Newsfeeds - Spark Newswire

1 minute read

6 Months After Roping In Shaq For Promotions, Wynn Is Reportedly Putting Its Sports Betting App On Sale At Steep Discount

Today, 8:41 AM

Wynn Resorts, Limited (NASDAQ: WYNN) is reportedly selling its online sports betting unit Wynn Interactive at a steep discount.

AUS

3 minute read

How The Net Asset Value Is Still In Place For SPACs With Terminated Deals

By Chris Katje

Today, 8:41 AM

Along with the hundreds of announced SPAC mergers and closed deals in 2021 came a handful of SPAC deals that were terminated. Here’s a look at what it means for the SPACs that called off mergers.

AUS

2 minute read

Wynn CEO Leaving, SPAC Deal Called Off: Is A Buyout Coming?

By Chris Katje

Today, 8:41 AM

Two recent items for a casino stock could signal a buyout coming. Here are the details to consider.

APO

2 minute read

9 Stocks To Watch As New York Announces Winning Sports Betting Operators

By Chris Katje

Today, 8:41 AM

The state of New York has been one of the most followed for pending approval of sportsbook operators as the state works to launch mobile and online sports betting in the future. The state announced Monday the winning companies for licenses and more details.

AUS

1 minute read

Legal
News

Watching Sports Betting Stocks; Sports Betting Reporter Ryan Butler Tweets ‘New York as early as this week is expected to name at least two groups for online sports betting licenses: the consortium of Bally Bet, BetMGM, DraftKings & FanDuel…’

By Benzinga Newsdesk

Today, 8:41 AM

https://twitter.com/ButlerBets/status/1455649005820686340

AUS

2 minute read

How A Lions Win Over Packers Could Net A Huge Payout From This $25 BetMGM Wager

By Chris Katje

Today, 8:41 AM

A popular sports betting wager is a parlay where a user can place a wager on multiple outcomes all happening. The strategy creates a high risk, high reward situation in most cases with all “legs” of the parlay having to hit for the wager to pay out. The second week of the NFL season could have a massive parlay payout if the Detroit Lions win Monday night.

AUS

3 minute read

Could Spinning Off Online Sports Betting Help Casino Stocks?

By Chris Katje

Today, 8:41 AM

Casino stocks traded down on Tuesday with concerns over how China will regulate casinos in the Macau region. The relationship between casino traffic during and after the COVID-19 pandemic and international relations are having an impact on share prices of stocks.

AUS

2 minute read

Genius Sports Tightens Guidance, Signs More NFL Data Partners: What Investors Should Know

By Chris Katje

Today, 8:41 AM

A leading data provider for sports betting companies announced second-quarter earnings and shared updates on multiple customer partnerships.

AUS

5 minute read

9 Stocks With Shaquille O’Neal Ties

By Chris Katje

Today, 8:41 AM

Shaquille O’Neal is one of the biggest figures for the NBA over the last three decades. During his 19 year National Basketball Association career, O’Neal won four NBA Championships and played for six teams.

AMZN

3 minute read

6 Groups Submit Bids For New York Sports Betting: What Investors Should Know With Cuomo’s Resignation

By Chris Katje

Today, 8:41 AM

One of the most anticipated states to bring online sports betting to its residents remains New York. The state is in the middle of receiving bids from parties for a license, a process that could now get messy with the resignat

AUS