Hey, I'm Kramer. Welcome to Mad Money. Welcome to Cra, my friends.I'm just trying to save a little money. My job is not just to entertain, but to teach, explain days like today. So, call me 1800 743 CNBC or tweet me at Jim Kramer.We've been very dismissive of this government shutdown on Wall Street. You know why. Because we've been through so many of them, they usually mean nothing to the stock market.Well, it turns out this one is different. The government's now been closed for 37 days with no sign whatsoe ...

Market to get a little muddier when they reported tonight. Now, DraftKings delivered a pretty sizable revenue miss larger than expected loss for the third quarter. But at the same time, management also slashed full year forecasts for both revenue and earnings before interest, taxes, depreciation and amortization.It looked rough, but I got to get to the bottom of this because I've been recommending the stock because I think that this is the best company in gambling. So let's dig deeper with Jason Robbins. He ...

DraftKings reported revenue and user numbers that missed analysts’ projections at the start of the NFL season and lowered its guidance for the year https://t.co/fiy22vxb7E ...

every industry in finance has been severely disrupted by crypto over the past decade, blockchain rails allow unparalleled composability and transparency for building global coordination systems at scalethe opaque gambling industry has never had a trustless platform that users do not have to worry about frozen withdrawals or unfair randomness until now, @luckio builds from first principles and is solving a problem that crypto uniquely solvesgamble responsibly ☘️☘️Luck.io (@luckio):The industry’s first 99% RT ...

Product Innovation - Luckio introduces industry's first 99% RTP (1% house edge) slots [1] - Maximum win of up to $10 million per spin [1] Technology & Transparency - Every bet is provably fair, non-custodial, publicly auditable and fully transparent [1] - Luckio pioneers a new form of trust-free gambling [1]

Core Insights - PENN Entertainment and ESPN have mutually agreed to terminate their U.S. sports betting contract, effective December 1, 2024, after a partnership that began in August 2023 [1][6]. Group 1: Partnership Details - The partnership aimed to enhance PENN's product offerings and create a cohesive ecosystem with ESPN, but both parties decided to amicably wind down the collaboration [3]. - ESPN's involvement in the sports betting market through this partnership was valued at approximately $2 billion [6]. Group 2: Future Strategy - PENN plans to rebrand its online sports betting (OSB) offering to theScore Bet®, targeting a launch date of December 1, 2025, coinciding with the expected launch of sports betting in Missouri, pending regulatory approvals [4]. - TheScore Bet brand currently operates in Ontario and will leverage connectivity with theScore media app, which has around 4 million monthly active users in North America [4]. Group 3: User Engagement and Transition - ESPN's collaboration with PENN resulted in over 2.9 million new users entering the PENN ecosystem, with a notable increase in first-time bettors during the fall [8]. - All outstanding payments to ESPN will cease in the fourth quarter of 2024, and ESPN will assist PENN in transitioning to theScore Bet [10].

Core Insights - Butler National Corporation (OTCQX: BUKS) presents a unique investment opportunity due to its dual exposure in aerospace and defense as well as the gambling sector [1] Group 1: Company Overview - Butler National Corporation is highlighted as an intriguing company due to its combination of interests in aerospace, defense, and gambling [1] - The company has been under analysis by an experienced aerospace, defense, and airline analyst, who aims to identify investment opportunities within these sectors [1] Group 2: Analyst Background - The analyst, Dhierin-Perkash Bechai, has a background in aerospace engineering and provides data-informed analysis to contextualize developments in the industry [1] - The analyst's investing group, The Aerospace Forum, focuses on discovering investment opportunities in the aerospace, defense, and airline industries [1]

Core Insights - Butler National Corporation (OTCQX: BUKS) is highlighted for its unique combination of exposure to both aerospace and defense sectors as well as the gambling industry [1] - The company has been under analysis by an experienced aerospace, defense, and airline analyst, who aims to identify investment opportunities within these sectors [1] Group 1 - The analyst, Dhierin-Perkash Bechai, has a background in aerospace engineering and provides data-informed analysis to assess the growth prospects of the aerospace and defense industry [1] - The investing group, The Aerospace Forum, offers access to data analytics monitors to support investment decisions [1]

It it's so easy to see how you could get someone to I don't know you know miss a free throw or not. I mean I can see the way but so it's much easier but with the algorithms and the way it's happening you know immediately almost from the weird things that happen with so it might be easier but it's much easier to detect it and and to get caught. >> Correct.That's exactly right. It is very easy to get caught and frankly I think what you're going to see is that when this gets enforced the deterrence effect will ...

So, the market offering is always evolving. Um, so if you look at the two-way contract players after Jonte Porter, as as soon as the NBA asked us to stop offering those, we stopped offering. >> What do you mean.How does that work. >> So, there was a um basically a class of player that's on a 10-day contract. So, very short-term in the NBA, they don't get paid a lot of money.And so you're in a world where you know those types of players that aren't getting paid a lot you would argue are kind of some of the o ...