Sports Betting

Polymarket Pursues Funding to Triple Valuation Amid Growing Interest

Polymarket is raising funds to triple its valuation to $3 billion, driven by activity during the 2024 US election.

Socios Europe Services Limited Achieves MiCA Authorization for Sports Crypto Market

Socios Europe Services Limited is the first sports-focused platform authorized under MiCA, enhancing access to crypto-asset services for fans.

Third Circuit Considers CFTC's Regulatory Authority Over Sports Prediction Contracts

The Third Circuit is reviewing CFTC's regulatory power over sports prediction contracts, impacting platforms like Kalshi and Polymarket.

Genius Sports Stock (GENI): Growing Investor Confidence

Genius Sports gains visibility with Russell 3000 inclusion and posts strong Q1 results, indicating positive growth ahead.

Rush Street Interactive Stock (RSI): JPMorgan Issues Neutral Rating Amid Strong Earnings Growth

Rush Street Interactive (NYSE:RSI) earns a Neutral rating from JPMorgan. Despite a 52% YoY stock surge and 21% revenue growth, regulatory risks and insider selling raise caution.

Foot Locker Stock Gains on Rating Upgrade

Foot Locker's stock is up after a rating upgrade. With a better product mix and an earnings report approaching, the future looks interesting.

DraftKings Lowers 2024 Revenue Outlook

DraftKings revised its 2024 revenue and profit forecasts downward, impacting shares following a slight miss in third-quarter earnings.

Are sports betting companies a good investment?

Thanks to changes in the law, sports betting is becoming more popular than ever. We look at whether or not sports betting companies as a good investment

Bull vs. Bear: what’s the outlook for DraftKings? ($DKNG)

DraftKings is subject to a damning short-seller report by Hindenburg Research. Can its share price recover and retrace former highs or is it set to plummet?