DraftKings outlook tweakedAnalyst Joseph Greff of J. P. Morgan on January 2 looked at DraftKings’ prospects for 2025.“We are tweaking our 4Q24 net revenue and EBITDA estimates lower to $1.375 billion and $68 million (from $1.525 billion and $168 million), which contemplates another unfavorable stret
Online sportsbooks in Wyoming brought in a sports betting handle of $22.8 million in November, generating revenues of $3.4 million, according to a report from the Wyoming Gaming Commission. While the sports betting handle fell by almost 6.7 percent from October, revenues increased by nearly 77.6 per
Online sports books in New York state held at only a 7.6 percent clip last month. This meant that a 16 percent increase in handle translated into a revenue gain of just six percent for October.Wagering volume was over $2.3 billion, with the resultant revenue amounting to $176.3 million. This was als
/ THE END /
