Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Sportsbook"


25 mentions found


FLORHAM PARK, N.J. (AP) — The New York Jets' playoff hopes could get a big boost with a victory Sunday. The Jets (4-7) are mired in a four-game skid that has them second-to-last in the AFC, ahead of only the division rival Patriots (2-9). “I feel like the playoffs are always from Week 1 all the way through,” coach Robert Saleh said Friday. But it can’t be how you live.”Rodgers had his 21-day practice window started Wednesday and he was limited in his return. He has had his sights set on returning for the Jets' home game against Washington on Dec. 24, but wouldn't rule out a return before then.
Persons: Aaron Rodgers, Robert Saleh, it's, Rodgers, Saleh, , ” Saleh, ” Rodgers, Garrett Wilson, Aaron, FanDuel Sportsbook, “ We've, Dalvin Cook, Israel Abanikanda, Cook, Abanikanda, Wes Schweitzer, Kenny Yeboah, ___ Organizations: New York Jets, The Jets, AFC, Patriots, Falcons, Jets, Washington, New, RBs Breece Locations: FLORHAM, N.J, New York
ATLANTA (AP) — The Southeastern Conference is the only league to claim a spot — sometimes two spots — in every College Football Playoff. 1 Georgia in the SEC championship game Saturday. The Pac-12 appears assured of a playoff team in its swan song of a season with No. Should Texas win — and Alabama beat Georgia — the Horns would certainly have a pretty good case for a playoff spot. “I’ll also point candidly to the realities when the SEC teams have entered the College Football Playoff format, our success is unparalleled,” Sankey said.
Persons: , SEC hasn't, Nick Saban, ” Saban, , we’d, FanDuel, Greg Sankey, ” Sankey, we’ve, Kirby Smart, , “ I’ll, ___ Organizations: ATLANTA, Southeastern Conference, College Football, SEC, Alabama, Crimson Tide, Bulldogs, Big, Wolverines, Washington, Florida State, Seminoles, Atlantic Coast Conference, Georgia, Oklahoma State, Texas, Power, eventual, Ohio State, College, AP Locations: Georgia, Atlanta, Michigan, Iowa, Oregon, Louisville, Alabama, Texas
BetMGM CEO Adam Greenblatt knows Fanatics and ESPN Bet are looking to eat his lunch. However, it has lost some ground, hovering around 15% market share in the third quarter compared to about 20% a year earlier. And a new crop of competitors including Fanatics and Penn Entertainment's ESPN Bet are vying for its position. "Everyone's kind of fighting for that third and fourth spot," Macquarie gambling analyst Chad Beynon told Business Insider in September. Online casino gaming, also known as igaming, is legal in only a handful of US states and has expanded slower than legal sports betting.
Persons: Adam Greenblatt, BetMGM, Penn, Macquarie, Chad Beynon, Greenblatt, We've, we're, Entain, we've, we'll, " Greenblatt, it's Organizations: ESPN Bet, Krejcik, MGM Resorts, Business, BI, MGM, Detroit Lions Locations: North America, Borgata's, Atlantic City, Michigan
FanDuel Sportsbook on Sunday listed Iowa as a 22 1/2-point underdog for Saturday night's game in Indianapolis. “Yeah, we’ve been here before,” coach Kirk Ferentz said Sunday. Iowa began the season with a number of players suspended and facing legal action for underage sports wagering. Offensive coordinator Brian Ferentz, son of Kirk Ferentz, was told by the athletic administration a month ago that he would not return next season. “Rings from my ears, Bo Schembechler — the team, the team, the team,” Harbaugh said.
