perform rating and...