Gambling
Search documents
DraftKings CEO Jason Robins goes one-on-one with Jim Cramer
CNBC TelevisionΒ· 2025-08-06 23:52
Financial Performance - DraftKings reports an impressive quarter with revenue growth accelerating to 37% and better-than-expected earnings [1] - The company achieved a record adjusted EBITDA quarter, more than double its previous highest [4] - DraftKings sees revenue near the high end of its guidance range [2] - The company's revenue exceeded $300 million for the first time [5] Business Growth & Strategy - DraftKings is experiencing growth and is starting to make real profit [6] - The company has an increase in year-over-year players and spend per player [7] - DraftKings views daily fantasy as clearly legal under California law and will work with regulators [15] - DraftKings is working with congressional members to address gambling tax implications [17] Market Dynamics & Future Outlook - The Eagles are the second most bet-on team, just behind the Lions [8] - Someone placed a $25,000 bet on the Raiders to win the Super Bowl with a $25 million payout [9] - The industry anticipates that most states will eventually legalize sports betting [19][21]
X @The Economist
The EconomistΒ· 2025-08-06 01:20
Industry Impact - A 330-page bill clause may eliminate professional gambling [1]
X @IcoBeast.ethπ¦π
IcoBeast.ethπ¦πΒ· 2025-08-03 00:03
Tbh probably doesnβt help that I literally know nothing about charting and just vibe trade.Itβs gambling π€ ...
X @TylerD π§ββοΈ
TylerD π§ββοΈΒ· 2025-07-29 19:32
I know nothing about birds yet I feel incredibly compelled to gamble on this latest Myriad market https://t.co/96HnqwGra7 ...
X @Starknet πΊπ±
Starknet πΊπ±Β· 2025-07-21 09:41
Social Media Observation - The tweet suggests a potential observation or commentary on gambling behavior, specifically referencing "grandmas" [1] Potential Industry Implication - The content, while brief, could be relevant to the gambling industry if it reflects a trend or sentiment regarding a specific demographic's engagement with gambling activities [1]
X @The Economist
The EconomistΒ· 2025-07-14 18:40
A seemingly modest clause deep in the 330-page bill appears poised to wipe out professional gambling entirely https://t.co/qJs0HeRnm6 ...
X @The Economist
The EconomistΒ· 2025-07-12 00:20
Industry Impact - A 330-page bill contains a clause that could potentially eliminate professional gambling [1]
X @Bloomberg
BloombergΒ· 2025-07-10 17:54
Industry Trend - The financial markets are becoming a modern avenue for gambling [1] - Sports betting is increasingly integrated into financial markets [1]
'Sweepstakes gaming' faces bans in states: Here's what you need to know
CNBC TelevisionΒ· 2025-07-10 12:30
In a world with no sure bets, uh it seems safe to say that the interest in gambling will keep growing. Uh Contessa, the sweep stakes is back. What.Well, you know, look, we are watching the growth in the gambling landcape just morph and change around the United States. It's a it's happening at a dramatic pace with ways to wager that go way beyond a sports book or a slot machine. For instance, you have Joe these sweep stakes gaming where players use virtual coins, but they can also buy in with real money to p ...
Prediction markets have become a barometer for investors, says WSJ's Gunjan Banerji
CNBC TelevisionΒ· 2025-07-10 11:54
Wall Street Journal's Gunjan Banerjee is also a CNBC contributor and joins me now. I'm looking right now on Koshi's homepage, Gungeon, and the trending topics because predictions are more than just about sports, which is not a settled issue, but how high will Bitcoin get this month. 33% say 120 or above.We're getting closer. The New York City mayoral race. In what way do you think predictions and the rise of the predictions markets might give investors another data point to consider.Thanks Contessa. You kno ...