Persons: Sportsbook, we’ve, Kirk Ferentz, “ We’ve, We’ve, Jim Harbaugh, Chris Partridge, Cade McNamara, Luke Lachey, Erick All, Cooper DeJean, Brian Ferentz, Ferentz, we've, ” Harbaugh, Sherrone Moore, Sarah, Rod Moore's, Harbaugh, Bo Schemechler's, Bo Schembechler, Organizations: Big, Hawkeyes, Saturday, Wolverines, Iowa, Purdue, College Football, West, Harbaugh, Nebraska, Ohio State, AP Locations: Iowa, Michigan, Indianapolis, ” Michigan, Chris Partridge . Iowa
Michigan coach Jim Harbaugh is ready to take less money if it means college football players and other athletes would be paid. “For the players to be compensated, I'm using my voice, and I would take less money for the players to have a share. I hope other coaches would use their voice to express the same thing," Harbaugh said Sunday. Athletes are able to make money from their name, image and likeness, but are not paid directly by schools. He will be back on the sideline this week when the Wolverines (12-0) try for their third straight Big Ten championship.
Persons: Jim Harbaugh, Harbaugh, Zak Zinter, , ” Harbaugh, , , FanDuel, ___ Organizations: , Big, Iowa, Wolverines, Ohio State, AP Locations: Michigan, Indianapolis, Ohio
Alabama's national championship hopes came down to fourth-and-31 with a loss and some less dramatic close calls along the way. 1 and had a much less treacherous path to the Southeastern Conference Championship Game meeting of powerhouses Saturday in Atlanta despite some key injuries. It has certainly been the case for this team, which hasn't had the seemingly smooth path as some of his six Alabama national championship teams. It's the third time Saban and Smart have met in the SEC Championship Game, with Saban winning the first two. But on their last meeting, Georgia rallied for a 33-18 victory in the national championship game in January 2022.
Persons: Isaiah Bond, , Milroe, , Nick Saban, ” Saban, hasn't, Kirby Smart, ” Smart, They’ve, FanDuel, Saban, Brock Bowers, Rara Thomas, Tate, Smart, Bowers, soreness, Jase McCellan Organizations: Georgia Bulldogs, Southeastern Conference, Bulldogs, SEC, Georgia Tech, Auburn, Alabama, Saban, South, Georgia, Ladd, Yellow Jackets, Iron Bowl, College Football, AP Locations: Atlanta, Texas, Alabama, Georgia, South Florida
Pro Picks is a weekly column where AP Pro Football Writer Rob Maaddi shares his picks for upcoming games. Political Cartoons View All 1265 ImagesJared Goff bounced back from three picks to lead Detroit to a comeback win over Chicago last week. Jordan Love rallied the Packers to a comeback win last week over the Chargers. COWBOYS, 31-16SAN FRANCISCO at SEATTLELine: 49ers minus 7The 49ers (7-3) are healthy and back to playing at a championship caliber. VIKINGS, 24-21Last week: Straight up: 8-6.
Persons: Rob Maaddi, Jared Goff, Jordan Love, FanDuel, Kenny Pickett, Jake Browning, Joe Burrow, it’ll, Josh Allen, Geno Smith, Tua, Aaron Rodgers, Tim Boyle, Zach Wilson, Mac Jones, Bailey, Tommy DeVito, QB C.J ., DeMeco Ryans, Desmond Ridder, Derek Carr, Winston, Bryce Young, Carolina’s, Shaquille Leonard, Patrick Mahomes, They’ve, Aidan O’Connell’s, Kyler Murray, QB Dorian Thompson, Robinson, Myles Garrett, Russell Wilson, Mark Andrews, Justin Herbert can’t, Joshua Dobbs, Justin Field, ___ Organizations: AP Pro Football, Detroit Lions, Lions, Green Bay Packers, NFC, Chicago, Packers, Chargers, The Packers, Dallas, Washington, San, Seattle, LIONS, PITTSBURGH, CINCINNATI Line, Steelers, Bengals, BEST BET, STEELERS, BUFFALO, PHILADELPHIA, Eagles, Super Bowl, Kansas City, Chiefs, 