DraftKings Inc. (NASDAQ:DKNG) ranks among the best sin stocks to buy in 2026. Citing DraftKings Inc. (NASDAQ:DKNG)’s recent performance in the New York market, Benchmark reaffirmed its Buy rating and $37 price target on the company’s shares on December 1. Through Week 12 of this season, New York’s sports betting industry has shown strong year-over-year growth, with handle up 12.7% and revenue up 16.2% when compared to the same period last year. Despite a somewhat weaker hold rate of 8.3% compared to the ...

LAS VEGAS, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Winners, Inc., (OTC: WNRS), a Company that provides predictive sports analytics and data products driven by Gen AI for US sports, including NFL, NBA, MLB, and NCAA to predictive markets Polymarket and Kalshi, today announced the completion of acquisition of Moneyline Sports Inc. and provided the following year end Letter To Shareholders from the new Winners Inc. CEO, Michael Friedman. Dear Shareholders, As we move toward the year end of 2025, I am honored to intr ...

Matchbook, a sports betting exchange, is launching a prediction market platform in the UK as it prepares to compete with rivals Kalshi and Polymarket in the US https://t.co/OgZOluhdOC ...

Core Insights - Global Alpha Capital has increased its stake in Genius Sports Limited by purchasing 537,900 shares, bringing its total holdings to 4,733,700 shares valued at approximately $58.60 million as of the end of the third quarter [2][3] - Genius Sports reported a significant sales growth of 38% in the last quarter, indicating strong performance in the sports data and technology sector [1][11] - The company currently has a market capitalization of $2.57 billion and trades at a price of $10.75 per share, reflecting an 11% increase over the previous year [4][3] Company Overview - Genius Sports Limited is a leading provider of technology and data-driven services to the sports, sports betting, and media sectors, leveraging proprietary technology for live data collection and distribution [6][8] - The company serves over 400 sports leagues, more than 650 sportsbooks, and 250 brands, providing a comprehensive suite of data, streaming, marketing, and integrity solutions [11][9] - Genius Sports has established contracts with major partners, including the English Premier League, NCAA, NBA, and holds a 10% stake from the NFL, aligning incentives for continued collaboration [12][11] Financial Metrics - The company reported a trailing twelve months (TTM) revenue of $604.52 million, with a net income of -$119.17 million, indicating ongoing challenges in achieving profitability [4][11] - Genius Sports' stock-based compensation currently accounts for 24% of its revenue, which may impact future profitability if not managed [12] - The stock is trading at 36 times forward earnings, suggesting a premium valuation relative to its growth potential and market position [13]

In the fast-moving world of sports betting, a few seconds can mean everything. On https://t.co/1aQemhmjuy’s prediction market, those seconds now belong to the pros https://t.co/EelG0fYKBr ...

Prediction market Polymarket is in the process of hiring an internal market-making team that will trade directly against customers — a shift that could blur the lines between a prediction market and a traditional sportsbook. The company has recently spoken to traders and sports bettors about building the new desk, according to Bloomberg, citing people familiar with the matter. The move follows a similar step by rival Kalshi, which has defended its own in-house trading team as a way to improve liquidity an ...

We came across a bearish thesis on Sportradar Group AG on The Bear Cave’s Substack by Edwin Dorsey. In this article, we will summarize the bulls’ thesis on SRAD. Sportradar Group AG's share was trading at $22 as of November 28th. SRAD’s trailing and forward P/E were 65.39 and 40.16 respectively according to Yahoo Finance. Jim Cramer Just Couldn't Stop Gushing About DraftKings Inc. (DKNG)'s Deals Ahead Of The NFL Season Sportradar Group (NASDAQ: SRAD) positions itself as a global leader in sports technolo ...

Core Insights - The sports betting industry in the U.S. has seen significant growth since the Supreme Court allowed states to legalize it, with 38 states and Washington, D.C. legalizing sports betting in some form [1] Company Analysis - Penn Entertainment has experienced a decline in stock value, down approximately 57% over the past three years, while DraftKings has seen an increase of around 122% in the same period [3] - DraftKings operates a diversified ecosystem that includes sports betting, daily fantasy sports, iGaming, and lottery, allowing it to acquire and retain customers through multiple channels [4][5] - DraftKings has an asset-light business model focused on software, which enables easier scalability and reduces reliance on debt compared to traditional physical casinos [9] Financial Performance - DraftKings reported an adjusted EBITDA loss of over $700 million in 2022 but expects a turnaround to between $450 million and $550 million in the current year, indicating a potential improvement of $1.15 billion to $1.25 billion over three years [10]

Fanatics, the leading global sports platform, is entering a rapidly growing sector filled with demand — prediction markets. Fanatics Markets, a simply, user-friendly prediction market platform, was announced on Wednesday. It will allow consumers to trade on moments shaping sports, finance and culture.While Fanatics is one of the major players in the sports betting space, a prediction market is an entirely different space given the vast sectors people can choose to trade on, including politics, the Oscars, a ...

Summary of Genius Sports Investor Day Conference Call Company Overview - **Company**: Genius Sports - **Industry**: Sports technology and data analytics, focusing on digital transformation in sports Key Points and Arguments 1. **Digital Transformation of Sports**: Genius Sports is positioned at the center of the ongoing digital transformation in sports, which is characterized by data-driven fan behavior and the convergence of betting, media, advertising, content, and commerce [3][4][6] 2. **Genius IQ Platform**: The company emphasizes the importance of its technology platform, Genius IQ, which serves as the operating system for modern sports, capturing real-time data and enhancing fan engagement [4][8][10] 3. **Market Position**: Genius Sports has renewed major league partnerships and expanded its media business, which has nearly tripled in size over the last four years. The technology is deployed in over 300 venues worldwide, with plans for hundreds more [6][7][35] 4. **Revenue Pathways**: The company aims to own revenue pathways in betting, media, advertising, and data, allowing it to extract value without needing to own the sports fan directly [6][7] 5. **Financial Outlook**: The company projects a revenue of $1.2 billion and an adjusted EBITDA of $365 million by 2028, with a 30% margin and 60% free cash flow conversion [9][10] Additional Important Insights 1. **Fan Engagement Strategy**: Genius Sports focuses on creating immediate, intelligent, and immersive fan experiences that are consistent across the entire fan journey, avoiding fragmented solutions [12][14][15] 2. **Technological Innovations**: The company utilizes advanced technologies such as AI, machine learning, and computer vision to enhance data collection and analysis, which is critical for modern sports [17][18][19] 3. **Applications and Experiences**: Genius Sports has developed various applications, including Genius Perform for performance analytics, Genius Bet for interactive betting experiences, and Genius Engage for enhanced media integration [23][28][29] 4. **Partnership with NFL**: The relationship with the NFL is highlighted as a key strategic partnership, focusing on enhancing fan engagement and exploring international growth opportunities [37][76] 5. **Integrity and Regulation**: The importance of maintaining integrity in sports betting and the role of regulation in creating a trusted ecosystem is emphasized [49][52] Conclusion - Genius Sports is strategically positioned to capitalize on the digital transformation of sports through its innovative technology platform, strong partnerships, and focus on enhancing fan engagement and monetization opportunities. The company is optimistic about its growth trajectory and the potential for new revenue streams in the evolving sports landscape [10][81]