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DraftKings Is In Two-Horse Race With FanDuel. Competition is Heating Up.

DraftKings lifted its 2024 outlook and announced plans to acquire lottery app Jackpocket for $750 million. ....

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Penn Entertainment Stock Is Dropping. The Costs for ESPN BET Might Be Why.

Penn Entertainment stock fell after the gambling and esports company posted a wider-than-expected loss amid the launch of its new sports betting platform,. ....

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DraftKings Earnings Arrive After Markets Close. Here's What to Watch.

Analysts are expecting online sports-betting firm DraftKings to post fourth-quarter earnings per share of 8 cents. ....

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Penn Entertainment Stock Falls 13% on Investments in ESPN Bet

By Will Feuer Shares of Penn Entertainment fell after the casino operator swung to a fourth-quarter loss, weighed down by bigger-than-forecast investments in. ....

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PENN Entertainment to Launch ESPN Bet in NY After Betting License Acquisition

By Dean Seal PENN Entertainment has agreed to acquire New York mobile sports wagering licenses from Wynn Interactive Holdings, paving the way for the launch. ....

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