49ers, Bills, WASHINGTON, DALLAS Line, Cowboys, Philadelphia, Giants . COWBOYS, FRANCISCO, SEATTLE Line, Seahawks, Rams, 49ERS, MIAMI, NEW YORK JETS Line, Dolphins, Jets, DOLPHINS, NEW YORK, Line, Patriots, Giants, PATRIOTS, JACKSONVILLE, HOUSTON Line, AFC South, Jaguars, Texans, JAGUARS, ORLEANS, ATLANTA Line, Falcons, New Orleans . FALCONS, Panthers, Titans, Tennessee, Chicago . TITANS, TAMPA BAY, Pro, Buccaneers, BUCCANEERS, LAS VEGAS, Raiders, CHIEFS, ANGELES RAMS, ARIZONA, Cardinals, RAMS, CLEVELAND, DENVER Line, Broncos, Browns, BRONCOS, LOS ANGELES CHARGERS, Ravens, underachieving Chargers, RAVENS, MINNESOTA, Vikings, Bears, Detroit, VIKINGS Locations: Minnesota, Detroit, San Francisco, Washington, New York, QB C.J . Stroud, New, CAROLINA, TENNESSEE, Chicago, TAMPA, INDIANAPOLIS, KANSAS, BALTIMORE, CHICAGO
NEW YORK (AP) — The NBA, NHL and Major League Baseball have joined forces to produce a 30-second ad promoting responsible sports betting. The “Never Know What’s Next” commercial unveiled Tuesday is a coordination of the three leagues, sportsbook operators DraftKings, Fanatics, PENN Entertainment and the National Council on Problem Gambling. The ad’s message is to remind betters to set betting limits and gamble responsibly. It’s set to air during the Cleveland Cavaliers-Philadelphia 76ers in-season tournament game on TNT and on the leagues’ social media channels. Political Cartoons View All 1260 Images___AP sports: https://apnews.com/sports
Persons: , Scott Kaufman, Ross, bettors, Keith Wachtel, betters Organizations: NBA, NHL, Major League Baseball, PENN Entertainment, National Council, MLB, Cleveland Cavaliers, Philadelphia 76ers, TNT
Zoom Video Communications — The software stock added nearly 2% ahead of its third-quarter earnings due after market close. The Professional Fighters League announced on Monday that it completed its acquisition of mixed martial arts brand Bellator from Paramount. Penn Entertainment — The gambling stock jumped 7% on the heels of a Bank of America upgrade to buy from neutral. Boeing — The aerospace stock jumped 4% after Deutsche Bank upgraded the shares to a buy rating from hold. Chegg — Shares of the education technology company dropped 5% following a downgrade to underweight from equal weight by Morgan Stanley.
Persons: Wells, Sam Altman, Greg Brockman, Raymond James, Morgan Stanley, Krispy Kreme, Iovance, Goldman Sachs, Terri Kelly, Kelly, Peter Grom, , Alex Harring, Yun Li, Lisa Kailai Han, Sarah Min, Michelle Fox Organizations: Communications, FactSet, Paramount, Professional Fighters League, Bellator, Penn Entertainment, Bank of America, ESPN Bet, Spectrum Brands, Microsoft —, Microsoft, Nvidia, Boeing, Deutsche Bank, JPMorgan, Caterpillar —, HSBC, United Rentals — United Rentals, Bristol Myers, Energizer Holdings, UBS, RBC Capital Markets Locations: FactSet
ET: Bank of America upgrades Penn Entertainment to buy Shares of Penn Entertainment could take off with the company's new initiative, according to Bank of America. ET: Deutsche Bank upgrades Boeing, says free cash flow will boost shares Deutsche Bank thinks there's a bright future ahead for Boeing . And if that's correct, then the momentum on deliveries should carry through to a positive inflection in FCF revisions," wrote analyst Scott Deuschle. Bank of America analyst Alex Vrabel downgraded the electric vehicle charging firm to neutral from buy. "FUN management has achieved more consistent execution, which should translate well to SIX rich asset based structure," wrote analyst David Katz.
