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Wall Street Bets: Sports betting, REVPAR

Wall Street Bets: Sports betting, REVPAR

Challengers in sports bettingOn November 22, analyst Barry Jonas of Truist Securities, with the help of HoldCrunch, a specialist analytics company founded by ex-FanDuel VP Tom Johnson, looked at the challengers to DraftKings and FanDuel in the online sports betting realm.“BetMGM was on the outer edg

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Penn CEO Snowden Purchases $850K Worth of Company Stock

Penn CEO Snowden Purchases $850K Worth of Company Stock

Penn CEO Snowden Purchases $850K Worth of Company StockPenn Entertainment CEO Jay Snowden remains confident in the company’s stock, despite its recent decline. To highlight his trust in the company, the executive expanded its stake in the operator, purchasing 54,200 more shares for approximately $1

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ESPN Bet gears up for New York debut as sports season kicks off

ESPN Bet gears up for New York debut as sports season kicks off

As August draws to a close, the New York sports betting scene anticipates the debut of its newest entrant, ESPN Bet. Earlier this month, Penn Entertainment had set the end of August as the target launch window for the online sportsbook. However, according to recent updates fromNewsday, the launch is

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ESPN Bet is set to launch sports betting in New York.

ESPN Bet is set to launch sports betting in New York.

In the New York sports betting industry, Wynn Interactive ranked last in July with a revenue of $51,222 and a betting amount of $936,926. Later this month, ESPN Bet, under Penn Entertainment, will replace Wynn Interactive, which obtained Wynn's New York sports betting license in February.Last week,

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