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Sports investing has taken off, but the biggest prize in the industry remains almost untouchable
In today's big story, we're looking at the red-hot world of sports investing, with one glaring exce…
Dan DeFrancesco
FuboTV stock falls 16% amid ballooning losses even as subscriber growth jumped in 2020
FuboTV's annual net loss topped $570 million in 2020 as the company continues to build out its spor…
Will Daniel
California Proposition 27: Voters will decide on legalizing sports gambling with revenue going toward social causes
Proposition 27's revenue would be allocated to provide resources to address homelessness, mental he…
Taiyler Simone Mitchell
DraftKings extends gains after raising profit target at latest investor day
DraftKings stock rose for a second day, aided by its increased outlook for long-term adjusted EBITD…
Carla Mozée
Aaron Judge earned an extra $150 million by betting on himself thanks to one of the greatest 'gamble' seasons in sporting history
Aaron Judge turned down a deal worth more than $210 million heading into the 2022 season. After bre…
Tyler Lauletta
Results: California Proposition 27: Voters say no to legalizing sports gambling with revenue going toward social causes
Proposition 27's revenue would have been allocated to provide resources to address homelessness, me…
Taiyler Simone Mitchell
A 'frictionless' gold rush: How online sports betting swept the nation in less than 4 years
"It's men ages 22 to 50, white, college educated, have disposable income … That's who's betting," a…
Jake Lahut
DraftKings soars 10% after beating earnings estimates and passing 1 million monthly payers
The sports-betting platform also lifted its 2020 and 2021 revenue estimates, hinging the improved f…
Ben Winck
Masters 2022: 9 players to bet at the biggest tournament in golf
With the return of Tiger Woods, this year's Masters is already set to be a great tournament, but Wo…
Tyler Lauletta
6 bets that look smart heading into the first weekend of March Madness
No. 16 Georgia State probably isn't going to beat No. 1 Gonzaga, but they could cover the spread.
Tyler Lauletta
Popular sports-betting stock DraftKings slumps 10% after reporting a larger loss than expected
DraftKings said in a second quarter earnings release that it does not expect any long-term impact d…
Carmen Reinicke
DraftKings surges 12% after Michael Jordan takes equity stake and special adviser role
The six-time NBA champion will advise DraftKings on topics including strategy, development, diversi…
Ben Winck
The best prop bets you can make on Super Bowl LVI
Matthew Stafford.AP Photo/John Munson
Tyler Lauletta
Some retail traders are turning to gambling addiction centers after a wild 2-year ride for stocks - but clinicians' limited understanding of the condition and markets means help can be hard to come by
Rehab centers say they've seen a surge in people seeking help for trading addiction since the retai…
Jennifer Sor
Sports betting platform DraftKings plunges 13% after COVID outbreak halts MLB games
Major League Baseball canceled two Monday games after four members of the Miami Marlins tested posi…
Ben Winck
Best bets for NFL conference championship weekend, from covering the spread to touchdown scorers
It was also a pretty good week for our bets, which went 3-1 against the spread. This week, we're ba…
Tyler Lauletta
The NFL playoffs are here and we picked the winner of every game
The NFL playoffs got off to a big start last weekend with the Chiefs and Bills both riding blowout …
Tyler Lauletta
Gambling helplines see nearly 50% surge in day trading-related calls as SEC probes 'gamification' of retail brokerages
Robinhood CEO Vlad Tenev has pushed back on gamification concerns: "Investing isn't a game, but mus…
Ethan Wu
The NFL playoffs are here and we picked the winner of every game
After going 8-8 the final week of the season, our picks against the spread finished a tidy 142-128-…
Tyler Lauletta
NFL Week 18 is here and we picked the winner of every game
If you plan on putting any heavy money down on games this week, tread carefully — some teams are re…