Persons: Shaun Kelley, Kelley, Lisa Kailai Han, Scott Deuschle, Deuschle, — Lisa Kailai Han, Caio Ribeiro, Riveiro, Alex Vrabel, Wolfe, Shreyas Patil, Vrabel, Wolfe Research's Patil, Jefferies, David Katz, John Ivankoe, Krispy, Fred Imbert Organizations: CNBC, Deutsche Bank, Boeing, JPMorgan, Bros, Bank of America, Penn Entertainment, ESPN Bet, Atlantic City, PENN, Vale, VALE, Wolfe Research Bank of America, Wolfe Research, ChargePoint, Jefferies, Six Flags, Cedar, Flags, Fair, North, Dutch Bros Locations: Chicago, Tunica, Atlantic, PENN, Bank, North America
Check out the companies making the biggest moves in premarket trading: Boeing — The aerospace stock added 1.5% following an upgrade to buy from hold by Deutsche Bank. PENN Entertainment — The gambling stock popped 4.4% on the back of a Bank of America upgrade to buy from neutral. The Food and Drug Administration won't be able to meet to make a decision by the target date of Dec. 16. Krispy Kreme — Shares of the doughnut chain slipped 1.8% following a downgrade by JPMorgan to neutral from overweight. Vale — U.S.-listed shares of the Brazil-based metal and mining company added 2.6% following an upgrade by Bank of America to buy from neutral.
Persons: Sam Altman, Cantor Fitzgerald, Bristol Myers, Krispy, Krispy Kreme, Goldman Sachs, Iovance, Morgan Stanley, Terri Kelly, Kelly, , Sarah Min, Alex Harring, Michael Bloom Organizations: Boeing, Deutsche Bank, Microsoft, PENN Entertainment, Bank of America, ESPN Bet, Myers, Drug Administration, Bristol, JPMorgan, Bros, Rentals, United Rentals Locations: Bristol, Vale — U.S, Brazil
In other words, ESPN Bet has arrived. The companies announced in August their collaboration, with the operator selling its stake in Barstool Sports to rebrand Barstool Sportsbook as ESPN Bet. Screenshots from the ESPN Bet app. Providing easy transitions between the ESPN and ESPN Bet apps is a key focus to drive that metric, he added. — ESPN BET (@ESPNBet) November 10, 2023The move has given ESPN Bet an advantage on social media with 5.4 million followers on X, 2.7 million on Facebook, and 2.4 million on Instagram.
Persons: It's, Jay Snowden, Mike Morrison, Morrison, Scott Longley, DraftKings, Penn, Snowden, Jimmy Pitaro, Pitaro, I'm, cohesively we've, Keys, Fubo Sportsbook, Maxim Bet, it's Organizations: ESPN Bet, ESPN, Penn Entertainment, Sports, Business, Apple, Caesars, Penn, ESPN Penn, TheScore, Fox, Maxim, Yahoo, Walt Disney Company, ESPN BET, Facebook Locations: Penn, Las Vegas
LAS VEGAS (AP) — The visuals of the world-famous Strip expected to emerge from the Las Vegas Grand Prix on Saturday night has enticed sports bettors so much that the event is expected to set Formula One and motor sports wagering records. “Race weekend in Las Vegas has the potential to shatter every company record for the sport,” BetMGM chief revenue officer Matt Prevost said in a statement. Pullen said races typically draw bettors especially interested in that circuit, but Las Vegas is attracting more of the casual or cross-over gambler. “It'll blow away NASCAR,” Pullen said. The trend is similar at Caesars, with Verstappen going from minus-250 to minus-225 “and slowly coming down and down,” Pullen said.
Persons: , Adam Pullen, “ It’s, ” That's, Matt Prevost, Carlos Sainz Jr, Pullen, ” Pullen, it's, Max Verstappen, FanDuel, bettors, Organizations: LAS VEGAS, Las Vegas, Caesars Entertainment, Formula, Vegas, NASCAR, Caesars Locations: Las Vegas, U.S, East Coast, United States, Vegas, BetMGM, Saudi Arabia, Singapore, Azerbaijan
NEW YORK (AP) — ESPN Bet, a rebranded sports-gambling app owned by Penn Entertainment, is set to launch Tuesday. Under the agreement, Penn will operate ESPN Bet while ESPN promotes the app across its online and broadcast platforms. It's unclear when ESPN Bet will officially be available to download. In addition to the $1.5 billion licensing deal, Penn also said it would grant ESPN rights worth about $500 million to purchase shares in Penn. The upcoming launch of ESPN Bet could take Walt Disney Co.-owned ESPN into uncharted waters.
