sports betting
In a decisive move that could reshape the landscape of digital wagering, Senators Adam Schiff (D-CA) and John Curtis (R-UT) introduced the "Prediction Markets Are Gambling Act" on March 23, 2026. The bipartisan legislation aims to strip the Commodity Futures Trading Commission (CFTC) of its authority to oversee
DraftKings
In a display of remarkable relative strength against a backdrop of heightened global volatility, shares of DraftKings Inc. (NASDAQ: DKNG) surged 7.0% on Monday, March 23, 2026. The rally was sparked by a forceful reiteration of an 'Outperform' rating from Citizens JMP Securities, which maintained a price
Sportradar
ST. GALLEN, Switzerland — Sportradar (NASDAQ: SRAD) finds itself in a paradoxical position today, March 3, 2026, after reporting record-breaking financial results for the 2025 fiscal year while simultaneously watching its market valuation contract. Despite achieving an all-time high revenue of €1.29 billion and announcing a massive expansion of its
DraftKings
The high-stakes world of online gaming met a harsh reality check on Friday as shares of DraftKings Inc. (Nasdaq: DKNG) plummeted 13.4%, wiping out billions in market capitalization in a single trading session. The sell-off came despite the Boston-based operator reporting its first-ever year of positive net income in
DraftKings
BOSTON — In a move that left Wall Street scratching its head, DraftKings (NASDAQ: DKNG) reported a blowout fourth-quarter performance today, February 13, 2026, featuring profits that nearly tripled analyst expectations. However, the celebration was short-lived as a "conservative" and disappointing revenue guidance for the 2026 fiscal year sent