DraftKings

Media & Entertainment

Billionaire Fertitta Gambles on Caesar’s in Debt-Laden, $17.6 Billion Deal

Photo via IMAGO/Zoonar/Marco Brivio/IMAGO/Zoonar/Newscom

Analysts at Jefferies wrote Thursday that the closure of the Tillman deal could “act as a catalyst” for more M&A in the gambling sector.

2 min read

Photo by Pixabay via Pexels

Markets

Midday Market Brief: The Nasdaq Touches a New High

Investors are getting activated after a long weekend, but they were still able to push the tech-heavy index to a new peak.

2 min read
Photo by Hank Paul via Unsplash

Consumer

As Scandals Mount, Sportsbooks Team Up to Tackle ‘Problem Gambling’

The biggest names in the business say they’ll spend $20 million to form a group to encourage responsible gambling.

2 min read
Photo by Chad Davis via CC BY 2.0

Media & Entertainment

Legendary Short Seller Sees DraftKings as a Betting Favorite

Jim Chanos admits he completely missed the point about sports gambling in America. Nobody cares how much they lose.

1 min read

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