Persons: Penn, Dave Portnoy Organizations: ESPN Bet, Penn Entertainment, ESPN, Penn, Sports, Walt Disney Co Locations: — Arizona, Colorado , Illinois , Indiana , Iowa , Kansas , Kentucky, Louisiana , Maryland , Massachusetts, Michigan , New Jersey , Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, Penn
ATLANTIC CITY, N.J. (AP) — Five Atlantic City casinos and a horse racing track are forfeiting over $77,000 worth of money won by underage gamblers or those who had placed themselves on a list to be excluded from gambling activities. The forfeited money will go to the state to be used for programs to treat compulsive gambling, as well as on programs benefiting senior citizens and those with disabilities. The Ocean Casino Resort forfeited over $7,500; Bally's forfeited over $5,600; Freehold Raceway forfeited over $4,400; the Golden Nugget forfeited over $4,200; and Harrah's forfeited nearly $900. Collectively, they have won more than $4.2 billion from gamblers through the first nine months of this year. But they do indicate ongoing enforcement of regulations by which all casinos and gambling operations must operate.
Persons: DraftKings, Bally's, Harrah's, Wayne Parry Organizations: CITY, Atlantic City, Rush, Interactive, of Gaming Enforcement, Resorts, Casino Resort, Freehold Raceway, Golden Nugget, Atlantic Locations: N.J, New Jersey, www.twitter.com
The heavyweight championship clash instead got KO’d. The UFC heavyweight champ needed surgery and was off the card. 4 Tom Aspinall for the interim heavyweight championship in a late add to the card. The fight for the vacant light heavyweight title between Jiri Procházka and Alex Pereira was bumped to the main event. UFC President Dana White said it would have been “complete disrespect” to offer Miocic an interim title fight.
Persons: Conor McGregor, Georges St, Pierre, Daniel Cormier, Jon Jones, Stipe Miocic, Jones, Sergei Pavlovich, Tom Aspinall, Jiri Procházka, Alex Pereira, Jessica Andrade, Mackenzie Dern, Aspinall, Pereira, Israel Adesanya, ” Aspinall, Gane, Miocic, Dana White, , Pavlovich, Procházka, Glover Teixeira, ” Procházka, , hasn’t, “ I’m, ___ Organizations: Madison, MMA, UFC, Broadway, MSG, , Adesanya Locations: Brazilian, Adesanya, it’s, British
ESPN and Penn Entertainment gave on November 9 a first look at their new ESPN Bet app. Execs from both companies shared how the partnership will elevate each of their brands. Here are six ways Penn plans to leverage ESPN's brand and audience to elevate the sportsbook. ESPN and Penn Entertainment unveiled on November 9 a first look at their upcoming sports-betting app, ESPN Bet. Ahead of the app's November 14 launch, ESPN's vice president of sports betting and fantasy Mike Morrison and Penn's president and CEO Jay Snowden discussed at the ESPN Edge conference in New York how the sportsbook will leverage ESPN's iconic brand in hopes of shaking up the sports betting landscape and giving Penn an edge in the market.
Persons: Penn, Mike Morrison, Jay Snowden Organizations: ESPN, Penn Entertainment, ESPN Bet, ESPN Edge, Penn Locations: New York
The daily-fantasy-sports company, which European gambling giant Flutter Entertainment had acquired, was racing to introduce its "same-game parlay" to the US. The same-game parlay, a phrase FanDuel coined, has since caught fire, meshing well with the high-scoring, stat-driven, athlete-personality focus of US sports — and propelled FanDuel to the forefront of the betting market. "The same-game parlay was the right product in the right market at exactly the right time." Every sports-betting operator, from DraftKings to newcomer Fanatics, now has or is building its version of the same-game parlay. After the NBA resumed play in July 2020, the same-game parlay grew from 5% to 10% of FanDuel's bets, Farren said.
