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News from the world of sports betting

New Jersey Sportsbooks Take Record Action Despite New York Mobile Start

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New Jersey sportsbooks fared just fine as New York oddsmakers began taking bets online last month. In fact, the Garden State experienced record wagering. Nick Thompson, a New York resident, has regularly crossed the George Washington Bridge into New Jersey to place sports bets on his phone. Despite such mobile betting now live in New

DraftKings Stock Wild Ahead of Super Bowl

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DraftKings (NASDAQ:DKNG) stock is experiencing a turbulent day ahead of Super Bowl LVI and ahead of the company’s fourth-quarter earnings report on Feb. 18. DraftKings’ Las Vegas office, seen above. The stock is proving wild ahead of Sunday’s Super Bowl. (Image: Nevada Independent) Earlier today, the downtrodden stock traded higher by as much as 7.6

South Dakota Mobile Sports Betting Bill Advances, But Hurdles Remain

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South Dakota sports betting is currently limited to retail sportsbooks inside Deadwood gaming parlors and tribal casinos. Legislation introduced in 2022 that has already found support in a Senate committee seeks to expand such gambling to online channels. A historical marker in South Dakota commemorating the Deadwood Main Street location where Jack McCall, who shot

DraftKings Soars Amid Hope Morgan Stanley Upgrade Marks Bottom

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DraftKings (NASDAQ:DKNG) ranks as one of Wednesday’s best-performing gaming equities. It rose on hopes that an upgrade from Morgan Stanley analyst Thomas Allen marks an end to a long-running slide for the online sportsbook operator. DraftKings ads in New York City’s Time Square, seen above. The stock is on pace for its showing since September

Fox Earns Analyst Upgrade on Sports Betting Potential

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Media giant Fox Corp. (NASDAQ:FOX) landed an upgrade today from UBS on the broadcasting giant’s sports betting potential, which may not be fully appreciated by investors at this point. The FOX NFL Sunday crew in studio in 2017. An analyst raised his rating on the media company, citing its sports betting opportunity. (Image: FOX Sports)

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