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BetMGM Has Analysts Fawning for MGM Stock

betmgm-has-analysts-fawning-for-mgm-stock

MGM Resorts International (NYSE:MGM) is one of the largest operators of land-based casinos in the world, managing some of the most well-known venues on the Las Vegas Strip and elsewhere. But it’s internet gaming and sports wagering that has some analysts aflutter. The sportsbook at MGM Grand Las Vegas. Analysts see BetMGM driving MGM stock

Fantasy Sports Betting Possible in Louisiana By Football Season

fantasy-sports-betting-possible-in-louisiana-by-football-season

Louisiana is on pace to have fantasy sports contests by the start of this year’s football season, according to a state official. The LSU Tiger mascot gestures during a parade in Baton Rouge. Sports betting is expected to be popular in the state, where teams like the Tigers have active fan bases. (Image: Action Network)

Genius Sports Jumps Into Free-to-Play Games Space with FanHub Acquisition

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Sports betting data provider Genius Sports (NYSE:GENI) is entering the free-to-play (F2P) games arena with the purchase of FanHub Media Holdings. Genius Sports CEO Mark Locke speaking at a conference. His company is buying FanHub Media Holdings. (Image: Twitter) Financial terms of the deal, which was announced today, weren’t disclosed. London-based Genius didn’t say if

DraftKings Stock Gets Modest Boost from Cowen Upgrade

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DraftKings (NASDAQ:DKNG) stock is trading modestly higher Monday with the help of a sell-side upgrade. DraftKings CEO Jason Robins pictured above. Research firm Cowen sees appreciation coming for the stock. (Image: Getty Images) Cowen analyst Stephen Glagola boosted his rating on the daily fantasy sports (DFS) provider to “outperform” from “market perform,” while lifting his

DraftKings Stock Sagging, But Guggenheim Sees Upside Coming

draftkings-stock-sagging,-but-guggenheim-sees-upside-coming

DraftKings (NASDAQ:DKNG) stock is mired in a slump. But that’s not preventing some analysts from sticking with or starting new bullish outlooks on the name. A DraftKings sign in Boston. Guggenheim analyst Curry Baker sees big upside for the stock. (Image: Boston Globe) Guggenheim analyst Curry Baker initiated coverage of the sportsbook operator today with

Japan Reportedly Mulling Sports Betting Expansion by 2024, Could Be $65B Market

japan-reportedly-mulling-sports-betting-expansion-by-2024,-could-be-$65b-market

Japanese policymakers are rumored to be holding internal talks about expanding the country’s regulated sports betting offerings to include the popular baseball and soccer leagues — a move that, if made, could result in a sports wagering market worth an estimated $65 billion. Scenes from Japan’s Nippon Professional League. The country is rumored to be

DraftKings Media Grows with Dan Le Batard Podcast, Needham Analyst Bullish

draftkings-media-grows-with-dan-le-batard-podcast,-needham-analyst-bullish

DraftKings (NASDAQ:DKNG) continues moving further into the media landscape, announcing today it reached a content distribution agreement with Meadowlark Media. Meadowlark Media is the owner of Dan Le Batard’s network of shows. Podcast host Dan LeBatard pictured during a show above. DraftKings is partnering with him to reach more bettors. (Image: Sporting News) Financial terms

Entain Ups Tabcorp Takeover Offer to $2.7B, Eyes Dominant Australia Perch

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Entain Plc (OTC:GMVHY) is making another run at Tabcorp’s betting and media businesses, raising its acquisition bid to $2.7 billion from $2.28 billion. A Ladbrokes betting shop in the UK. Owner Entain increased its takeover bid for Tabcorp. (Image: The Guardian) Both companies confirm the revised proposal. The new offer from UK-based Entain arrives about

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