Persons: FanDuel, Scott Longley, parlay, Conor Farren, FanDuel's, DraftKings, Entain, parlays, Longley, would've, John Maguire, Maguire, isn't, LeBron James, Jalen Rose, Sportsbet, Paddy Power Betfair, Farren, It's, Ben Hider, Penn Organizations: NFL, Krejcik, Houston Rockets, Los Angeles Lakers, Australian Football League, Australian rugby, NBA, ESPN Bet, FanDuel, Industry Locations: DraftKings, Melbourne, Australia, England, FanDuel
RICHMOND, Va. (AP) — Voters in Virginia's capital city are deciding Tuesday whether developers can move forward with a proposed $562 million resort casino along Interstate 95. A ballot measure on whether to allow the gambling and entertainment complex is before Richmond voters for a second time, after the city narrowly rejected the proposal two years ago. Many of the anti-casino signs that dotted the city in recent weeks have emphasized the fact that the city already said “no” once before. Boosters estimate the casino will deliver 1,300 permanent jobs, and developers are promising big financial benefits. An agreement with the city calls for a one-time upfront $25.5 million payment if the referendum passes, with another $1 million after financing closes.
Persons: Levar Stoney, , Tierra, Paul Goldman, Goldman, They’re, trashing, ” Goldman Organizations: , Richmond, Richmond Grand, Urban, Kentucky Derby, Democratic Party, Locations: RICHMOND, Va, Virginia's, Richmond, Churchill Downs, Louisville, Tierra Ward, Virginia, Bristol, Portsmouth, Danville, North Carolina, Norfolk
Fortinet — Shares dropped 23.1% after the cybersecurity company missed earnings expectations and gave a weak outlook for the current quarter. Fortinet posted $1.33 billion in revenue for the third quarter and said to expect between $1.38 billion and $1.44 billion in the current quarter. Both underwhelmed analysts polled by LSEG, who anticipated $1.35 billion in revenue for the third quarter and a current-period estimate of $1.5 billion. Revenue for the third quarter came in at $285.9 million, above the $275 million forecast from analysts polled by FactSet. Meanwhile, the company saw adjusted EBITDA at $6.1 million, while analysts had anticipated a loss of $0.6 million.
Persons: Fortinet, LSEG, Block, Bill Holdings, Bill, Expedia, Nation's, Taylor Swift, FactSet, Carvana, , Wall, Uber, Jesse Pound, Yun Li, Michelle Fox Organizations: Apple —, Paramount, LSEG, Holdings, Revenue, FactSet, & $
The growth of online sports betting and casino gaming across the U.S. has led to soaring revenue for sportsbook companies, but an already crowded race for consumers' dollars is about to get more competitive. Its success, which sent shares more than 16% higher Friday, came not only from sports betting, but also from online versions of casino games. Revenue is expected to grow yearly by 17.3% to reach a projected market volume of $14.4 billion by 2027. Meanwhile, despite being legal in just six states, revenue in the online gaming market is projected to reach $19.1 billion in 2023, according to Statista data. Revenue for online gaming is projected to grow 12.9% yearly and hit $31.1 billion by 2027.
Persons: It's Organizations: Caesars, MGM, Walt Disney Company, ESPN BET, Revenue Locations: U.S
The NBA's In-Season Tournament starts Friday, after years of planning by Commissioner Adam Silver to have a second trophy for teams to compete for during the season. All games on the schedule those nights are tournament games. There are six five-team groups; teams play the other four teams in their group once. There are 14 teams that will begin play Friday and 13 teams will get their first tournament games in on Nov. 10. Every game in the tournament counts as one of the 82 regular-season games that all teams will play this season.
