Best Bets for the Indy 500
Get ready for the upcoming Indy 500 race with the best bets for top contenders like Santino Ferrucci, Felix Rosenqvist, and Kyffin Simpson. Stay updated with DraftKings odds and enjoy the event responsibly. For more news and updates on the Indy 500 and other racing events, keep following us for all the latest from the world of motorsports.
New York Sports Betting Operators Thrive During 2024 NFL Draft Weekend
FanDuel led the way in New York sports betting during the 2024 NFL Draft weekend, recording $20 million in revenue for the fourth time in five weeks. Despite a slight drop in profits, the market continues to show growth and maturity, with the weekly handle consistently surpassing $400 million. FanDuel reclaimed the top spot from DraftKings, generating a weekly handle of $189.7 million and $21.9 million in revenue. All operators remained profitable, with Caesars, BetMGM, and Fanatics also seeing success in the market.
DraftKings Announces Strong Q4 Results and Raises 2024 Guidance
DraftKings Inc (NASDAQ:DKNG) has announced its financial results for the fiscal fourth quarter, with an increase in guidance for the 2024 year. Despite surpassing earnings per share (EPS) estimates, shares fell in after-hours trading. The company has raised its revenue forecast for fiscal year 2024, projecting a year-over-year growth of 27% to 34%. Additionally, DraftKings plans to acquire Jackpocket in a $750 million deal, signaling strategic expansion. CEO Jason Robins expressed satisfaction with the company’s performance and highlighted positive outcomes in customer acquisition, retention, and engagement. This development has sparked interest in the investment community, positioning DraftKings for substantial market strides.
Connecticut Launches Online Sports Betting with Top Sportsbook Apps
Connecticut has officially launched online sports betting, and sports enthusiasts are eager to explore the top sportsbook apps in the state. If you’re looking to try your luck with CT online sports betting, we’ve got you covered with a roundup…
Barstool Sports in Advanced Negotiations with DraftKings for Sports Betting Deal
Barstool Sports, under the ownership of founder Dave Portnoy, is reportedly in advanced negotiations with DraftKings for a sports betting deal. The potential deal, described as a traditional marketing partnership, would involve Barstool promoting DraftKings odds and benefiting from customer…