Persons: Gregg Popovich, Victor Wembanyama, Popovich, , Adam Silver, He's, ” Popovich, , They've, they’ve, Jacque Vaughn, I’m, Walter Brown, FanDuel, ___ Organizations: Spurs, NBA, Orlando, Atlanta, Toronto, Detroit . East, Charlotte . East, Orlando . West, Los Angeles Lakers, Portland . West, Denver, Los Angeles Clippers, Houston . West, , Celtics, Boston Garden, Lakers, Golden State Locations: Las Vegas, Philadelphia, Cleveland, Atlanta , Indiana, Detroit, Milwaukee , New York, Miami, Washington, Charlotte, Boston, Brooklyn, Toronto, Chicago, Orlando, Memphis, Phoenix, Utah, Portland, New Orleans, Dallas, Houston, Sacramento, Golden State , Minnesota, Oklahoma City, San Antonio, ” Brooklyn, Milwaukee, Denver
Currently, 35 states and Washington, D.C., have legal sports betting, according to the AGA. Fanatics, the Michael Rubin-founded sports merchandise company, acquired the U.S. operations of PointsBet after a several-year pursuit of an entry to the sports betting market. "These are partnerships that we've been building up for years long before online sports betting was legal in the states." And oh, by the way, you're spending a lot of money making sure that again, you can responsibly bring consumers to your platform," Howe said. Hear how CEOs from Target, FedEx, Kraft Heinz, FanDuel and more are adapting, innovating and transforming in this new era of business.
Persons: FanDuel, Michael Rubin, Amy Howe, CNBC's Contessa Brewer, you've, Howe, there's, we've, It's, Kraft Heinz Organizations: Supreme, American Gaming Association, D.C, Caesars, Disney, ESPN, ESPN Bet, Penn Entertainment, CNBC's, CNBC, FanDuel, Ticketmaster, NFL, NBA, MLB, NHL, Google, Target, FedEx, Kraft Locations: U.S, Washington, PointsBet
Sports betting company DraftKings on Thursday posted quarterly revenue that came in ahead of analysts' expectations as the company rises to the top of the highly competitive online gambling industry. DraftKings reported 2.3 million monthly unique payers in the third quarter, representing a 40% increase year over year. Last month, DraftKings overtook rival sportsbook FanDuel for the first time in market share to become the leader in the U.S. online gambling market, according to market research firm Eilers & Krejcik Gaming. DraftKings accounted for about 31% of online gambling revenue in the third quarter, through Aug. 23, while FanDuel's market share fell to 30%, according to Eilers & Krejcik. For its fiscal 2024, DraftKings expects revenue of $4.50 billion to $4.80 billion.
Persons: Stephon Gilmore, DraftKings, Jason Robins, sportsbook FanDuel Organizations: New England Patriots, Sports, DraftKings, LSEG, Revenue, Krejcik, CNBC PRO Locations: Foxborough , Massachusetts, Kentucky, Maine, North Carolina, Ontario, Canada, U.S
RIYADH, Saudi Arabia (AP) — Former UFC champion Francis Ngannou shockingly went the distance in his boxing debut early Sunday morning, even knocking down reigning WBC heavyweight champion Tyson Fury at one point, but Fury remained undefeated after winning a split decision. Two judges gave Fury the fight by scores of 96-93 and 95-94, and the other judge favored Ngannou 95-94. Good thing for Fury, because Ngannou showed early in the scheduled 10-round fight that he wasn't going anywhere. Ngannou staggered Fury early in the fourth, but Fury stayed on his feet and the rest of the round was fairly even after that. Former heavyweight champion Mike Tyson, who also made the trip to Saudi Arabia, helped Ngannou get ready for his boxing debut.
Persons: , Francis Ngannou, Tyson Fury, Fury, Ngannou, Ngannou's, FanDuel, “ Francis, Francis, , Kanye West, Eminem, Cristiano Ronaldo, Conor McGregor, Sugar Ray Leonard, Manny Pacquiao, Brit, Lil Baby, Becky G, Mike Tyson, Ngannou hasn't, Ciryl Gane, Dana White, Oleksandr Usyk, Fabio Wardley, David Adeleye, John Latham, Adeleye, Latham, ___ Organizations: UFC, WBC, Ngannou's UFC, WWE, Netflix, Professional Fighters League, PFL, British, Commonwealth Boxing, WBO Locations: RIYADH, Saudi Arabia, Ngannou, Riyadh, Cameroon, Las Vegas, Ukrainian
Total: 25